Question
a document flowchart for Victoria Insurance Company based on the following descriptions (use software or online tools, see pg 15) Victoria Insurance Company begins processing
a document flowchart for Victoria Insurance Company based on the following descriptions (use software or online tools, see pg 15)
Victoria Insurance Company begins processing casualty claims when the claims department receives notice of loss from a claimant. The claims department prepares and sends the claimant four copies of a proof-of-loss form on which the claimant must detail the cause, amount, and other aspects of the loss. The claims department also initiates a record of claim, which is sent with the notice of loss to the data processing department, where it is filed by claim number.
The claimant must fill out the proof-of-loss forms with an adjuster's assistance. The adjuster must concur with the claimant on the estimated amount of loss. The adjustor files his copy numerically. The adjustor sends the first two copies to the claims department. Separately, the adjuster submits a report to the claims department, confirming the estimates on the claimant's proof-of-loss form.
The claims department authorizes a payment to the claimant, forwards a copy of the proof-loss form to data processing, and files the original proof-of-loss form and the adjuster's report alphabetically. The data processing department prepares payments checks and mails them to the customers, files the proof-of-loss form with the claim record, and prepares a list of cash disbursements, which it transmits to the accounting department, where it is reviewed
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