Digitization is no longer just a fashionable word. The business world has been completely transformed by technologies and the insurance sector is no exception. By now every insurer is faced with the question on how to master the digital era. Characterized by fast paced changes and requirements, insurance companies need new strategies with which they can create a better service chain, make operational and customer customization a matter of course, innovate digital products and services in real time, and at the same time optimize operating costs and increase efficiency – especially with Back-office functions. In order to do it all justice, you need a powerful policy administration system.
As a highly effective cloud environment installation, the Unified Administration Platform (or UAP), represents technology that can keep up with these demands. Our solution meets the requirements of insurance companies who are looking for a powerful and cost-effective management system that covers the entire insurance value chain and enables flexible implementation. The Unified Administration Platform is a perfect fit for innovative newcomers or proven veterans with disruptive business concepts seeking a flexible, customizable standard solution enabling quick technical executions.
As a release driven standard solution, the Unified Administration Platform supports the entire product lifecycle from the definition of verifiable and saleable products to offers, contracts and up to comprehensive back-office processes.
Harness the true power of real-time when designing new products or product packages, their market launch as well as the performance of changes on various existing objects like contracts. In addition, the Unified Administration Platform enables the real time dimension regarding your entire operation starting with delivery, testing, production, and all up to maintenance.
As a distributed system, the Unified Administration Platform is enhanced with the ability of auto scaling, advanced resilience and self-healing mechanism, replications over different datacentres and time zones, detailed monitoring, 24h/7 availability, modern security technologies and all the other benefits that come with cloud environments.
The seamless integration of our software with your other existing applications reduces the time required for the development and market launch of products. Unified Administration Platform is a fully integrated system with open interfaces. For third party systems, the platform is available via Web-services. As a consequence, the integration is possible for various clients: distribution, insurance company’s in-house developed applications, BPM, DMS, etc.
Our solution facilitates for all back-office processes to run completely automated, while at the same time, it also allows to be entirely parameterized, thus tailored to your specific needs.
Since our software solution is cloud ready, we can provide the application environment, software maintenance, and technical operations. The service-level with its flexible financing models can be individually tailored to your needs.
Lean all-sector policy administration system (life, accident, property, liability, and health insurance)
Upgradable standard software package with consistent coverage in the core business of an insurance company
Complete and fully integrated comprehensive system covering the entire value chain of the back-office portfolio administration
Data migration tool & migration expertise
Greenfield approach within 2-3 months
Software as a Service &on premise
Simple and cost-effectiveto run
Eco-friendly process workflow due to no paper business