News
Options for Vehicle ID Cards
September 17, 2024 Media, PA
Software Releases
Quadra® release 9.8.3 includes some new capabilities for customizing vehicle ID cards for compliance and greater convenience. For our clients in the alternative risk market, who often have hundreds of vehicles to manage insurance for, Quadra’s ID card generation system expedites the process for creating, generating, and sending proof of insurance.
With this latest release, it is now possible to define multiple ID Card settings for a state. Users can also link a master policy to any of the card templates. These features are helpful for clients who have more than one active auto policy available and add more flexibility to the ID card generation process.
The vehicle ID card setting feature is one component of Quadra’s larger system for managing insurance documents. The Property & Liability, Master Policies, and Certificates modules, along with additional settings compile coverage, holder, and carrier information for simplified certificate and ID card creation. Policies can be built from ACORD 25, 28, and 30 form templates to ensure standardization of coverage information needed by certificate holders. Additionally, notifications can be sent automatically when a certificate has been issued or when an upcoming expiration date is approaching.
Insurance documents are a key part of business partnerships as they provide transparency and proof that financial resources are available to cover potential claims and liabilities. Their role in risk management supports organizations with significant exposures such as those in the alternative risk market. For details on how Quadra can support your organization’s risk management program, please contact us!
About Quadra®
Quadra® is a SaaS solution used to manage over $40.1B in exposures across 11,700+ accounts. This one-of-a-kind solution can accommodate all types of insurance exposures and includes over 130 categories including vehicles, real estate, structures, payroll, and pension plans. The allocation feature is unique in the alternative risk market for determining the true cost of risk. Advanced reporting capabilities provide risk managers and CFOs with an exceptional tool for finding insights that control losses and improve the bottom line. Read more about how Quadra supports organizations with high risk retention.Subscribe to our newsletter
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