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non life insurance internet

Comarch NonLife Insurance

The Comarch NonLife Insurance software supports the key areas of property & casualty insurance:

  • Product definition allows to quickly and independently extend the portfolio with new insurance products built from scratch or based on the existing ones
  • Product offering and sales support multi-channel registration and multi-channel processing of policy applications
  • Policy administration covers the whole insurance policy life cycle
  • Settlements comprise handling financial arrangements for the premiums, recording and importing the premium amounts, which includes mass payment reconciliation
  • Sales network management includes  registration and allocation of sales units in the hierarchy, definition of commission tariffs and incentive programs and can supervise the execution of these
  • Claims management covers recording damages and provides comprehensive support for claim adjustment
  • Workflow definition enables creation and modification of business processes and workgroups that take into account user permissions to perform various operations
  • Insurance  reserves support calculations of provision amounts for balance sheet valuation and reporting requirements
  • Information exchange with insurance market institutions provides the information required by law to all insurance entities involved, thanks to dedicated built-in mechanisms for data exchange
  • Reinsurance covers all the elements of reinsurance and related processes.
nonlife insurance software

Business and Operational Benefits

  • Easy management of a diversified insurance portfolio
  • Quick reaction to changes on the insurance market by adapting the offer to the latest trends
  • Reduction of IT costs and implementation time thanks to easy integration with other systems in the company.

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