• Invision

  • About Invision
  • The solution has been proven to support many insurance business models, from the tailored strategy of a greenfield operator to the broad reach of a conglomerate insurance company.
  • Invision represents solution for insurance business full automation, consisting of separated modules. It has intuitive user interface, realized on web technologies for better security and easy management, and flexibility to satisfy individual business specifics.
  • Invision Modules & Business Coverage
    • Contacts
    • Policy Administration
    • Product Management
    • Benefits Administration
    • Claims
    • Reinsurance
    • Billing
    • Agent Management
    • Insured Objects
  • Invision covers all lines of insurance business:
    • Life insurance
    • Health insurance
    • Auto insurance
    • Property insurance (House, Village, Agriculture, Machinery Breakdown)
    • CAR
    • Cargo (Aviation, Ships and Railway transport own damage, transportation and liabilities)
    • And etc...
  • Also, additional Modules are integrated with core system, for :
    • Reporting / Data Warehouse - In addition to the sets of standard reports already available, the technology provides feature for end users, to easily produce various reports. Reports can be added at any time to the system with no recompiling.
    • Document flow - For centralized store of all documents, system is integrated with sharepoint server, which enables file versioning, easy to search, storing files hierarchically ant etc.
    • Agents Web Portal / Self Service - Is produced for agents and clients, to inform and get (and process) their requests faster.
  • Contacts Module
    • Contact Types: Individual, Legal and Government
    • All kind of general information, including photos, attachments, relationships and etc.
    • Using same contacts in different roles (duplication avoid) such as: client, agent, employee, beneficiary, reinsurer, broker and etc.
    • Centralized contact communication history
    • Grouping for different purposes: making offer, setting risk groups and etc.
  • Policy Administration
    • Applications (boss on policy issuence and annex level). Application can be converted to real policy
    • Underwriting (tariff and premium calculation, document gathering, cover configuration)
    • Different user interface depending on business line and insured objects
    • Ability to create and print combined policies and policies containing few insured objects
    • Multi year policies related with bank products
    • Renewals: contracts expiration controlling certain period ahead
    • Policy blanks management
    • Annexes
      • Changing conditions
      • Adding or changing object
      • Changing limits
      • Cancellation
      • Graphic restructure
      • All other changes which acts on financial operations
  • Product Management
    • General agreement and offers management
    • Products and Covers definition for retail and corporate business lines
  • Claims
  • The Claims module is divided into 3 pieces: life, non-life and health, with full automation of their specifics. Claims process levels include:
    • Call center (registration, correspondence)
    • Mobile group analize
    • Document collection and registration
    • Damage assessment automation (calculation) and report of the committee
    • Loss compensation, regress, damaged property selling and reinsurance payment
  • Reinsurance module
    • Type of agreements: Facultative and Individual
    • Proportional (Quota share, Surplus, Combined quota share and surplus)
    • Non proportional (Risk excess of loss, event escess of loss, aggregate escess of loss)
    • Periodical reporting, invoicing and billing