Insurers today are looking for the right digital business foundations, including the flexibility to respond quickly to new business opportunities, easy connectivity and other capabilities to help them stay ahead of the competition. Fadata’s insurance process platform, INSIS, is the most advanced and comprehensive solution available across all major lines of business.
INSIS helps you release products more rapidly, drive engagement with your customers and partners, make processes faster and more efficient, and strengthen operational control and compliance. Capabilities are integrated on a single, highly flexible platform.
Recognized by analysts at Gartner and Celent as a market-leading platform, INSIS' business functionality spans individual and group life business, unit-linked products, non-life commercial and personal lines, and healthcare insurance. And with INSIS' true service-oriented architecture you can connect with other ecosystem solutions to help you innovate into the future.
Product Configuration & Deployment- our Product Configurator module enables business users to quickly assemble, maintain and deploy insurance products without assistance from their IT department
Customer and Agent Portals - with Quote and Apply and business-user configuration (ImpeoICE) solutions for ensuring effective engagement with your customers and sales partners
Policy Administration - A module providing product life-cycle support across quotations, underwriting, alterations and renewals
Billings and Collections - a specialized sub-system that manages all the financial interactions between INSIS and external financial systems, e.g. general ledger, accounts payable and receivable, banks, payments operators, collectors, etc
Agent Remuneration (Commissions) – an INSIS module that calculates agent commissions, both basic and overriding
Reinsurance Management – a module that supports the full automatic processing of reinsurance operations
Claims Management - a module providing a uniform approach to processing claims across any line of business
Comprehensive management of core data, policy issue and servicing, premiums, claims, commissions and reinsurance transactions with integrated INSIS modules
Intuitively designed front-office applications, covering quotations and applications, customer and agent portals, and business-user friendly configuration
INSIS' Product Configurator enables business users to quickly assemble, maintain and deploy insurance products without assistance from their IT department
INSIS’ Business Intelligence module offers an array of business-user friendly solutions to guide customer engagement and business management decisions
Fadata and its partners have an established track record of 65+ successful implementations, and offer comprehensive post-deployment support
Private or public cloud-based service covering management of infrastructure, technology stack, INSIS application upgrades and changes, and support
INSIS' Data Administration module acts as a central repository that other INSIS modules can call on for consistent accurate core data
INSIS' advanced application architecture enables efficient multi-company and multi-country support from a single INSIS instance
Insurers are modernizing their legacy systems with modern platforms for processes such as sales and policy administration to prepare the firm for a fast, cost-efficient digital future. But how can they avoid implementing tomorrow’s legacy system? In this white paper, we explore the implications of emerging insurer ecosystems.