|
|
|||
|
|||
|
|||
1. What is StructureOnline, Inc. - Is
this yet another dot com. StructureOnline is not a dot com. In fact, we are not even an
“Internet” company. StructureOnline is a company which combines structured settlement expertise
and focus with the latest technology to offer software and process
solutions. StructureOnline works hand-in-hand with its customers: the
brokers, life insurance companies and claims organizations which make up the
structured settlement industry. It is not our mission to conquer or change the structured settlements
industry; it is our mission to provide the tools for industry participants to
grow and improve it. 2. Who are StructureOnline's
customers? Our customers are the people and companies who make the structured
industry the dynamic place it is today. They include brokers, life insurance
companies and claim organizations. Our mission is to help them leverage their
expertise and resources to grow and improve the structured settlement
marketplace. 3. Why has the need emerged in the
structured settlement industry for a business-to-business connectivity? In order to grow the structured settlement marketplace, there is a
need to further automate processes and to provide better ways of referring
claims for structure. The structured settlements process is time and
paperwork intensive. Such necessary things as referral of cases to brokers,
quotation of insurance products to fund settlement programs, and preparing
closing paperwork take the participants in the industry away from their
primary focus: settling cases. StructureOnline’s
products allow for substantial automation so that brokers and insurance
company personnel can devote their time to settling cases. Brokers, life
companies and claim organizations also often work with multiple partners
(e.g., brokers sell the products of a number of life companies). Thus for
optimum workflow efficiency, there is a need for connectivity between
multiple parties. StructureOnline allows this through development of a
single standard for workflow communication. Most structure cases are the result of manual file review and
referral. These manual procedures require time from claims professionals and
brokers, and are subject to competing priorities on both the claims and
broker sides. StructureOnline’s products allow
automation of file reviews and case referral. This removes obstacles and
increases the number of cases referred for structure. Our products are also
fully customizable, which means that reviews and referrals are done on our
customers’ terms. 4. How do brokers benefit by using
StructureOnline? Among the benefits StructureOnline provides are: 1. More structure referrals, resulting in more business. 2. Connectivity and automation, resulting in cheaper processing costs. 3. One-time entry of data for tracking, quoting, proposals, documents,
etc. 4. Ability to share data between brokers and support staff
electronically. 5. Diary capability for managing and monitoring cases. 6. Ability to update case information interactively with clients and
life companies. 7. System can be used on-line or off-line. 8. Real time reporting, with 24 X 7 access. 9. Leverages current systems.
5. How do life companies benefit by
using StructureOnline? Among the benefits StructureOnline provides are: 1. More structure referrals, resulting in more structured annuity sales. 2. Better management of affiliate programs (e.g., real-time monitoring of
last right of refusal). 3. Real-time, single point distribution capability for daily rates, rate
changes, etc. (either through StructureOnline’s
EZ-Broker or via automatic fax/e-mail). 4. Diary capability for managing and monitoring structure cases. 5. Ability to update case information interactively with brokers. 6. Ability to identify and track affiliate cases that do not structure,
for referral to financial planners and others. 7. Connectivity and automation result in cheaper processing costs. 8. Real-time reporting, with 24 X 7 access. 9. Leverages current systems.
6. How do P&C companies and claim
organizations benefit by using StructureOnline? Among the benefits StructureOnline provides are: 1. Ability to use structured settlements as a claim settlement tool more
effectively, efficiently and inexpensively. 2. More efficient identification of structure candidates from claim
systems. 3. Automatic, controlled referral of cases to brokers (either through StructureOnline’s EZ-Broker or via automatic fax/e-mail). 4. Diary capability for managing and monitoring structure cases. 5. Ability to update case information interactively with brokers. 6. Fast identification of cases that do not structure, for referral to
financial planners and others. 7. Real time reporting, with 24 X 7 access. 8. Leverages current systems. For more information, or to
discuss the benefits of our products, please call us or e-mail us. 7. What if I use StructureOnline’s
products, but the companies I do business with do not? You can achieve significant business efficiency and growth through
the use of StructureOnline’s standalone products.
The foundation of our modular approach to e-Business connectivity is products
and services which can provide value to our customers without relying on a
community of users. However the benefits of our products grow exponentially
once a customer’s business partners begin using them. 8. What distinguishes StructureOnline
from any other software provider in the structured settlement industry? StructureOnline is the only software provider which services only the
structured settlements industry. Our focus on and knowledge of the industry
allow us to offer our solutions faster and at a better price than any other
software provider. 9. Does the StructureOnline Software
Suite integrate with the legacy systems that we might have? Yes. We recognize that our customers have invested much in their
information systems. All of our products are customized for each customer,
and fully integrate with necessary systems (e.g., accounting systems). StructureOnline’s open architecture allows this to be
done easily and quickly. In addition, our modular approach means that customers do not need to
purchase the entire StructureOnline suite to realize benefits elements of the
suite can be easily integrated with current systems. |
|||
|
|||
|
Copyright © 2009 StructureOnline, Inc. All rights reserved. Home | About us
| Privacy Policy | Terms of Use
| Contact Us | Site Map
| Feedback | FAQ |
