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Flexibility and Configurability
Almost all components of the Insurance Company Automation System are enhanced with configuration and customization tools. This enables to perform required modifications to the system components without necessity of source code updates. The huge portion of the system configurability can be attributed to Insurance Policy Management, Reinsurance Management and Financial Management components: the insurance policies are managed by different templates based on configurable dynamic insurance subjects; reinsurance activity is fulfilled through creating reinsurance schemes; and the accounting transactions are performed through specified accounting operations and entries.
Self-adaptability
To guarantee the system flexibility towards changes in the company strategies in relation to insurance terms and conditions which reflect differentiations in fees and costs calculation rules, the system enables a scripting language which is simple enough to help underwriters independently compose various types of cost calculation samples.
Objects Consolidation
With a pool of different objects (customers, partners, employees, agents, etc.) with their varied activity roles in the system components, it becomes necessary to consolidate those objects for having opportunity to track all roles and functions the person or organization has carried in the company. This is assured by the Customers Resource Management system which matches the objects of different components and specifies the similarity rates between them.
Full Multilanguage Support
The Insurance Company Automation System provides multilingual support for both content and interface, which makes it possible to work, as well as input and output data in a preferable language.
Access Roles
User access roles and privileges prevent unauthorized usage of system components and applicable functions. Each system user is granted with one or more access roles specifying ex-officio permissions for accessing system components and their sub-sections and privileges to appropriate actions.
Remote Access
The system can be accessed remotely by means of Internet/intranet connectivity in case of availability of appropriate access permissions. Security restrictions are applied to ensure system safety and data confidentiality while accessing the system remotely. The opportunity of remote access makes the overall operations and workflow of the company even more productive as the supervisors can control the completion of assigned tasks and the employees can ensure their completion while being out of office.
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