TRACER Brochure

travelers.com The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183 This material is for informational purposes only. All statements herein are subject to the provisions, exclusions and conditions of the applicable policy. For an actual description of all coverages, terms and conditions, refer to the insurance policy. Coverages are subject to individual insureds meeting our underwriting qualifications and to state availability. © 2014 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. M-17049 Rev. 8-14 TRACER Travelers Claim Expense Recovery A billing tool used for Loss Sensitive Programs, TRACER is a mechanized method of collecting loss activity and certain expenses on a systematic basis. TRACER offers significant savings and cash management advantages over other billing arrangements: • Be secure; TRACER is SSAE16 compliant. A copy of the report is available upon request • Have the freedom to choose; Daily, Weekly, Semi-Monthly or Monthly billing options available • Reduce loss funding; Requirements are determined by the bill frequency and payment term selected: • Manage fees easier; Elect to include percentage based claim handling and tax charges with your payment • Go paperless; Eliminate the need for paper bills, reporting and checks all while reducing postage costs • Receive notification; Receive email notification on payment charges with supporting claim detail in Microsoft Excel or Adobe PDF • Get reports 24/7; Access additional reports via e-TRACER (free, easy to use web based tool) including monthly activity and claim level information WELCOME TO TRACER TRAVELERS LOSS SENSITIVE BILLING SOLUTION TRACER: Making payments work for you With several payment options available Tracer allows you to tailor your cash management program to meet your particular needs. • ACH (Automated Clearing House) Debit – We initiate the ACH transaction and withdraw money from your bank account . Both traditional and zero balance options are available. • ACH Credit – You initiate the ACH transaction and send the money to a specified Travelers bank account. • Wires – You initiate the wire transfer and send the money to a specified Travelers bank account. Please note all TRACER payments must be made on the settlement date indicated on the TRACER email notification. Contact us A dedicated service unit is available to assist you with any questions you may have regarding the TRACER program. All inquires will be responded to promptly. TRACER Unit Mike Blumetti, Receivable Director 866.339.7219 860.277.4255 [email protected] [email protected] Craig Smith, Service Manager 860.954.1730 [email protected] 24 Hr Payment Term 48 Hr Payment Term 72 Hr Payment Term Daily 2 3 4 Weekly 8 9 10 Semi-Monthly 14 15 16 Monthly 20 21 22

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Transcript of TRACER Brochure

travelers.com

The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183

This material is for informational purposes only. All statements herein are subject to the provisions, exclusions and conditions of the applicable policy. For an actual description of all coverages, terms and conditions, refer to the insurance policy. Coverages are subject to individual insureds meeting our underwriting qualifications and to state availability.

© 2014 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. M-17049 Rev. 8-14

TRACER Travelers Claim Expense Recovery

A billing tool used for Loss Sensitive Programs, TRACER is a mechanized method of collecting loss activity and certain expenses on a systematic basis.

TRACER offers significant savings and cash management advantages over other billing arrangements:

• Be secure; TRACER is SSAE16 compliant. A copy of the report is available upon request

• Have the freedom to choose; Daily, Weekly, Semi-Monthly or Monthly billing options available

• Reduce loss funding; Requirements are determined by the bill frequency and payment term selected:

• Manage fees easier; Elect to include percentage based claim handling and tax charges with your payment

• Go paperless; Eliminate the need for paper bills, reporting and checks all while reducing postage costs

• Receive notification; Receive email notification on payment charges with supporting claim detail in Microsoft Excel or Adobe PDF

• Get reports 24/7; Access additional reports via e-TRACER (free, easy to use web based tool) including monthly activity and claim level information

WELCOME TO TRACER TRAVELERS LOSS SENSITIVE BILLING SOLUTION

TRACER: Making payments work for you

With several payment options available Tracer allows you to tailor your cash management program to meet your particular needs.

• ACH (Automated Clearing House) Debit – We initiate the ACH transaction and withdraw money from your bank account . Both traditional and zero balance options are available.

• ACH Credit – You initiate the ACH transaction and send the money to a specified Travelers bank account.

• Wires – You initiate the wire transfer and send the money to a specified Travelers bank account.

Please note all TRACER payments must be made on the settlement date indicated on the TRACER email notification.

Contact usA dedicated service unit is available to assist you with any questions you may have regarding the TRACER program. All inquires will be responded to promptly.

TRACER Unit Mike Blumetti, Receivable Director866.339.7219 860.277.4255 [email protected] [email protected]

Craig Smith, Service Manager 860.954.1730 [email protected]

24 Hr Payment Term 48 Hr Payment Term 72 Hr Payment TermDaily 2 3 4Weekly 8 9 10Semi-Monthly 14 15 16Monthly 20 21 22