What is Trust Account Management (TA) Service?
Posted on19 Jan 2016
Comments0
Trust Account management is a critical function of the P&C agency overall management TA Service is insurance premium management service offered to... Read More
Is TA Service Similar to the Payroll Service?
Posted on19 Jan 2016
Comments0
TA Service is very similar to the ADP payroll service. Agencies provide source documents of policy transactions and endorsements, payments, audits, company... Read More
Are There Similarities Between a Direct-Bill Operation and TA Service?
Posted on19 Jan 2016
Comments0
TA Service is new to the P&C insurance brokerage industry. Although outsourcing is common practice in all industries, including P&C insurance, the... Read More
What is the TA Service Objective?
Posted on19 Jan 2016
Comments0
TA Service manages the financial solvency of premium and return premium funds as mandated by the Insurance Code. As custodians of premium... Read More
Why Is TA Service Focused on Solvency?
Posted on19 Jan 2016
Comments0
TA solvency is ability to remit premiums, net of commission, to insurance carriers and to refund return premiums to insureds or finance... Read More
Why Is TA Service Able to Manage Solvency Better than Current Management Systems?
Posted on19 Jan 2016
Comments0
TA Service uses a new accounting system specifically tailored for trust funds transactions. TA solvency is determined and reported using more than... Read More
Why Would an Agency Retain TA Service?
Posted on19 Jan 2016
Comments0
An agency would retain the TA Service primarily because TA operation is a non-core business. It just drains financial resources without giving... Read More
Would Both Large and Small Agencies Benefit from the TA Service?
Posted on19 Jan 2016
Comments0
The larger the agency, the higher its operational and financial benefits. Managing money has never been easy. Managing premium dollars is even... Read More
Does TA Service Compete with Current Agency Management Software Products?
Posted on19 Jan 2016
Comments0
TA Service does not compete with any of the current agency management products, such as AMS or Applied Systems. First, all these... Read More
Would TA Service Render Obsolete Current Management Systems?
Posted on19 Jan 2016
Comments0
TA Service does not replace systems like AMS or Applied Systems. NOBL Services’ objective is to enhance the management performance of these... Read More