Overview
Cleva Life software, built on state-of-the-art technologies and following the best insurance practices, allows insurers to offer differentiated products and services, without being limited by technological factors.
The software’s flexibility and versatility lend agility to the insurance business, with new products being created and launched on the basis of a configuration that fits the company’s needs, without requiring specific developments.
This software allows launching new insurance products in weeks, not months.
Key Features
A core solution with broad functional coverage for the integrated management of all lines of business:
- Policy Administration
- Reinsurance Management
- Billing & Collection
- Underwriting Management
- Claims Management
- Party Management
- Funds Management
- Technical Accounting
The solution is based on advanced configurations tools, Cleva Product Factory and provide flexible integration with Cleva Integration Hub.
Key Benefits
- Unified view of the entity
- Aggregate risk management
- Total integration of business concepts:
- quotation and policy
- policy and reinsurance
- policy and claims
-
Configurability:
- Claims rules and processes
- Business concepts and rules
- Mathematical reserves updated daily
-
Automation:
- underwriting based in actuary defined rules
- funds management: units purchase and sale
- portfolio transferes between agents
- Complete log audit to policy changes
