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Policy Administration Solutions, Inc.

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United States
New York, NY
Policy Administration Solutions, Inc.

Policy Administration Solutions is your insurance and technology expert. Each product can be configured to run your business end to end.

Designed for today's challenging insurance marketplace, our automation solutions can streamline your business processes and give you a competitive advantage. Founded in 1996, Policy Administration Solutions specializes in state-of-the-art automation solutions for insurance carriers, sureties and large Managing General Agents (MGAs). Our mission is simple: to provide the technology your organizatio

n needs to achieve its goals more efficiently and cost-effectively. PAS core software products are designed to meet the precise needs of the Property and Casualty Insurance industry. At PAS, we pride ourselves on our culture of honesty and integrity. Our extensive technology and business experience in the insurance industry makes us unique. Working collaboratively, our team of skilled specialists applies solid planning and superior ex*****on to every automation project.

01/16/2025

🎯 At PAS, our mission is simple: to provide the technology your organization needs to achieve its goals more efficiently and cost-effectively.

What’s your biggest challenge in insurance operations right now? Let us know, and let’s explore how technology can help!

12/26/2024

✨ Happy and Bright Hanukkah from Policy Administration Solutions! ✨

Just like the stars that form the radiant menorah in our Hanukkah greeting, each of our clients and team members shines brightly, contributing to our collective success.

May the spirit of Hanukkah inspire us all to bring more light into the world, both in our personal lives and our professional endeavors.

Wishing you and your loved ones a joyous Hanukkah filled with peace, health, and prosperity!

12/24/2024

🎄 Seasons Greetings from Policy Administration Solutions! 🎄

As we wrap up another year, we want to extend our warmest wishes to our valued clients and dedicated team members. We're grateful for the trust our clients place in us and the tireless efforts of our employees.

As we look forward to 2025, we're excited about the opportunities to continue growing, innovating, and excelling together. May the coming year bring you and your loved ones joy, good health, and prosperity.
Here's to a Happy and Healthy New Year filled with achievement and operational excellence!

12/20/2024

🚀 Exciting news! We’re revolutionizing the insurance industry with AI-powered automation. Our suite of products - pasCarrier.Net, pasClaims.Net, pasBilling.Net, and pasExecutive.Net - streamlines operations for insurance carriers, sureties, and MGAs.

Want to boost efficiency, reduce costs, and enhance customer satisfaction? Let’s chat! https://lnkd.in/gUDTtew

12/11/2024

🔍 Today's Spotlight is on pasBilling.Net: Our cutting-edge billing system is designed specifically for insurance carriers.

• Flexible billing schedules
• Multiple payment options
• Automated dunning process

How could this transform your billing operations? Let’s discuss!
Click here to schedule a consultation: https://lnkd.in/dTqWTwZ

11/28/2024

🍂 On behalf of Policy Administration Solutions, we extend our sincere gratitude and warm wishes for a Happy Thanksgiving. 🦃

As we gather around tables filled with warmth and gratitude, we're reminded of the incredible journey we've shared with our clients, partners, and team members.

We believe that gratitude is the foundation of great service. Today, we renew our commitment to excellence in policy administration.

From our PAS family to yours, have a wonderful Thanksgiving!

What are you most grateful for in your professional life? Share below! 👇

11/11/2024

Happy Veteran's Day! 🎖️

Today, we at Policy Administration Solutions salute the brave men and women who have served our nation. Your sacrifice, dedication, and courage inspire us all. 🙏

To all veterans: Thank you for your service. We honor you today and every day. 🫡

10/11/2024

🕯️ As Yom Kippur 2024 approaches, we at Policy Administration Solutions pause to reflect on the importance of forgiveness, renewal, and personal growth. 🙏

On this Day of Atonement, we wish our Jewish colleagues, clients, and friends an easy fast and a meaningful observance. May this time of introspection bring peace and clarity to all. 🕊️

09/24/2024

Discover how Policy Administration Solutions is revolutionizing the insurance industry with AI-powered automation. Our suite of products - pasCarrier.Net, pasClaims.Net, pasBilling.Net, and pasExecutive.Net - streamlines operations for insurance carriers, sureties, and MGAs.

Introducing Policy Administration Solutions:
Where AI meets insurance efficiency

Watch the entertaining video below to learn how to boost efficiency, reduce costs, and enhance customer satisfaction. Visit www.pasolutions.com for more information.

09/11/2024

Today, we stand together in solidarity, reflecting on our shared strength and the enduring spirit that defines us as a nation. Let us use this day to recommit ourselves to building a future of peace, understanding, and mutual respect. 🙏🕊️

08/09/2024

🚨 The CrowdStrike-Microsoft Incident: A Wake-Up Call for Cyber Insurance

🚨As a leading provider of insurance software solutions, Policy Administration Solutions is closely monitoring the fallout from the recent CrowdStrike-Microsoft outage. 💻🔥 This unprecedented event has sent shockwaves through the cybersecurity and insurance industries, highlighting critical vulnerabilities and the far-reaching impact of single points of failure.

