Premium Administration

Perhaps the administrative responsibility of greatest impact to you is premium administration. IR&AS recognizes that accurately-reported rates and the timely collection of premium are critical to the financial success of any insurance plan. Premiums must be correctly calculated and commissions properly paid. Variations in enrollment must be monitored for necessary rate action. Our administrative staff is highly trained and able to effectively apply your administration guidelines to premium collection. Premium reports are verified for accuracy and delinquency procedures are diligently followed. Premium information is then captured for report development, when needed.

Our contract management computer system allows us to capture the data you require in order to evaluate your book of business. This information can be made available to your management, risk takers, business partners and industry regulators, as necessary.