SystemA is a complete insurance software solution.

 

It’s versatile, slick and custom designed for individual insurance intermediary requirements.

In addition, SystemA is also:

  • Astute Short-Term Switch
  • ACORD compliant
  • Insurer approved
  • Scalable


 

And with upgrades every 8-10 weeks, SystemA will keep you ahead of the game.

SystemA, the company’s flagship insurance management system has been around since 2001 and has continually evolved to keep up to date with technology, legislation and the ever changing insurance landscape.

Our comprehensive solution portfolio integrates the entire insurance value chain, from collection of premiums, to claims intimation, through to payment of claims.

Supporting data transparency, integrity, and powerful analytics; giving you the timely, accurate information required for tactical and strategic decision-making and reporting.

Easily apply appropriate standards to relevant processes, addressing the increasing need for transparency across
the board.

Reinsurance

Reinsurance is one of the system’s strongest points and we cater for all treaty types as well as proportional, non-proportional and variable quota share treaties.

All reinsurance placements are calculated in real-time and are automatically allocated to the default reinsurance structure supported by full detailed reporting.

Lines of Business

SystemA is a totally integrated offering, currently supporting the following lines of business:

  • Crop
  • Asset
  • Marine
  • Funeral
  • Medical
  • Aviation
  • Credit life
  • Agricultural
  • Commercial
  • Motor (only)
  • Personal lines
  • Contract works
  • Engineering risks
  • Various niche products

Fully integrated policy administration including premium calculation, policy schedule, premium administration, ACB collection via third parties, premium bordereaux, broker statements, debit notes and commission bordereaux.

Black Box

SystemA successfully integrates with a number of insurer black-box rating.


Functionality

Customer Relationship Management

  • Email/SMS, Client centric view, Diary and Full interaction history
  • Business rule engine

Reinsurance

  • Full proportional and Non-proportional capability for Premium and Claims

Full Policy Lifecycle

  • Quote, New business, Endorsements and Renewal

Reporting

  • Standard financial, Premium, Claims, MIS
    and Dashboards

Financial Management

  • Premium Calculation, Premium Collection and Disbursements (Risk Premium, VAP, Commission
    and Fees)

Claim Process

  • Intimation, Validation, Estimate, Revising, Payments, Recoveries, Claim float and Service
    provider management

Full Timeline Management

  • User role definition and control
  • Access control
  • Full audit trail

Business Rule Engine

  • Customise field input
  • Required fields
  • Business requirement enforcement
  • Defaulting of values
  • Hide/show/disable of fields based on business rules
  • Hide/show message boxes based on rules