Created with a great passion for IT and many years of experience, allows the insurer to optimize and grow all aspects of life insurance.
Comarch Life Insurance software handles all areas of individual and group life insurance. Thanks to its modular structure and unique flexibility, the system can be tailored to an individual customer’s needs and requirements, including the individual life cycle of business processes and the specific nature of a particular insurance company.
Owing to its flexibility and parametrization abilities, the product definition module allows for:
This approach significantly reduces the time needed to implement a new product in Comarch Life Insurance system by the insurer without the system provider support.
The Fund Management module is responsible for handling various fund type operations i.e. internal/external, open/closed, dedicated and structured. Most of the processes are automated e.g. generating orders and operations, handling corrections. The module's options are, among others:
Comarch Life Insurance handles all processes related to new business and policy administration of life insurance products manually or automatically:
The finance & accounting module is a possible extension of the Comarch Life Insurance system, supporting:
Comarch Life Insurance solution allows for an efficient management of all areas of insurance business, including defining products, offer presentation, underwriting, policy operations,processing of claims, fund management, settlements, reserve calculation and reporting. The life insurance software, offered by Comarch, supports both life & pensions business line as well as local, cross-border and pan-European products for mobile and expatriate employees.
Comarch Life Insurance is perceived as a platform which can handle any type of protection insurance products with possible extension to health insurance. In terms of pension insurance, our solution supports both defined benefit and defined contribution products. Additionally, different type of investment vehicles can be supported: traditional, unit-linked, or dedicated ones. All these products can be handled under one group insurance contract.
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