The Odyssey Management System is a software suite designed for managing general agencies, surplus lines brokers, and P&C insurance carriers. It includes key components for invoicing, premium accounting, policy administration, claims handling, and experience reporting. The system allows users to clear risks, quote and bind policies, issue policies and invoices, track premium payments and accounting, manage claims, and maintain business directories and control files. Implementation typically takes less than 60 days.

1. Odyssey Management System
• Designed for the Managing General Agency and Surplus Lines Broker.
• Customized version for the P&C Insurance Carrier.
• Key components provide for Invoicing/Statistical Entry, Premium
Accounting, General Ledger, Policy Administration, Claims, Experience
Reporting.

2. Submission Clearance Entry
• Risks are cleared by Insured Name, DBA, Name, and Street Address.

3. Quotation and Binding
• First screen of the quote process.
• Based on the line of business selected, multiple screens are presented to
capture all of information necessary for quoting.
• Entered information is carried forward for Binding and Policy Issuance.

4. Policy Issuance
• First screen of the policy issuance process.
• Based on the line of business selected, multiple screens are presented to
capture all of information necessary for printing the policy.
• Information is carried forward from the Binding process.
• An invoice and statistical entries are generated automatically.

5. Invoicing
• Invoice entry screen
• An invoice will be generated automatically from the Binding or the
Policy Issuance process.
• Invoices may be manually entered.

6. Premium Accounting
• First screen of the Premium Accounting process.
• Supports Agency Receivables, Company Payables, State Taxes,
and Stamping Fees.
• Allows for easy application of agent checks.
• Generates return premium checks to agents.

7. Direct Billing

8. General Ledger
• System integrated summary General Ledger.
• Supports automatic posting for Cash Receipts, Cash
Disbursements, and Journal Entries.
• Support for issuing operating checks.

9. Premium Statistical

10. Claims Tracking
• Simplified claims tracking primarily designed for Lloyd’s contract
support. For full claims processing, refer to the full feature
Odyssey Claims System.
• Supports loss and expense payments, loss and expense reserving
with automatic takedowns, and salvage and subrogation.

11. Integrated Diary
• First screen of the diary process.
• Supports diary entries from any process in the system.
• Allows for system flags to be setup on a field by field basis
throughout the system.
• Provides support for system generated letters and the
appropriate tracking.

12. Business Directory and
Control Files
• First screen of the Business Directory depicting Agent/
Producer Maintenance.
• Full sub-system that controls system editing; such as
Company/State/Control table, all entities that a client does
business with, policy numbers, etc.

13. Specifications
• All systems operate on Windows Server 2003 or greater.
• Client workstations require Windows XP or greater.
• HP compatible printers are required.

14. Availability
• All products are currently available.
• Normal delivery dates are within 60 days for “off the shelf” products.
• For a complete system demo, contact ITC.