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Enterprise Software
- PREMIS INSURANCE ENTERPRISE
PREMIS: Enterprise
Insurance Management
PREMIS manages the end to end flow of Insurance
Business Documents within the organization. It’s
scope covers Quotation, Policy writing, Schedules, the
generation of relevant Financial Documents and other
processes. PREMIS can be implemented using Microsoft
SQL Server or Oracle on Intranet or Extranet
environment, using Web Based, multi tier architecture.
PREMIS
supports all major classes of business including:
Fire, General Accidents, Marine Cargo, Aviation, Oil &
Gas, Auto, Life and Medical Insurance. It also enables
creation of unlimited number of Insurance or Business
Classes by users.
PREMIS includes the following modules:
Underwriting
Claims
Accounts
Reporting.
General Features
Some of the general features of PREMIS include:
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Policy Register Maintenance (Policy No, Policy
Holder Name, Sum |
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Insured, Premium, Commission, etc) |
Claims Processing
Insurance Class Table & Rates Maintenance
Customer/Client Information Management
Track Payments and Payment History
Policy Information
New
Businesses
Renewals
Reinsurance
Print Statements
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Client Service Administration (Track
Courtesy/Premium Calls On |
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Customer/Client) |
Reports
Other Features:
Some of the other features of PREMIS include:
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Facilitates processing of Direct Business, Business
through Brokers |
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or Agents. |
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Creation of unlimited number of Insurance or
Business Classes. |
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Provision for textual information at policy level
for ready reference. |
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On-line document number or document reference
generation for |
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Policies, Endorsements and Claims. |
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Discounts can be applied on individual covers or at
the policy level. |
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Renewal processing of all policies can be done prior
to the expiry of |
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the policy to facilitate sending out of Renewal
Reminders to the |
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customers. |
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All Policies and Endorsement are issued with Time
Stamp along with |
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the Policy creation date and/or modification date,
creation user |
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and/or modification user. |
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Multi-currency functionality. |
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The system also allows to pre define rates for
discounts and |
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commission percentages for brokers. |
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Audit Trails for all major activities. |
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