GENERAL BUSINESS
This is the core non-life insurance application which addresses the insurance business from the proposal to the reinsurance stage.
Comprehensive Underwriting
- All classes of business, customizable for additional classes, fleet management
- System-generated reference numbers
- Proposals, quotations, policy documents
- Renewal notices, pre-lists, lapses
- Motor certificate management Banc Assurance
Claims Management
- Automated claims processes complete with validation checks
- Online approval process, standardized letters
- Capture and storage of external documents/images
- Claims history maintenance, computation of loss experience and ratios.
- Claim status maintenance and tracking inclusive of legal files, salvage maintenance, and online alerts on breaching pre-defined conditions.
Reinsurance
- Online reinsurance underwriting during the core underwriting process of setting up relevant treaties
- Proportional and non-proportional treaties
- Quota share accounts
Accounts receivable management
- Payment allocation
- Ageing and history
- Statements
Intermediary Commission Management
- Computation and payment