Module supporting the whole operation of issuing individual and group policies. Parameterize your products comprehensively, setting their characteristics, coverage limits, clauses, actuarial charts, forms, commissioning terms, co-insurance and reinsurance agreements, amongst other essential particulars throughout a policy’s lifecycle.
Manages the whole process of analyzing the claim for risk coverage, notices, judicial proceedings, analysis expenses and fees, salvage recoveries, restitutions with controls of technical reserves (Provision for Outstanding Claims and Provision for Related Expenses) reached by users, and financial integrations for payments and book-keeping. It optimizes processes according to the SLA set by your insurance company.
Streamlines management of the risk-sharing process with reinsurance companies either proportionally or non-proportionally in automatic, facultative and allied (mixed) agreements. Through parameterizations and calculation rules, it manages the retentions of Financial and Life Risks. The module performs the full claim recovery process and account reporting, integrating into the financial and accounting systems. It also promotes automation in the reinsurance process, delivering greater efficiency with security.
Performs your insurance company’s whole financial management, integrating with credit cards and the leading banks in the Value-added Network. It also fully manages and reconciles Accounts Payable and Receivable related to operations such as commissions, claims, reinsurance, restitutions, administrative payments and taxes. Provides control of financial flows and streamlines processes safely and efficiently.
Integrates and helps your insurance company manage all journal entries created by operations.
Through parameterizations and mappings, allows to perform the accounting processing, extract the ledger and trial balance, as well as manual entries with user permission-level control, in integration with the FIP-SUSEP system, Annual Income Statements and assets and liabilities in balance sheets.
Ensures agility and security in the month-end closing process and in submitting information to SUSEP.