FirstLife - Life Policy Administration System
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The Survey Summary provides a full download of the vendor profile, the solution profile and all survey response information uploaded by the vendor in connection with their VendorMatch directory listing. Note that the directory listing requires only check box responses where the RFX response is more comprehensive.
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This feature is upgradeable
For Users
You can activate this feature with a VendorMatch Premium subscription.
Please click here for more information on Premium services
For Vendors
Vendors can upgrade to VendorMatch PRO
Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a full download of the vendor profile, the solution profile and all survey response information uploaded by the vendor in connection with their VendorMatch directory listing. Note that the directory listing requires only check box responses where the RFX response is more comprehensive.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For Users
You can activate this feature with a VendorMatch Premium subscription.
Please click here for more information on Premium services
For Vendors
Vendors can upgrade to VendorMatch PRO
Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a full download of the vendor profile, the solution profile and all survey response information uploaded by the vendor in connection with their VendorMatch directory listing. Note that the directory listing requires only check box responses where the RFX response is more comprehensive.
To learn more about subscribing to our service options, please contact us here
Overview
FirstLife is a web-based policy administration system supporting the complete cycle of life insurance operations starting from point-of-sale right through to the general ledger. It is a client-centric solution providing organizations with required flexibility and scalability, coupled with very short time span for implementation and deployment. FirstLife is an integrated policy administration system for life insurers and fully developed on J2EE platform.
FirstLife is a single system for both traditional and unit linked plans. It supports all types of life insurance including - Pure term insurance, Endowments, Annuities, Pensions, Long-term care insurance, Health & disability insurance, Retirement and financial protection. It provides an efficient fund creation tool ensuring seamless flow of accurate data during fund switch transactions.
Key Features
Customer Centric approach provides a single client view across all transactions.
Flexible Rule Engine for defining of transaction-level rules across all components.
Flexible Product Configurator allows businesses to set up simple to complex products very quickly.
Fully Integrated Application across all business processes starting from UW to General Ledger.
Support multiple distribution channels like agents and brokers.
Comprehensive Agency Management tool.
Capacity to generate Quote & Benefit Illustration at field offices.
Multilingual capability and multi-currency support.
Powerful communication features which enhance effective customer communication.
Accessible at point of sale or partner sites.
Ease of integration with partner systems.
Straight through automated operations which enhance productivity.
Simple to personalize screens to suit business processes.
Fully web-based for better customer servicing.
Real-time information available for business analysis and reporting.
Easy accounting - handling of high volumes, strong credit control, conformance to International Accounting Standards, full multi-currency handling, flexible settlement options, cash deposit management, online bank reconciliation, etc.