A comprehensive solution for general insurance providers with powerful configuration tools and workflow-driven processes.
Newgen's General Insurance Solutions provide a comprehensive platform for managing various aspects of general insurance operations. It offers powerful configuration tools and workflow-driven processes to streamline policy administration. The solution includes an automated rating engine for efficient configuration across personal and commercial lines. A user-centric portal connects policyholders, brokers, surveyors, and other business partners, enhancing communication and service delivery in the general insurance sector.
Feature List
- Claims and policy management
- Automated underwriting
- Policy servicing tools
- Provider management features
- Personalized product set-up
- Billing & finance operations
- Low-code development platform
Use Case Scenarios
- A general insurer could use the automated rating engine to quickly configure and launch new insurance products.
- An insurance company could leverage the user-centric portal to improve communication with brokers and policyholders.
- A compliance team could use the built-in tools to ensure adherence to changing regulations across different insurance lines.
Functionality Overview
The General Insurance Solutions platform serves as a comprehensive system for managing various types of general insurance policies. Its core functionality revolves around the automated rating engine, which allows for quick and accurate policy pricing. The workflow-driven processes guide users through policy issuance, renewals, and claims handling. The user-centric portal acts as an interface for different stakeholders, facilitating communication and self-service operations. The system's configuration tools allow insurers to adapt the platform to their specific product offerings and operational needs.
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