Department of insurance policy issuance management
Insurance policy issuance
Insurance policy information
Risk information and coverages
Insurance years information
Additional management section
Changing the provisions of the insurance policy with financial burden
Changing the provisions of the insurance policy without financial burden
Change of insurer
Change of agency
Cancellation of the insurance policy by the insurer
Cancellation of the insurance policy by the insured
cancellation
Returning the insurance policy to the current state
Damages section
Registration and processing of damage files
Viewing and querying the history of registered claims for an insurance policy
Ability to attach all damage documents and documents according to its type
The possibility of circulating the damage file and sending it to responsible users for expertise and comments
The possibility of restoring the damage file
Ability to calculate damage recovery
Insurance accounting
Maintaining income/expense accounts at policy level
Maintaining beneficiary accounts in different roles (insurer/expert/representative/broker/beneficiary/insurer)
Adjusting company accounts based on financial reporting headings
Separation of life investment accounts and application of investment interest and update of the latest mathematical reserve status
Automatic reporting of age breakdown of insurance claims and their storage
Maintenance and automatic updating of reserve accounts (calculation of the daily number of earned premium reserve, loss reserve, premium return reserve, doubtful receivables reserve)
Separation and reporting of future premiums
The possibility of providing control accounts (subline) for maintaining accounts outside of financial statements, such as risks and types of quantitative and amount statistics.
The possibility of extracting profit and loss statements and balance sheets per policyholder, field, issuing centers, representative, broker, types of contracts and sales plans
Fee section
Calculation and separation of insurance policy fees
Calculation and breakdown of collection fees
Separation of calculation fee from paid fee
Separation of fees for insurance years
The installment of the fee paid for each installment
Payment of collection fees based on confirmation of bank collection
Periodic fee payment management
Management of withholding tax/value added fee calculation (calculations/receipts)
Registration of management fees
Calculation of insurance fee and installments and additions online
The possibility of periodic (daily, weekly, monthly) and automatic fee calculation and payment
Management of return fees in return and correction extensions
Ability to adjust/suspend/cancel fee for insurance policy/agent
Incentive and network fees
The possibility of withdrawing insurance premiums/commitments from the agent's fee