Release 5.07

1
Release 5.07 5.08 Features

• Session No. 702

2
XY-CREDITRelease 5.07
3
Release 5.07 Regulatory Projects

• X2003001 Add Premium Amounts to XPB811 (23232)
• X2003002 Alaska - Loan Term Range As Variable
  Sort (23208)
• X2003003 - Modify Unearned Premium to Use Actual
  APR (23091)
• X2003004 CIEE Reporting Requirements (23343)
• X2004001 - Allow Banded Rates Greater than 99.99
  (23609)

4
90 Pro Rata Refund Method for Alabama (23445)

• Alabama allows insurers to refund 90 of pro-rata
  refund amount on IUI insurance when customer
  cancels insurance
• Extended Rating used to handle this type of
  refund
• New fields added to the Extended Rating screen
• Reason Code
• Percent

5
Auto Cancel Letters Based on Reason Code(22871)

• Produce farewell letters for insureds who cancel
  their certificates
• Different letters may be generated for different
  cancel reason codes
• Farewell letter code in Table CR points to a
  corresponding auto-letter entry XPAUTOxx

6
Auto Cancel Letters Based on Reason Code (22871)

• User will be prompted with an error message when
  the system cannot find an address for the insured
  
• User may then add the address
• System will produce the auto-letter for
  cancellation in the daily cycle when the
  cancellation is confirmed

7
XP04 Calc Refund Remaining Term by First
Payment Date at Coverage Level (23241) User
Group Enhancement

• Allows the use of the effective date or the first
  payment date when calculating the remaining term
  for refund calculations
• New field Rem Trm Basis was added to both
  XPP575 (Standard Rates) and XPP585 (Banded
  Rates)
• Ability to be date ranged

8
XP05 Display Force Codes on Cert Display
(23090) User Group Enhancement

• Displays meaningful text description of the force
  applied to the certificate and/or coverage
• Force field and related data items removed from
  Cert Display Page 1
• Message line added to Page 1 to indicate forces
• Cert Display Page 2 displays force descriptions
• Maximum 6 per coverage

9
XP05 Display Force Codes on Cert Display
(23090) User Group Enhancement

• User ID of the last person to update the record
  displayed
• New Business
• Cancellations
• Quick Cancels

10
(No Transcript)
11
(No Transcript)
12
XY-CARDRelease 5.07
13
XG04 Add Net ITD Premium Field to Balance
History Screen (23084) User Group Enhancement

• Allow users to view total adjustments and net ITD
  premium online
• Screens affected
• Balance History (XGP070)
• Balance Update (XGP130)
• Adjustments (XGP090)
• Three new fields added
• Net ITD Prem
• Pending Adjustment Flag unlabelled noted by the
  
• Total Adj

14
(No Transcript)
15
XG06 Provide Warning Before Deleting Cert on
XGP040 (23085) User Group Enhancement

• Displays warning message prior to delete
• User must confirm intent to delete certificate

16
XY-ADMINRelease 5.07
17
XL01 Authorization to Force Underwriting Errors
(23340)User Group Enhancement

• Previously, when an underwriting error occurred,
  any user can enter a force code on New Business
  or Coverage Maintenance
• System modified so only authorized users can
  force underwriting errors

18
XL01 Authorization to Force Underwriting Errors
(23340) User Group Enhancement

• New authorization field Underwriting Force
  Errors appears on User Authorization (XSP900)
• Valid values either Y or N
• Modules modified to use new authorization field
• New Business (XLE342)
• Coverage Maintenance (XLE367)

19
Enhance Refund Processing for XY-ADMIN (23301)
5.07

• Adds pre-defined tables of refund percentages
• Percentage to be refunded based on time in force
  and original term
• Time in force is range specified in days for
  first year and months after that

20
Enhance Refund Processing for XY-ADMIN (23301)
continued

• Additional options for policy fee handling
• Retain policy fee on all refunds except flat
  cancels
• Retain policy fee on all refunds

21
Enhance Refund Processing for XY-ADMIN (23301)
continued

• Non-refundable premium amount
• Retain the non-refundable premium on all refunds
  except for flat cancels
• Retain the non-refundable premium on all refunds

