The software correctly allocates premiums to Kentucky municipalities, as well as
Florida Pension Trust Fund Districts. Allocator has recently been expanded to include
Alabama, Georgia, Louisiana, and South Carolina municipalities.
Once you have processed premiums, Allocator creates a file that can be imported
into other Premium Pro products. Municipal and Trust Fund district premiums may
be imported directly into Premium Pro Municipal and PC. Allocator is the perfect
companion software for Municipal!
Geographic Mapping Technology
Allocator uses geographic mapping technology to determine the location of each policyholder's
address. The physical location of each address is compared to the geographic boundaries
of all municipalities within the state to determine the correct taxing jurisdiction
of the policyholder.
Centralized Data Entry
Centralized data entry schedules for premiums, dividends, prepayments, adjustments
and other miscellaneous items.
Importing & Processing
Premiums are imported from a text file, eliminating the need
for data entry. Import
your address and premium payment information, and you are ready to process premiums.
Premium Pro Allocator produces several extensively detailed reports that summarize
the results of the allocation process. Allocator will rank the quality of each match,
and poor matches will appear in the Match Exceptions Report.
The software also features Map View, a utility which allows you to view a graphical
representation of your policyholder address information. This feature will show
you the exact location of each address in relation to the municipal boundaries of
Companies that report premiums on a divisional or product basis can utilize this
feature. Process your companies premiums using as many files as necessary. When
you are ready to allocate your address data, use the Append Files feature to combine
each file into one file to be processed.
Premium Pro provides advanced print options, allowing you to print only the data
that is needed. Allocator also features a Print Preview option, enabling you to
view the data before sending it to the printer. This feature will ensure that your
documents are printed correctly the first time, every time. No more wasted paper
or wasted time.