Bexhill UK Premium Funding Management System for In-House Premium Finance
How does the premium funding management system work for in-house premium finance?
Once you have set up your premium finance company or varied the permissions of your brokerage , Bexhill UK will provide access to the Premium Funding Management System. The rest is simple. All funding, repayment and premium calculations are automatically carried out by the system.
The Bexhill UK Premium Funding Management System reduces the effort required in managing the funding process. Eventually, it leads to more control, better management and streamlined funding processes.
What does the in-house premium funding management system do?
Bexhill UK Premium Funding Management System consists of a series of seven fully interactive workbenches that provide all the systems, procedures and documentation you need to successfully run your own Premium Financing Company.
The system is fully integrated and extremely simple to operate. No complex calculations are required, and the entire documentation is done automatically. It requires no extra staff, and all users are fully trained by Bexhill UK.
Clients
The Client database workbench records each customer's details and a summary of their finance agreements. This provides easy and quick access to your customer information.
Finance Agreements
The Finance Agreement workbench produces, prints and monitors all of your customer finance agreements.
Cashbook
The Cashbook workbench manages your bank account, recording all payments received and reconciling all transactions on your bank statement.
Report
The extensive reporting system embedded within the Premium Funding Management System provides all the information you need to run your own funding company profitably.
Funding Application
The Funding Application workbench manages all of your premium funding requests to Bexhill UK.
General Ledger
The General Ledger workbench manages all the accounting functions of the system, eliminating the need for manual accounting tasks.
Administration
System administration and maintenance is straightforward, and includes a multi-level security system for users.
Bexhill UK provides extensive training and support to help you operate the system with ease.
The Bexhill UK Premium Funding Management System requires minimal knowledge to get you started. It’s easy to operate and comes with smart and user-friendly features to manage your funding solutions.
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