Launch new or revise existing products rapidly.
POLISY/400 is a modern, proven, integrated general insurance administration system that provides the functionality to define and issue personal lines and commercial lines of general insurance products.
The types of products that can be defined within POLISY/400 include motor, household, income, travel, marine hull and marine cargo.
Using a table-driven method for defining product rules, POLISY/400 allows companies to launch new or revise existing products rapidly. Dated tables allow for the product rules to be updated when needed. The system is documented and is supplied with online help, which can be modified, to assist users as they become familiar with the system.
The client-server architecture of POLISY/400 has enabled it to be implemented as a stand-alone solution and as a component of a back office solution for call centers offering insurance services directly to the public via telephone sales teams.
POLISY/400 provides the essential capabilities to providing quality service for general insurance in today's financial services market.