Finding the right billing solution will transform your business from the inside out. Mastek's STG Billing is a proven solution that helps general insurance carriers retain customers and increase profitability while better serving their customers through a flexible enterprise billing platform that provides rapid, measurable results.

• Flexible user-defined payment plans with optional service charge and finance charge billing
• Wide range of Billing Options
  
  
  • Account or Policy Billing
  • Third Party (Agency) Billing
  • List/Group Billing

• Third party Notification

• Cancellation and reinstatement notices based upon carrier preference and state requirements

• User friendly On-Line inquiry capabilities (Point and Click)

• Receivables management system with automated interfaces
  
  
  • General Ledger/Accounting System
  • Statutory Reporting
  • Data Warehouse/Analytics

• Extended System for Agency based Insurance Companies
  
  
  • Agency Commission processing, reporting and settlement
  • Support for account current and statement billing
  • Support for wholesale billing

• Integrated statement printing option

• Integrated lockbox, EFT and credit card payment processing option

• Integrated Interface to Accounts Payable system

• Flexible stand alone billing system with SOA

• XML Interface for outputs

• It helps you retain customers through timely, accurate billing that provides the right information every time.
• It increases visibility and generates best-practice reports for trend analysis and market refocusing.
• It can combine multiple lines so customers receive one bill regardless of how many lines.
• It helps you up-sell or cross-sell new products, keep your customers informed about changes and encourage them to ask questions to you or your agents.
• It helps personalise interactions with customers and increase the perception of value they get from their insurance carrier.