ICE Policy

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Solution Profile

Overview

ICE Policy is a modern end to end policy management solution that supports the policy life cycle from quote and buy, to mid-term adjustments and cancellations, reinstatements and renewals, allowing you to underwrite risk and manage policies your way. Designed to support any line of business within a modern and responsive framework with a highly intuitive UI.

ICE Policy has been awarded the XCelent Technology 2021 Award for leading Advanced Technology in Celent’s latest Policy Systems Vendors: EMEA P&C Insurance 2021 report.

ICE Policy is one of the winners of the Technology Award, recognising ICE Policy as one of the top Technology Policy solutions out of 41 vendors from across EMEA.

ICE Policy is a cloud native, component based application that can be deployed in the ICE Cloud or on-premise, using state of the art container management solutions.

Key Features

End to end policy management

Follow a policy through its complete lifecycle from quote to issue to renewal to claim administration

Multi-language/multi-currency

ICE solutions support interactive multi-language and multi-currency configurations

Robust product building capabilities

Multiple scheme and product configurations enable new schemes/products to be effective in hours rather than months, and accelerates their speed to market

Multi-channel distribution

Delivers user configurations for various set ups including insurer direct, broker sold, TPA and service provider

Integrated rating

Flexible rating using any external rating engine, or our own rating engine which provides the tools to make rate changes effective quickly, improving underwriting accuracy

Integrated billing

A full accounting ledger solution featuring payment and receipt management, policy & agency billing and full bordereau reconciliation, fully automating the billing lifecycle