Insurance Core Systems
Composite Insurance
The central information system covers all operational (internal) processes of commercial insurers for all life and non-life insurance industries. The solution supports the management of life and non-life insurance products, including group life and fleet non-life insurance. It is a product-oriented software solution covering every business area of insurance, including actuarial and active and passive reinsurance. Business process management, automation, and paperless office support are part of the solution.
About Asseco insurance solutions also at:
starins.asseco.com
Key Functionality
| Generate bids | |
| Generate and register insurance claims | |
| The process of underwriting (risk assessment) | |
| 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 | |
| Integrated DMS |