The central information system covers all operational (internal) processes of commercial life insurance companies. The solution supports the management of life insurance products, including investment and retirement products, insurance, and group life insurance. It is a product-oriented software solution covering every business area of insurance including risk assessment and actuator. Business process management, automation, and support for a paperless office are part of the system.
Managing insurance contracts, events, distribution channels and commissions
Active and passive reinsurance
Payment operations
Module of product creation and actuarial
Closing processes
Accounting and general ledger administration
Key Benefits
Ability to flexibly respond to market needs by developing new, modern, innovative insurance products without the need for a sophisticated solution provider due to the flexibility and configuration of the solution
Optimization of the operating costs of the insurance company due to the complexity of the solution
Continuous product development and updating is ongoing
High parameterization rate
Built-in workflow module for efficient business process management
Multi-currency, Multi-entity and Multi-language solution
