Life Insurance Policy Administration Systems (PAS)

Azentio OneInsurance offers Individual & Group Life policy admin systems.

Allows Life Insurers to launch unique and new products quickly, sell aggressively and engage digitally by transforming into a customer-obsessed organization, while remaining efficient, compliant & secure.

Individual Life supports variations of - Term, Endowment, Whole Life, Unit Link & Funeral

Group Life supports variations of - Term, Credit Life & Funeral

Backed by a product team and experienced implementation team (proven implementation & migration methodologies)

Optional components - B2B & B2C portals (design, implementation & support)

Azentio also offers an ePOS solution (tablet first design) for the agency channel.

• E2E system covering - Product setup, NB & UW, Reinsurance, Servicing, Claims & Reporting
• Workflow driven solution
• Product configurator
• Configurable rules & rating parameters
• Inbuilt document management system
• Ready APIs for Individual Life
• Self-service portals
• Proven Implementation & Data Migration methodologies
• Can be deployed either on Cloud or On-prem
• Can be offered as a SaaS model
• Subscription based pricing

1. Improved speed to market - via User configurable product setup and various masters
2. Lower maintenance cost - due to higher configurability available
3. Improved operational efficiency - due to workflow & self-service portals / features
4. Near paperless office - inbuilt DMS - documents linked to respective transcations & e-signature integration in outgoing correspondences
5. Higher sales volume - due to self-service portals enabling handholding of the agency force
6. Lower capex - due to Subscription model