Source Data
The Source Data flows from the Policy Admin and Claim system.
The Policy Admin is a system that has records of all policies written by insurance companies. It performs and stores all the key elements for rating, quote generation, binding, issuing, reinsurance, endorsement, renewals, and so on.
The Claim System is a system that has records of all the claims and related details reported to an insurance company. It stores all the key elements of the claims such as, claim amount, lines of business, coverage details, reported claims, approved claims, declined claims, and so on.