Key features

Multiproduct definition
Ability to define life, non-life, white labeled, unit linked and loan linked products
Premium rule maintenance
Options to tweak premium rule maintenance basis parameters like age, income range etc.
End to end transaction processing
Comprehensive handling for Policy Initiation, renewals and policy Servicing transactions
Comprehensive commission processing
Calculate & reconcile premium level, policy & bank level commissions
Reconciliation capabilities
Facilitates transaction & commission reconciliation
Policy maintenance
Maintains policy updates & premium schedules from Insurer

Key Benefits

  • Single solution for all bancassurance operations

  • Prevents revenue leakage through commission reconciliation

  • Efficient customer servicing through up to date policy information

  • Effective sales management through product suitability checks for customers

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