Policy Administration and Servicing (PAS) Systems - Specialty and London Market to complete the corresponding RFX
Overview
The Genasys Platform is an end-to-end core insurance administration platform covering policy, billing and claims. Built with flexibility and connectivity front-and-centre, our latest platform release, Genasys Unify, makes it easier than ever for any business user to create and configure insurance products, and efficiently manage the full insurance journey from quote & bind to claims and renewals. Our extensive Rest API endpoints, architecture and no-code tools make it easy to connect to external software, allowing Genasys to operate as the core system at the heart of innovative insurance solutions and workflows.
Key Features
Core functionality includes: Product Design Studio, Policy Admin Suite (including rating and rules engine), Claims Admin Suite, Finance & Billing Suite, Front-End Portal, Reporting & Dashboards. Each of these 'modules' is enabled with features to manage the full insurance lifecycle including workflow automation, document creation & management and task management.
Key Benefits
The Genasys Platform enables insurance businesses to improve the entire insurance lifecycle management: simplifying and speeding up processes, reducing errors and improving experience for business users and customers. No-code tools, beautifully designed UX and extensive functionality reduce the administrative burden on staff. Easy-to-deploy products and workflow automation increase speed of product releases, the quote-to-bind process and claims management. Extensive MI data makes it easier than ever to improve end-to-end performance. Our cloud-based achitecture, SaaS model, modern APIs and highest levels of software stability reduce IT costs and drive innovation. All of this enables insurance businesses to reduce admin, staff and technology costs, cut out manual errors, improve speed-to-market and customer service, and drive revenues through improvements to product portfolio, wider digital product distribution and competitive advantage through innovation.
