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 which addresses 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 system inclusive of; premium calculation, policy documentation, AC collection, full financial accounting including all insurer payment and commission bordereaux, debit and credit notes, claim/commission/refund EFT payments, document management and multi-quoting facilities.

There are 52 classes of business that are currently supported which can be combined in any fashion to create unique products.

Our solutions includes support and are available anywhere (cloud enabled):

  • All lines of insurance
  • Niche insurance
  • Business rules engine
  • Private cloud enabled
  • MIS, Analytical, BI and functional reporting
  • All major rating engines and insurer products ready to ship
  • Web based broker portal
  • Web portal for insured to access policy and claim information
  • Mobi-app for your clients to access their policies
  • System approved by all major insurers
  • Superb support included
  • Available anywhere

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