22
XY-ADMIN Delay of Policy Print(23575)

• Delay printing of policies/letters X number of
  days
• Days defined on Letter Grouping by Action
• Allows different number of days for each of the
  10 letters
• Policy status checked when print date is no
  longer in future and letter handled accordingly

23
Extended Term Insurance(23642)

• Also called Reduced Paid Up Insurance
• Extends the term using the cash value to pay the
  premium when policy becomes delinquent
• Delinquent coverage is cancelled
• New single premium coverage is added to the
  certificate

24
Extended Term Insurance(23642) continued

• Cash value table controls
• Benefit of new coverage
• Term of new coverage
• Premium of new coverage
• Extended term coverage code defined on the
  Producer Rate Pointer
• Document may be generated when an extended term
  coverage is being added

25
XY-CLAIMRelease 5.07
26
XC04 Indicate Base or Cert Action (23087)
User Group Enhancement

• New Base Action Indicator on each action line
  on the following screens
• XCE120 (Mail)
• XCE310 (Claim Status)
• XCE315 (Outstanding Follow-Ups)
• XCE385 (Action Maintenance)
• XCE720 (Status Inquiry)
• Actions on the base record are flagged with a

27
(No Transcript)
28
XC05 Allow Follow-up in Zero Days (23088)
User Group Enhancement

• Generate follow-up activity the same day original
  action was recorded
• Modified Extract Daily Claim Activity (XCB010) to
  generate follow-up actions for user-initiated
  actions

29
XC05 Allow Follow-up in Zero Days (23088)
User Group Enhancement

• Exclusions
• Auto-Close requirement still appliesFollow-Up
  Days must be at least 1 day
• Actions generated in the batch cycleif auto
  letter has a follow-up letter, follow-up will not
  be generated on the same night
• No follow-up for held payments that must be
  manually released

30
Datarray5.07
31
Credit Data WarehouseCalculate UEP by State
(23621)

• Allows option to determine UEP calculation method
  (R78, Pro Rata, etc.) by location
• Continues ability to report IBNR as percentage of
  UEP, defined at the insurer level
• Direct and reinsurance

32
DW01 Datarray Producer Pointers (23092) User
Group Enhancement

• Add Producer File pointers
• Enables monitoring/auditing of producer
  configuration
• Pointers requested
• Compensation
• Rates
• Limits
• Reinsurance
• Experience Refunds
• Contingency

33
DW01 Datarray Producer Pointers(23092) User
Group Enhancement

• Modified DW Producer Extract to extract and
  create eight new files containing pointer data
  elements requested
• New tables added to Support Database that store
  the new information

34
DW01 Datarray Producer Pointers (23092) User
Group Enhancement

• New Tables
• Producer Comp Pointers
• Producer Comp Levels
• Producer Liability Limits Pointers
• Producer Rate Pointers
• Producer Reinsurance Pointers
• Producer Experience Refunds
• Producer Contingent Commission
• Producer Freeform Comments

35
ADMIN Data Warehouse - Move Reinstate PCI Data
Into Own Tables(23729)

• Add separate tables for reinstate benefit
  change information
• Remove related fields on Coverage Table
• New program was created to populate the new
  tables

36
ADMIN Data Warehouse - Move Reinstate PCI Info
Data Own Tables(23729) continued

• First time new XLBDW010 runs, all coverage
  records will get a change
• First time new program runs, new tables will be
  populated

37
XY-CREDITRelease 5.08
38
XP508-04 - Move Cash Between Remittances (23654)
User Group Enhancement

• Moving money from one control number to another
  is time consuming
• This enhancement provides for a more streamlined
  method of moving cash between control numbers
• Reduces keystrokes data entry errors
• Saves time money in the reconciliation process

39
(No Transcript)
40
User Defined Return Code (23732)

• Return a coverage when no system detected error
  exists
• New return codes added
• 1RU return 1st coverage
• 2RU return 2nd coverage
• 3RU return 3rd coverage
• 4RU return 4th coverage
• Certificate Display modified to report User Spec

