1.Single core system for all Lines of Life business (Traditional Life, Mortgage, Annuities, Unit Linked, Universal Life variations, Group Life, Group Saving, Group Pensions, Medical for retail and group ).
2.Comes with Product configuration and Product management options (Cloning, Copy products). Many variation products can be launched to suit consumer needs.
3. Covers entire value chain of the Policy lifecycle, New business, Underwriting, Servicing, Claims, Billing, Collections, fund management, Payments, Reconciliations.
4.Complete integrated Reinsurance support for Proportional treaties. Integrated across the Policy life (New business, Alterations, Claims)
5.It comes with Integrated Distribution management system and commissions. It has multi-channel support with multi-tier hierarchy. Automated KPI tracking, Persistency calculations, Bonuses, Recruitment benefits, Allowances, among many other.
6.Integrated Finance function, which supports configuration of multi-funds, and supporting inter-fund accounting. So, the whole of Collections, Payments, Accounting are automated.
7.Ready digital platform and services with straight through processing (Customers, Agents, Banks).
8.Ready integration with General ledger finance system on same platform (Optional)
9.Ready integration with a document management system (Optional)
10. Provision to implement for Takaful Model (Mudharabah, Wakala or Hybrids) with required fund management and accounting.
