Life PAS

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Overview

SymbioSys Life PAS is made up of components like SymbioSys Sales Tool App, SymbioSys New Business & Underwriting, SymbioSys Claim Management, SymbioSys Distribution Management System which covers all operations of an Insurance Company such as New business capture & eApp, Underwriting & Workflow, Claims Management, Agent Management (onboarding, Commission). This powerful and dynamic application can be rapidly adapted to any insurance business requirements.

Key Features

Some of the key features of SymbioSys Life PAS include:

  • Ability to proactively analyze risks with the right kind of business rules
  • An innovative product Configurator with user-friendly dynamic Set Up
  • Can be deployed in an Intranet/Internet environment

Key Benefits

  • High data accuracy and quality – the capture of data with all validations controlled by configurators
  • Reflexive questionnaire and requirements generation based on business rules
  • Reduced Time to Market for launch/ packaging of New Products
  • Intelligent workflow-driven processing for flexible adaptation, reduced time and cost
  • Seamlessly integrated auto underwriting for quick decision
  • Reduction in turnaround time (TAT) for proposal to policy conversion
  • Improvement in auto underwriting rate
  • Improvement in quality through consistent underwriting process
  • Reduction in New Business processing cost
  • Improved Distributor motivation and customer experience
  • Quick sales closure for standard cases
  • Increased operational efficiency due to the automation of routine tasks
  • Effective Insurance Claim Processing
  • Reduced movement of physical documents and communication cost
  • Significant Reduction in claims turnaround time (TAT)
  • Enhanced customer/partner service
  • Reduced Time to Market for launching new types of claims