The Insurance Life &
Annuity Policy Administration System is a full-featured, dynamically
driven application that provides a centralized system for managing,
administering, and maximizing service for their current clients,
as well as, prospect and sell to potential clients.
Additionally, our offering supports multiple
financial transactions including premium payments, earnings,
interest, expenses/fees, loans, withdrawals, transfers, and
miscellaneous adjustments.
| System Features |
Benefits |
| Intuitive user-friendly browser-based interface
provides secure access to information |
Extended real-time accessibility for users |
| Centralized Server Architecture |
Eliminates the additional costs and overhead
expenses associated with software distribution and provides for high system availability |
| Policy Entry Wizard and Investment Entry Wizard |
Simplified policy/investment setup for new business and
pre-existing policies |
| Policy Snapshot Utility |
Provides current information in an easy to
read summary form |
| Ability to view and administer
policy information including policy entities, premium schedule, investments,
statements, notes, expenses/fees, and financial transactions |
Immediate access to all policy information |
| Policy overview |
Complete, customizable
top-level view of policy highlights |
| System-generated notes |
Provide policy history over time without any user interaction |
| Supports multiple financial
transactions including premium payments, earnings, interest, expenses/fees,
loans, withdrawals, transfers, and miscellaneous adjustments |
Customized tasks to ensure all aspects of
financial activity are easily viewed and updated when necessary |
| Automated fee generation based on your business rules, both
at a financial transaction level and statement generation |
Consistent, accurate information is always delivered to your clients |
| Transaction and statement reversal functions |
Eliminates data integrity errors with full
reporting of transaction history |
| Fee management with real-time updates |
Up-to-date information readily available at all times |
| Running diary to track fee detail and history
from automated generation to collection |
Complete fee history |
| Statement tools including:
a preview/setup function (to proof statements before posting); one-click
statement generation; a create statement; policy-driven view/reprint tool |
Dynamically driven, fully automated statements
which can be customized by policy |
| Batch statement generation and reprint functions |
Significant time savings in generating multiple
statements over multiple policies |
| Historical Statement Utility for entering established/
existing statements, including pre-system entry |
Easy-to-follow, step-by-step instructions to reduce error rate |
| Easily integrates with electronic applications, including
e-Forms, as well as legacy underwriting system |
Streamlines the new business process and eliminates
duplicate effort where applicable |
| Interactive Help Desk System |
Provides inexperienced users assistance with system operation |
| System-wide, comprehensive search tool |
Quick and simple access to data |
| Customizable Reporting Module including Compliance,
Financial Reporting, and Fee Tracking |
Reports generated quickly that include a wide
variety of filtered views |
|
For a Live demonstraton of the
Insurance Policy Administration System please contact a sales representative at 1-800-837-2187
or email: info@iss-maps.com
Technical Highlights
Built on core Microsoft technologies including Windows NT/2000 Server, Internet Information Server (IIS), Active Server Page, and COM
SQL Server 7/2000 relational database fully integrates policy administration, financial transaction, statement and reporting modules
Centralized, database-driven System Administration allows authorized users to update core system components
Real-time processing
Application/program-level security
module customized to your needs allows only authorized users access to
specific system functions
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