41
Enter Cert Level Checks on Check Maintenance
(23734)

• User may enter checks tied to cert directly on
  Check Maintenance
• Address may be entered on certs address screen
• Check may be defined as
• Return
• Endorsement
• Cancel
• Other

42
Enter Cert Level Checks on Check Maintenance
(23734)

• User supplies cert and check information
• Cert number
• Insurer
• Cert sequence
• Amount
• Reason
• System tracks who entered the check

43
XP508-09 Enhance Status Actions and Forces
(23655) User Group Enhancement

• Allows user to enter status action and
  description directly on Cancellation and Quick
  Cancel screens
• Can add multiple status actions
• Can add status actions whether or not there is a
  force
• Summary of Forces Reinstate report will display
  last issue or cancel action added in reporting
  period

44
(No Transcript)
45
XY-CARDRelease 5.08
46
Edit Adjustment Against Total Premium(23673)
User Group Enhancement

• Include unbilled premium when editing adjustments
  
• Dont reject negative adjustments unless
  adjustment is larger than both billed and
  unbilled premium

47
Use Most Recent Active Certificate for Transfers
(23674) User Group Enhancement

• Transfer processing will look for the most recent
  certificate
• This will result in more current records being
  used

48
XY-ADMINRelease 5.07
49
Expanded Quoting Capabilities (23791 23841)

• Premium Quotes screen (XLP399) modified to
  provide more information and include additional
  functionality
• Quote Selection Lists now populate the Quote
  screen with up-sell or down-sell products
• Pop up screens display selected coverages to add
  via new business or coverage maintenance

50
(No Transcript)
51
(No Transcript)
52
(No Transcript)
53
(No Transcript)
54
Additional M/Text Variables(23675) User Group
Enhancement

• Add additional coverage variables
• CNCREFND coverage cancellation refund amount
• CNCCODE coverage cancellation code
• CNCDATE coverage cancellation date
• CNCREAS coverage cancellation reason
• PDAMT added for the amount of the check received
  with the application

55
Producer Termination Date Edit(23676) User
Group Enhancement

• Disallow new business if effective date of
  certificate after termination date of producer
• Options File driven

56
XY-CLAIMRelease 5.08
57
Add Date Who to XCR400 Report(23658)User
Group Enhancement

• Sort by Examiner of Record/Date or Examiner of
  Action/Date
• Page break at change in Examiner
• Also included are the initials of the Examiner of
  Record and Action for each claim and the date the
  action was added
• Optional processing

58
Non-Prep Payments at One Time(23659) User Group
Enhancement

• Non-prep multiple payments with one transaction
• Use with most functions
• Void
• Stop
• Replace
• Backout function excluded

59
Global Switch to Close Inactive Claims(23661)
User Group Enhancement

• Auto close claims with no activity within a user
  specified amount of time
• Claims must have no pending follow-ups
• Claims reported on Exception Audit along with the
  amount of the reserve
• Reserves will be totaled

60
DatarrayRelease 5.08
61
Add Billing Statement Data Elements to Datarray
(23679) User Group Enhancement

• Adds XY-CREDIT Batch File records
• Adds XY-CREDIT Check File records
• Combined with existing certificate data enables
  production of the billing statements
• Enables other accounting reports
• Aged Balances
• Lockbox reports
• Mailed Compensation Statements

62
Parse Cov Integ Key (23680) User Group
Enhancement

• Splits out the keys to the administration systems
• Easier access to the certificate data
• Eleven new fields added to the Claim Data
  Warehouse
• Three fields were removed
• Conversion program was written

63
Add Payment Interface Date to Data Warehouse
(23681) User Group Enhancement

• Additional fields added to Claim Data Warehouse
• Payment Interface Code
• Payment Interface Date
• Final Payment Reason Code
• Follow Up Gen Indicator
• Conversion program provided

64
Comments Added to Claim Data Warehouse (23755)
User Group Enhancement

• Freeform comments added to Claim Data Warehouse
• Enables searching comments for specific
  information
• Conversion program provided

65
Thank you!