Value Added Services

i. Underwriting: Individual and group health and life
ii. Claims management domestic and international
iii. Portfolio management
iv. Pricing

i. Plan design
ii. Policy language, Benefit schedules
iii. Premium rates, Actuarial technical notes, Underwriting guidelines and Application forms
iv. Managed care company selection criteria
v. Reinsurance capacity

Review of health insurance policy language to ensure consistency, benchmarking with other regional policies, improvement initiatives.

Large claim review, second medical opinion and case management / re-pricing assistance.

Both in complex individual cases and large groups 

Access to the IRM Medical Underwriting Manual (MedUM) developed by MILLIMAN. This individual and group health underwriting tool is available to IRMs clients at a discounted cost. In addition, IRM provides training via Webinar as well as technical support.

Pricing for traditional and self-funded schemes, assisting in administration systems from an actuarial standpoint to produce relevant reports and reserve valuations.

Using database systems to analyze premium and claims distribution. It provides the patterns, trends and statistics to assist our clients to thoroughly understand their business and make much better business decisions now and in the future.

Secure FTP site, with detailed instructions and access passwords unique to your company, allows easy, secure electronic data transfer. Clients can upload and download large files such as backups, premium and claim reports.

Conference presented by experts from different parts of the world, delivering innovative ideas relevant to the insurance industry.

i. Facultative Group Life
ii. Self-funded Plans