SGTech Solutions

Premium Processing Services

Premium Processing Services

The Premium Processing Department is adept at the timely collection of premiums from customers, thanks to its well-structured organization and robust database. It allows our insurance agency clients to fulfil the due diligence without ever any miss-outs.

With a host of payment facilities, SGTech specializes in taking care of all such outsourced premium activities. For instance, there is provision to accept payments through credit cards, EFT, looking into reports and commission checks, researching and processing all payment exceptions and also taking care of bill rescheduling and change of plan requests.

Our Premium Processing Services offers:

  • Premium Collections
  • Direct bill reconciliations
  • Remittance exceptions
  • Bank changes /Excess/ deductible management
  • Premium/ Refunds /Billing mode changes
  • Subrogation and Recoveries
  • 3rd Party Claims (property damage & bodily injury)
  • Settlement Agreement
  • Fraud checks
  • Claim finalization