Cargo Insurance Certificates

Genoa’s Certificate Management module improves the speed, security and efficiency of certification generation and issuance while enhancing customer service and satisfaction levels. The system’s powerful automation and security controls eliminate errors, prevent fraud and simplify certicate tracking. The ease of implementation universal accessibility of the system promotes rapid ROI.

The system ensures that all certificates are issued in accordance with the policy terms and conditions and provides risk managers with real-time access to granular data on which shipments are being insured and by whom.

As an additional option, Genoa can calculate premiums based on policy rates or, in the case of a flat premium policy, based on internal rates for allocation purposes.

Highlights

• Genoa includes a variety of customizable certificate templates in multiple languages generated as PDF documents.
• Genoa provides access to industry databases of over 100,000 seagoing vessels to assist the user in selecting their vessel and carrier information.
• Genoa calculates basic marine premiums, war premiums, steamer additionals, application taxes and other charges.
• Licensed users can design and build their own custom reports with built-in shipment analysis reports and a link to the Cognos Business Intelligence reporting system.

Functionality Includes

• Automatic rating eliminates errors and saves certificate preparation and premium calculation time.
• Generates and tracks the issuance of all types of marine insurance certificates with duplicate printing controls.
• Provides 3rd party certificate verification.
• View policy information and other documentation online.
• Ensures compliance to policy limits and conditions including government regulatory bodies.
• Cross-references to the US OFAC list, FBI Most-Wanted and Interpol ensuring certificates are not issued to restricted parties.
• Automated referral workflow and escalation process for out-of-coverage shipments.
• Generates reports on premium and loss.
• Template functionality simplifies certificate generation for repetitive shipments.
• Quote Request functionality streamlines the processing of quotes for special case shipments.
• Multilingual issuance in multiple formats with built-in flexibility for Letters of Credit.
• Print draft and read-only PDF format.

Please contact us to find out more about our solution for cargo insurance certificate generation and issuance.