Benfield offers paperless documentation
Benfield can now provide all technical documentation (claim advice, claim settlement, premium credit closing and treaty balance), in a paperless, electronic format. The system enables invoices and closings to be delivered directly to customers after transactions are processed, according to Paul Smith, head of transaction processing at Benfield. Closings are attached to an email in the form of an electronic file which can be saved to a customer’s computer system.
Andrew MacDonald, operations director at Benfield says that the system is already successfully operating in the US and will now be available worldwide. He also said, “Pending the development ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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