NOBL™ is a new generation of agency management system that, unlike other systems, focuses exclusively on the management of trust account daily operations and premium financial solvency. NOBL leverages the benefits of new Insurance Trust Accounting™ system and unique Premium Management Outsourcing™ technology. NOBL offers users maximum workflow optimization and unprecedented increase of agency operating efficiency.

NOBL Service is similar to the payroll service: client agencies will provide source documents; Paulmar, the outsourcing partner, will manage premiums and return premiums from the time they are transacted until they are fully disbursed to legal owners. It is implemented with no disruption to the user’s ongoing operation.

The benefits to users include:

• Re-organization of P&C insurance agency to allocate resources exclusively for sales and service;
• Reduction of CSR’s workload by 25% or more (10 hours/week);
• Reduction of bookkeepers’ workload by 70% or more (30 hours/week);
• Increase of producer’s sales time by 12% or more (5 hours/week);
• Increase of agency profits by 20% or more;
• Agency growth by up to 25% with no additional payroll expenses;
• Guarantee of full compliance with Insurance Code fiduciary mandates;

NOBL Services do not compete with current agency management systems, such as AMS or Applied Systems applications*. Rather, NOBL will significantly enhance their performance so that the P&C independent agency system can become more productive and more efficient.

(*) AMS and Applied Systems are trademarks of AMS Services, Inc. and Applied Systems, Inc., respectively.

Paulmar offers three types of Trust Account Service™:

Paulmar also offers two continuing education Classes on insurance fiduciary duty and insurance trust account solvency management.

Last Updated: April 1, 2011