OpenC computing centre
Everyone knows ADP's Calculation Centre : Europe's largest payroll processor.
Ultimate centralisation of all knowledge and clout!
What a good idea!
CENTRAL OPERATION IS THE KEY TO SUCCESS?"
Team RealXS : What ADP can do, we should also be able to achieve, right?
Therefore, Team realXS has taken the initiative to optionally have its software managed by a Computing Centre capable of advising and assisting you during the registration, distribution, production and administration of insurance products.
The application of a Computing Centre in fact allows all those involved to cooperate or not.
A) Insurers can invite specific advisers to offer specific insurance products to their customers.
B) Advisers can approach insurers there to find coverage for specific products.
A Calculation Centre does not have any intermediary role and does not advise the customers!
Benefit for the insurers
Big advantage for the insurers is, that realXS regularly digitally reconciles the data with the AFM's register, where it concerns the licences relevant to the advisers. This information thus automatically becomes available to insurers. If an adviser loses his licence, this has corresponding consequences for his registration with the Computer Centre: insurers are informed.
Benefit for the intermediary
For the advisers, the big advantage is that they can offer/conclude and maintain all conceivable/available insurance products with insurers via the Computation Centre in an unambiguous manner.
All connected parties can view the status of their own current account.
Questions such as :
Advisor:"What is the status of my current account with a specific insurer (creditor)?"
or
Insurer: "What is the status of our receivables from an adviser (debtor)?"
or
Insurer and adviser:"What is the status of a policyholder's (debtor's) current account?"
or
Insurer and adviser:"What is the status of the settlement of that claim (creditor)?"
are all issues that can be dealt with more efficiently on a collective basis when working together through a Computing Centre.
Everyone's own computer system is expensive
To date, most insurers, advisers, insurance brokers and authorised agents have their own websites and systems, in which they provide information about their businesses and the products they carry.
Inefficient, costly and unsustainable
The maintenance of these systems and websites can be more efficient if there is a standardised approach and processing through an independent Computing Centre. And licensing costs can be kept low. These amount to 5 pro mille of the gross premium. And this is payable once, even if several parties benefit.