CHSI Technologies, an insurance software provider, has launched CHSI Connections Captive Manager, a new captive management module for its insurance practice management platform.
The cloud-based system is designed to provide captive managers with improved efficiency, transparency and compliance by allowing them to leverage the flexibility of a spreadsheet and access the power of a secure database.
The module offers captive insurers access to a complete customer relationship management solution and configure data elements within the Connections system for the management of policy, premium and claims.
Additionally, it includes analytics, dashboarding and reporting tools to aid the creation of policy documents, claims and financial reports, and board packages.
Lee Mashore, chief product officer at CHSI Technologies, said the company was excited to bring the “unique captive management tool to market”.
He added: “This technology represents a wealth of ongoing feedback from our clients, who have been instrumental in helping us design the best possible solution for them.”