Ultima Fleet Insurance Solution
Ultima Fleet Insurance Solution

Ultima Fleet Insurance Solution

Ultima Fleet is a tried and proven software solution in the fleet insurance market place including Lloyds of London.

Due to the competitive nature of today's fleet insurance market and increasing costs, insurers are finding it hard to maintain a profitable fleet portfolio. In this current climate Fleet operators are increasingly looking into new ways to reduce the risk and subsequently their insurance costs. Ultima Fleet provides a solution for both the insurer and fleet operator to assist eachother in managing the risk.

Fleet insurance administration has previously been a time consuming process, sometimes more complicated processes still being performed manually. Unrivalled, the Ultima Fleet solution provides innovative processing that allows many "manually" performed tasks, for example, fleet claims experience, fleet workflow and fleet certificate production and audit, to be performed automatically within seconds.

Ultima Fleet not only allows underwriters to rapidly analyse a risk to an in-depth level, but also enable policyholders to be able to mitigate their own risk, providing them with the detailed analysis required to allow fleet operators to manage their policy and identify risk and training needs. The system has been proven to successfully reduce premiums, increase profitability and reduce claims costs therefore increasing customer loyalty and greater flexibility in winning new business.

Here are just a few of the business benefits of the Fleet Insurance Solution:

  • Client Centric solution
  • Scalability
  • Multiple line of business/schemes easily introduced
  • Full back office fleet centric solution
  • Ability to bring new product lines to market quickly
  • Capability to underwrite/individual segments of portfolio
  • Comprehensive detailed breakdown/analysis of risk
  • Full certificate production system including audit logs
  • Full real-time fleet claims experience production
  • Real time delivery of MI (ability for users to easily define their own reporting requirements)
  • Ability to rapidly refine terms to ensure best offer/underwriting
  • Competitive pricing and value
  • Full Motor Insurance Database (MID) integration
  • Enhanced customer retention
  • Electronic Document Management (EDM) integration
  • Auto addressing, credit card, bank, any third party integration
  • Consultants with industry expertise
  • Proven to increase efficiency in claims being processed by over 100%
  • Automated provider payment processing
  • Email/SMS capability
  • Innovative customisation layer allows changes to be delivered in hours, not weeks
  • Successfully proven Fleet market place
  • Claims and case management for automated electronic transaction handling and workflow