Life PAS

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.

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

• 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