Producer Compliance Requirement Management

Rhoads Online Institute

40 Wall Street, 28th FloorNew York, NY 10005 USAMain: 1-212-425-0213 Fax: 1-212-725-7647

http://www.rhoadsonline.com/

To learn more about PCRM or to request a demonstration,please call 212-425-0213, or email info@rhoadsonline.com.

For Adjusters

PCRM

Works the way you work, Where you work

All Systems Are Aligned

Here, There, and Everywhere Made By Users, For Users

Playing By Every State’s Rules

PCRMThe dynamic nature of the insurance licensing industry causes it to be increasingly complex with a myriad of rules varying from state to state. Adjusters must fulfill many requirements before they are able to obtain a license. Understanding and adhering to regulatory processes isparamount in maximizing operational efficiencies and financial investments. Utilizing technology to drive regulatory compliance addresses the ability for organizations to maximize their investment. Thus, adjusters need an efficient and intuitive solution that is highly configurable and easy to use to streamline and automate their management operation

Rhoad’s Professional Compliance & Requirements Management (PCRM) is an easy-to-use, highly configu-rable, web-based solution designed to fit all your adjuster licensing needs. PCRM manages routine tasks and provides you with comprehensive support to comply with industry regulatory standards and third party service providers, allowing you to stay focused on managing your adjuster and claims management needs.

Anyone can use PCRM, with its simple-to-use dashboard. Users can custom-ize workflow by designating roles and assigning tasks. Reminders are scheduled for whenever a license is expiring or when a state has made regulatory changes, ensuring that you are always updated on changes in insurance licensing. Various types of reports can be generated for corporate analysis via PCRM as well.

An internet connection is all it takes to use PCRM. PCRM’s easy-to-access, cloud-based, centralized repository tracks all your producer and carrier information, helping to avoid redun-dant data sources, eliminate errors and reduce operational costs. PCRM also has a multi-filter search function to ensure that producer information can be found quickly by adjusting the parameters of the search.

PCRM is integrated with many third party systems (PDB, NIPR, CE providers, back-ground checker), and will integrate with your legacy system seamlessly to ensure a smooth data flow between systems. PCRM does so by using a standardized file format during data import and export to optimize data readiness for later data flow to the various third party service providers.

Applying for and renewing both resident,non-resi-dent and DHS adjuster licenses has never been easier. PCRM users can download adjuster information from the PDB and store it. Additionally PCRM’s wizard-based approach ensures that state requirements are met during license applications, by auto-filling only the necessary information. PCRM also supports compliance tracking of each state ensuring successful outcomes in the application process.

Key Features • Web-based

• Workflow including automated user task creation and notifications

• Appointment and Termination processing

• Real-time interfaces to update internal enterprise-level applica-tions

• Non-compliant agent analysis with state license tracking

• Reconcile appointments with all 50 state systems, including non-appoint states

• Document management and storage

• Report generation

• Track E&O and Fidelity coverage

• Updates on changes in state regulations for all states

• PDB and NIPR integration

• Application tracking