Policy
Administration
System

Simplify and automate insurance policy operations with our insurance software - Policy Administration System, enabling you to efficiently manage policies, optimize workflows and store policy data in a structured and easily accessible manner.

4 Modules Policy System That You Buy Together Or Separately

We offer our insurance software - Policy Administration System - as all-in-one solution or a solution with selected modules: Policy Processor, Policy Register, Policy Service Module and Payment Module separately. We can customize our solution for insurance to suit your specific needs and business goals, as well as to incorporate new functionalities. You can choose to configure for Life insurance or P&C insurance or both.

Policy Processor

Manage your policy processes in an efficient and ordered manner.

Seamless manage insurance policy processes

Our insurance software - Policy Processor - is designed to run all the policy tasks throughout the policy lifecycle.

Its policy processing architecture is transparent due to concept of events. Every action, operation, and change in policies is represented as an event, which has its own cause and effect chain. As a result, policy processes are structured and can be modified or extended. Policy processing, policy reversal and policy reprocessing are very intuitive.

Our insurance solution includes all standard policy processes, such as policy application, generation, endorsements, modifications, payments, and more. These can be customized to meet specific requirements, with new processes added with ease.

Our tool fosters automation. Users can easily configure which operations or processes will be run automatically.

Our Policy Processor generates log entries resulting from policy processing and sends them to the subledger.

Policy Register

Store all insurance policy information in one place.

Our Policy Register serves as a centralized repository that captures all application and policy data and important events that occur throughout the policy lifecycle, such as policy issuing, renewal, changes, approvals, payments, cancellations, terminations and agent changes.

The register reflects not only the current status, but also historical policy changes.

It is designed to be the only source of policy information, making it easier to manage policies.

Store all insurance policy data in one place

Policy Service Module

Administer your policies smoothly.

Our Policy Service Module is a user-friendly tool for insurance industry that allows your back-office staff to manage policies and perform all related operations directly in our Policy Administration System.

It enables users to create and graphically configure workflow processes that guide and support your operations team.

The module allows for task automation and customization, catering to diverse products, clients, and specific requirements.

Our Policy Service Module supports the definition of different roles and authorization levels to ensure not only security and compliance, but also workflow efficiency.

Payment Module

Pay your liabilities automatically.

Our Payment Module automatically collects and prepares all required data for payment.

It includes transaction management functions for viewing, controlling and authorizing payments both manually and automatically.

It can be easily integrated with banking and payment systems via API. It can also generate static files if needed.

Our solution can also generate a list of journal entries for subledger.

Additional modules that can be incorporated
into Policy Administration System:

Sales Distribution
Management Module

Manage insurance sales with centralized registration and management of distributors and their structure.

Insurance Product Configurator

Simplify and accelerate the deployment, modification, customization, and management of the insurance product offer.

Insurance Pricing Configurator

Streamline the pricing process by enabling efficient deployment, modification, calculatation, and management of prices.

Insurance Underwriting

Give users the ability to define, implement, automate, and centralize underwriting rules.

Benefits

Improved productivity

Increase operational efficiency by reducing manual insurance processes, automating tasks, and streamlining workflows.

Enhanced service delivery

Reduce insurance processing time and improve service quality by automating and customizing workflow planning.

Customization and user-friendliness

Benefit from configurable and intuitive insurance tools that can be easily tailored to user needs and specific requirements.

Easy integration with other systems

Ensure seamless data exchange, better process coordination, and system efficiency with easy integration with other systems and applications.

Centralization and data integrity

Provide a single centralized and structured source of policy data, making it easy to monitor and manage policies throughout their lifecycle.

Short time to market

Configure your insurance processes in all phases of operations quickly and efficiently, adapting them to changing circumstances.

Talk with Our Expert

Case Study

Janusz Januszkiewicz

Członek Zarządu

We’re the main provider of IT services to Generali’s Polish unit. We’ve been working with them since 2006, building dozens of modules, including the main systems that power their operations... Show more

Janusz Januszkiewicz

Członek Zarządu

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Policy AdministrationSystem