Key takeaways for the insurance sector:
1️⃣ Liability Landscape: The incident raises complex questions about liability. With Delta Air Lines seeking $500 million in damages, we're witnessing a potential shift in how liability is determined in tech-related outages. ⚖️💼
2️⃣ Policy Implications: This event will likely trigger claims across multiple insurance lines, including business interruption, contingent business interruption, network restoration, and even D&O coverage. 📊📝
3️⃣ Cyber Insurance Evolution: The estimated $5.4 billion in losses for Fortune 500 companies underscores the need for more comprehensive cyber insurance solutions. Current policies may only cover 10-20% of these losses. 💰🛡️
4️⃣ Risk Assessment: Insurers must reevaluate how they assess and price cyber risks, considering the cascading effects of outages in interconnected systems. 🔍📈
5️⃣ Regulatory Impact: With new SEC rules requiring prompt disclosure of material cybersecurity incidents, insurers need to help clients navigate these reporting obligations. 📢🏛️

As we move forward, it's clear that the insurance industry must adapt. At Policy Administration Solutions, we're committed to developing innovative software solutions that help insurers and businesses better understand, quantify, and mitigate cyber risks in this evolving landscape. 🚀💡

The CrowdStrike-Microsoft incident isn't just a wake-up call—it's a catalyst for change in how we approach cyber insurance. Are you prepared for the next global cyber event? 🌐🛠️

📣 Don't wait for the next cyber crisis to hit! Schedule a free consultation with our experts today to assess your cyber insurance needs and explore our cutting-edge solutions. Click the link in our bio to book your appointment now! https://www.pasolutions.com/contact👆

Click here to read more from this insightful article from a cybersecurity expert: https://lnkd.in/eGftEv6w

https://www.govtech.com/blogs/lohrmann-on-cybersecurity/legal-financial-and-insurance-implications-of-the-crowdstrike-microsoft-incident

07/24/2024

Policy Administration Solutions is excited to announce major enhancements to our flagship insurance carrier software, pasCarrier.Net, specifically boosting our offerings in the highly regulated areas of Contract Surety and Workers Compensation.

Click here to read the full article: https://www.linkedin.com/pulse/policy-administration-solutions-enhances-contract-peter-pantelides-1ynje/?trackingId=cknkfTKyQ2GQtfZ6RQk7Ng%3D%3D

07/04/2024

Wishing a joyous and safe Fourth of July to all our valued clients and dedicated employees at Policy Administration Solutions! 🎆🎆

🇺🇸 May the day be filled with celebration and reflection on the freedoms we cherish. 🎉

07/02/2024

🌟 Transform Your Reinsurance Operations with pasRE.Net! 🌟

🚀 Are you ready to revolutionize your reinsurance management? Introducing pasRE.Net by Policy Administration Solutions Inc. – your end-to-end reinsurance automation solution!

🔍 Why Choose pasRE.Net?

Complete Integration: Seamlessly integrates with your current system or as part of a complete insurance solution.

Real-Time Data: Provides real-time data for increased efficiency and flexibility.

Comprehensive Management: Manages reinsurers, brokers, treaties, premiums, losses, and more!

Automated Notifications: Alerts you when reserve changes approach layer limits.

Versatile Contract Management: Handles all types of contracts including facultative, treaty, quota share, surplus, excess, and more.

👨‍💼 Key Features Include:

Reinsurer and Broker Management

Treaty Management

Reinsurance Program Definition

Premium and Loss Analysis

Reporting

Application of Cash

Schedule F Generation

📈 Boost Efficiency: No more manual data transfers! All integrations are in real-time, keeping you updated with every change as it happens.

🔗 Discover more about how pasRE.Net can transform your reinsurance operations. Visit our website today!

👉 Find Out More: https://www.pasolutions.com/pasrenet

📧 [email protected]

06/11/2024

Policy Administration Solutions is excited to announce groundbreaking enhancements and a major upgrade to pasCarrier.Net: A Game-Changer for Workers Compensation!

These updates are designed to specifically bolster the Worker's Compensation line of business, a sector known for its complexity, stringent regulations, and specialized needs ⚙️.

What's New? Our latest enhancements introduce a suite of powerful features to comprehensively manage Worker's Compensation, including Integration with NCCI and Independent States: Ensuring compliance and up-to-date practices across jurisdictions ️. Comprehensive Coverage Options: Including Worker's Compensation and Volunteer Firefighter Benefits Law (VFBL), with seamless linking capabilities in determining the premium discount. Full Policy Lifecycle Management: From Submission, Quote, Policy, Rating & Issuance to Audits, ensuring a smooth operation ✅. Advanced Reporting: WCPOLS, WCSTAT, Proof of Coverage, First notice of injury, and subsequent notice of injury

Why pasCarrier.Net? In the challenging world of Workers' Compensation, having a tool that not only navigates but excels in managing the intricacies of this line is invaluable. pasCarrier.Net is designed to streamline processes ⏩, ensure regulatory compliance ☑️, and enhance operational efficiency, making it an indispensable asset for insurers.

With these enhancements, pasCarrier.Net sets a new standard for managing Worker's Compensation, offering unparalleled support for insurers to navigate the complexities of this specialized field.

Stay ahead in the highly regulated and specialized field of Workers' Compensation with pasCarrier.Net. For more information on how these enhancements can transform your operations, visit our website: https://lnkd.in/gaUXZ449

05/24/2024

🌟 Happy Memorial Day from Policy Administration Solutions! 🌟

As we enjoy this beautiful day, let's take a moment to remember and honor the brave souls who have served and sacrificed for our freedom.

Their courage and dedication continue to inspire us every day. Today, we reflect on their immense contributions and express our deepest gratitude. 🌹 Stay safe, and enjoy the day with your loved ones! 💙

Address

New York, NY
10010

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.pasolutions.com/

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Videos

Discover how Policy Administration Solutions is revolutionizing the insurance industry with AI-powered automation. Our suite of products - pasCarrier.Net, pasClaims.Net, pasBilling.Net, and pasExecutive.Net - streamlines operations for insurance carriers, sureties, and MGAs. Introducing Policy Administration Solutions: Where AI meets insurance efficiency Watch the entertaining video below to learn how to boost efficiency, reduce costs, and enhance customer satisfaction. Visit www.pasolutions.com for more information. #InsuranceTech #PolicyAdministration #AIinInsurance