NSure Core Insurance Suite for Life
Overview
NSure Life is a single integrated enterprise software which is customer centric system and supports individual, group, health and investment linked insurance business. It enables straight through processing, which cuts across multiple modules in real time.Thus, gives a great foundation for enhancements into the digital era.
Key Features
NSure Core for Life Insurance has a robust product configurator that allows configuration of wide variety of products. It also allows packaging of products to address specific needs. It has end to end support for business functions, viz, quotations, new business, underwriting, alterations, cancellations, renewals, reinsurance and claims that spans across Individual and Group insurance business to offer instant processing.
The base common functions such as channel management, channel compensation, collections, payments and subsidiary ledgers are handled in building blocks to give you the flexibility of changing business arrangements.
The entire profile of your customer is kept in one place so that you can assess total risks, up-sell and cross-sell to your customers. The channel profiles are also kept in one place so that you can manage and compensate the entire portfolio of your channels.
Key Benefits
- Transforms rapidly with lower risks and reduced cost
- Complies IFRS 17 Integrates and fully synchronizes insurance processes between systems through APIs
- Automates and modernizes legacy system
- Delivers transparency and improves efficiency with comprehensive policy and claims administrations
- Accelerates launches and distributions of new insurance products
- Ease of adding custom-developed features and functions