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GIS® - application modules

Developed since 1990 in IBM iSeries, it includes a set of application modules designed to support the integrated management of a Life insurance company, considering all functional areas and all types of product (risk, financial, endowment, unit linked, group, etc.).

 
Party

Maintenance of information on entities, allowing a parameterization of the attributes and the different relations with the company (insured, claimant, broker, etc.), based on the unique person concept.

Product engineering

Destined to the insurance specialist/actuary, it allows the configuration of any product, supported by an insurance technical-actuarial language and by a metabase which stores all the management attributes and rules associated to each product exploration.

Production. Portfolio management

It covers all the processes of information handling concerning the duration of a contract (proposals, policies, endorsements) and the handling of the associated premiums, with automatic connection to reinsurance.

Collections

Includes all the processes of collection handling (for any channel), integrated with cash flow control.

Claims

Destined to the handling of claim processes and payment of indemnities, with automatic connection to financial management and reinsurance handling.

Reinsurance

Destined to handle outward reinsurance.

Management control

Provides a group of consultations, grouping and relating information from the different functional areas, which can be directly obtained from the operational database or from the information database (data warehouse).