Description
Pension providers are faced with increased competition, downward pressure on fees, reduced investment income, increasing compliance requirements and a changing distribution landscape.
Premia™ Pension supports group pension, individual pension, provident fund, immediate/deferred annuities, define contribution/benefits and holds configurability for or similar products.
Premia™ Pension solution can keep abreast of these trends and address challenges will create opportunities to develop their business and broaden relationships with existing clients.
Supports all kinds of annuity/pension plans
End to end solution covering quotation , Conversion of policy, Withdrawal, addition/deletion of members , repayment and maturity.
Facility to define all applicable conditions for the product through front end.
Facility to setup annuity rates and can also configure Interim and Year-End rates for each year
Supports group pension policies
Support multi-channel distribution, B2B & B2C, end- to-end sales and service processing.
It’s open and modern Service Oriented Architecture.
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