LISSIA

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Overview

LISSIA Expert has been designed as a general purpose Financial Services Management and Administration System and fully developed for the Life Assurance and Pensions business.

It is particularly suited to the needs of the international market, with sophisticated multi-currency and multi-lingual capabilities. It has been highly developed for unit linked products, but also supports traditional life and bancassurance business.

LISSIA has a general-purpose structure reflecting the basic building blocks of the Financial Service industry - Products, Clients, Contracts, Distribution Channels, Funding; these are linked by payment, claims and pricing processes as well of course as normal accounting, security and auditing functions.

  • A modern Life and Pensions system for both Individual and Group business
  • Flexible, highly configurable, user controllable
  • Robust, complete, open and scalable for the business of today
  • Inherently flexible and sophisticated for the business of tomorrow
  • Provides core solutions to the Life Assurance and Pensions industry
  • Experienced staff with in-depth business knowledge
  • Additional services and long-term product support
  • Continuous innovation

Key Features

  • New Business
  • Policy Servicing
  • Nominal interface
  • Billing & Premium collection
  • Documentation
  • Unit processing
  • Claims
  • Commissions
  • Product Engine
  • Double entry ledgers

Key Benefits

Out of the box support for a broad set of life, annuity and health insurance products covering servicing, claims, new product creation and policy administration. A reputable customer base fully engaged in platform strategy and direction. Deep and broad functional capabilities in a flexible deployment module.