Products

Life Insurance and Private Pension

Life Insurance Solution serves to insurance companies issuing policies within the scope of life insurance. This solution covers all the operational transactions required by the insurance business from following-up entry of applications to issuing policies, from collection to policy revisions and reporting. By its prepared infrastructure our solution helps the customers to prepare the insurance policies in a month. By this short period, the insurance companies can be more productive in operational processes.

Health Insurance

Health Insurance Solution carries out the operations of all companies in health insurance. This solution provides a problem-free use for own products of companies and also for operations of third parties. As it did in Life Insurance Business, Akademi has also developed the second version of Health Insurance Solution and currently implements the same successfully.

• General Descriptions Module enables standardization of certain data from client and policy information, preventing possible mistakes.
• Centralized Product Design and Development subsystem fully eliminates errors that can occur at any phase of the sales process, from applications to policy production.
• Group and individual policy distinctions under Product Design and Development subsystem enable new product parameters including ratios, commission structures, costs and insurance rates to be defined by the user, and also fast and complete description of products.
• Diversity of proposal media (hard copy, web, e-mail, fax) in the Sales Management Module enables the clients to determine the communication type that best suits them, ensuring cost saving.
• Integration of Sales Management Module into product development system speeds up sales, prevents errors resulting from re-entry of applications to the system, and shortens policy production and acceptance processes.
• Agency Transactions Module enables detailed follow-up of applications, termination, cancellation and similar transactions in the relations among the agent, unit manager, branch manager and employees.
• While working with the Policy Production System, all necessary modifications to the database are made as a result of policy modification requests, and addenda and all other necessary documents are printed automatically. This decreases the workload, while also minimizing the possible mistakes during the training phase of new personnel.
• In the Policy Production System, automatic renewal is made based on the information available in the old policy. Since this is a single-key operation, users are able to do renewals in the fastest manner possible.
• In the Policy Production System, common parameters are used for printing policies, certificates, addenda, labels and letters, thus preventing possible errors that might occur during production of documents that will be received by customers.
• Settlement (Claims) Transactions Module saves time for users and prevents possible errors by automatically performing invoice ratio distribution calculations.
• Settlement (Claims) Transactions Module provides fully automatic follow-up of claims both in POS and voice mail systems, based on the related coverage information of the insured individuals. This helps alleviate the workload on the users and ensures time saving.

Property & Casualty Insurance

AKADEMI PROPERTY & CASUALTY INSURANCE INFORMATION SOLUTION (PCIIS)

PCIIS provides comprehensive and integrated software solution to the insurance business. PCIIS is a modular, integrated core insurance solution providing insurers with benefits throughout the value chain.

WHY PCIIS

• Fast time-to-market with new products
• Powerful power users with scripting language
• Extensive business rules
• Process Oriented Insurance Business
• Rich business information data and reporting
• Back-end Independent accounting systems integration
• Reduced software maintenance costs
• Performance and Scalability
• Portability