|
Frequently Asked Questions: BestESP Services - United States
What is BestESP Services (patent pending)?
What components are available?
How is BestESP Services software different from that of other vendors?
What are some of the recent enhancements to BestESP Services?
There are multiple people involved in creating my company's financial statements. Can BestESP Services accommodate us?
In order to complete my financial statements, it's necessary to use a few different programs. Will this pose a problem?
Does A.M. Best offer Risk-Based Capital (RBC) software?
Is there a way to incorporate documents from external sources into my filings?
Is training available for BestESP Services?
What are BestESP Services' Internet capabilities?
How much does BestESP Services cost?
How can I order BestESP Services?
What is BestESP Services (patent pending)?
BestESP Services is A.M. Best's statement filing software package that helps to complete quarterly and annual financial statements complying with all filing requirements.
Back to Top
What components are available?
Choose from Property/Casualty, Life, Health, and Title Company Statements. Separate Accounts and New York Supplements are also available.
Back to Top
How is BestESP Services software different from that of other vendors?
First, A.M. Best has decades of experience in collecting and processing data. And, as a company that focuses on insurance information as a core element, we know the value of reliable, accurate data submissions and have a vested interest in that data. BestESP Services requires no additional software, like Adobe Acrobat, to prepare and submit your filings. Additionally, BestESP Services creates efficient files, making your PDF submissions more reliable. Finally, there's no need to manually organize your submission component files, with BestESP Services the process is entirely automated.
Back to Top
What are some of the recent enhancements to BestESP Services?
· The complete set-up for BestESP Services is available via the Internet in a downloadable version.
· We have implemented Schedule P Pooling calculations for the Property/Casualty statement.
· The Migration Wizard can be accessed from a button on the Logon Manager screen to incorporate prior year setup information into your current year configuration.
· The Relationship View of the Pages panel shows you the relationship of a page and any corresponding pages to simplify performing data entry in the correct page sequence.
Back to Top
There are multiple people involved in creating my company's financial statements. Can BestESP Services accommodate us?
Yes. BestESP Services offers multi-user capabilities so you can:
· Run a single copy of the system
· Share software and data across network workstations
· Work on the same statement simultaneously
· Access different companies without restrictions to pages or processes
Back to Top
In order to complete my financial statements, it's necessary to use a few different programs. Will this pose a problem?
No. BestESP Services is compatible with most investment, accounting and tax preparation software, making it easy to import data.
Back to Top
Does A.M. Best offer Risk-Based Capital (RBC) software?
Yes. We offer RBC software that works in conjunction with BestESP Services. Call (908) 439-2200, ext. 5339 for details.
Back to Top
Is there a way to incorporate documents from external sources into my filings?
You can:
· Combine file copies of documents with your statement by using third-party scanning hardware and software.
· Import files directly into your statement without having to copy and paste text and images from a word processor or text editor.
Available for the Notes, Custom Narrative and Ad Hoc pages, these scanned or imported files can be printed in BestESP Services in both hardcopy and PDF versions.
Back to Top
Is training available for BestESP Services?
Yes. A.M. Best offers training seminars that provide information on the software's features and capabilities as well as hands-on experience. We present complimentary training at our corporate headquarters in Oldwick, NJ and offer Webinars.
Back to Top
What are BestESP Services' Internet capabilities?
The complete setup for BestESP Services is available via the Internet in a downloadable version. You can enroll for online product support to receive e-mail notifications of software enhancements and the latest submission information. At the BestESP Support Center, you can download software updates, contact technical support and submit your filings to the NAIC and A.M. Best.
Back to Top
How much does BestESP Services cost?
For a pricing schedule, call (908) 439-2200, ext. 5339 or e-mail BestESP_Sales@ambest.com.
Back to Top
How can I order BestESP Services?
To order, call (908) 439-2200, ext. 5339 or e-mail BestESP_Sales@ambest.com.
Back to Top
|
