Overview
InsPro EnterpriseTM, a Life and Health insurance policy administration system, is a single technology solution used to manage all insurance processing requirements supporting multiple product lines as well as hybrid products for both group and individual policies on a single web-based platform. The InsPro Enterprise design provides carriers the option to deploy the solution as an end-to-end straight through processing suite or on a modular, componentized basis to address immediate areas of concern. The InsPro Enterprise suite includes Product Configuration Workbench, New Business and Underwriting, Billing and Collections, Policy Administration, Agent Management and Commissions, Claims, Document Management, a Reporting Data Mart, and hundreds of granular web services to integrate into your IT ecosystem.
Key Features
- A single user interface for all functional components (from product configuration through claims)
- Plan and Product configuration templates lead users through a set of straight-forward windows, simplifying the process of insurance product definition
- Supports a variety of billing modes and methods for both group and individual business
- Calculates commission payments, including advances, splits and periodic commissions
- Supports the entire claims lifecycle, from claim set-up and adjudication through adjustments and stop payment/void check
Key Benefits
- Streamlined customer service with a single UI (fewer calls transferred/re-routed, resulting in a better customer experience)
- Product configuration templates greatly improve speed-to-market for new product rollouts
- Comprehensive Data Mart integrates with third party analytics and reporting solutions, providing a strategic tool to effectively measure/manage your business
- Hundreds of granular web services that are used to integrate into clients' IT ecosystems
- Hosted/ASP/SaaS solution offering allows clients to focus on their business (what they know best), while InsPro manages the system (our technology is what we know best)