Description
Developed on the latest Oracle platform, PREMIA Life is an award-winning, end-to-end solution that enables life insurance companies to stay ahead in a rapidly changing business environment. With a powerful suite of inbuilt tools for all insurance operations from underwriting and claims processing to financial accounting, this dynamic bi-lingual and multi-currency solution dramatically cuts costs and time-to-market with innovative process automation, delivering long-term benefits.
Proposal-to-policy conversions
Integrated new business, policy administration, claims, and finance modules
Financial underwriting
Medical underwriting
Batch underwriting
Agency management
Auto RI allocations
Auto financial accounting
Image and document uploads
Key Differentiators
Flexible and dynamic components and tools that can be easily adapted to any business requirement
Integrated risk-analysis tools
Innovative product configurator with tariff and formula components to set up complex premium ratings
Deployable in both Internet and intranet environments
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