Boost efficiency with DOCOsoft’s CAT and Event Code module
Assign catastrophe and event codes quickly and easily.
Simplify CAT reporting
The CAT and Event Code module available in DOCOsoft’s claims management system allows users to assign catastrophe and/or event codes to claim records. This functionality helps insurers track and report the impact of CAT events on their business.
The module includes comprehensive reporting functionality, enabling insurers to generate real-time reports on the impact of catastrophe events. These reports offer valuable insights into claims trends, financial exposure, and event outcomes.
By effectively monitoring and analysing events, insurers can better understand their exposure and make more informed decisions across their operations.
Benefits of using our CAT and Event Code module
- Categorisation – Ability to group claims by CAT and Event Code.
- Duplication – Event duplication management to handle situations where duplicate events are created.
- Reporting – Full CAT and Event reporting capability allows teams to see the full impact of events and drill down into relevant claims.
- Notifications – Eventing task notifications and warnings to ensure claims are linked to the right events.
- Coding – Event coding at the parent claim level for non-block claims.
- Threshold – Configurable so claims exceeding a certain financial threshold require an event code before a handler can respond to the claim message.
How does CAT and Event coding work?
Our CAT and Event Code module provides insurers with a powerful tool to track and manage the impact of catastrophe events. By assigning event codes to claims, users can easily monitor and report on the financial and operational consequences of these events.
Manage
Set up CAT codes, Event codes and Sub-Event codes, and manage these within the CMS.
Receive
Claims relating to a catastrophe and/or identified event are logged into the CMS.
Alert
Module displays Event notifications and warnings against claims to advise handler.
Assign
Users will be able to assign CAT, Event and Sub-Event codes directly within a claim task.
Report
Reporting allows users to review claims that have been registered with a CAT or an Event code at claim or event level.