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Hunter Alliance Group
2020 Long Tail Trail
Argyle, TX  76226
940-262-7650
972-692-7779 fax
info@hunter-alliance.com
 

 

Electronic Treaty Verification
(ETV)


By combining secure data extraction and manipulation techniques with an in-depth knowledge of insurance accounting practices, Hunter Alliance Group has created the Electronic Treaty Verification program.  ETV is a process designed to enhance insurance carriers' ability to manage, administer, and analyze any block of insurance business.  It can be used in routine verification of production remittances as an enhancement of MGA Examinations, or it can be used to focus on problem blocks of business.  The ETV program contains the unique ability to test, in entirety, treaty transactional data against predetermined standards related to:

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Treaty provisions

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Trust account requirements

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Policy premium or limits

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Claims payment & adjusting


By capturing inception to date transaction data, the ETV program is able to analyze, test, and compare all imaginable scenarios such as:

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Production remittance confirmations

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Trust account Adequacy

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Duplicate payments

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Dates of loss outside of coverage date

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Erroneous policy numbers

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Blank data fields

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Timeliness of claim payments

 

 

  
Reinsurance Treaty Dispute?

Production  Verification?

Cession Confirmation?

Electronic Treaty Verification (ETV):  Through the utilization of computerized data gathering and auditing techniques, insuring parties are able to obtain confirmation and confidence in third party production remittances.  For more information on this innovative program, see ETV.
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