A policy administration system designed for group insurance business with features like group policy servicing and flexible billing cycles.
Insurance One G (IOne-G) is a robust policy administration system tailored for group insurance business. It handles group policy servicing, member management, flexible billing cycles, auto renewals, and experience rating for group policies. The system ensures efficient management of group policies while offering cloud-enabled operations and flexible licensing options to meet the unique needs of insurers handling group insurance products.
Feature List
- Group policy servicing
- Member addition/deletion
- Flexible billing cycles
- Auto renewals
- Experience rating support
- Cloud-enabled operations
- Perpetual/subscription licensing
- Reporting tools
- Workflow automation
Use Case Scenarios
- An insurer could use IOne-G to efficiently manage large group policies with complex member structures.
- Group insurers could leverage auto renewal features to reduce administrative overheads.
- Insurers could utilize experience rating tools in IOne-G to offer competitive pricing based on historical performance.
Functionality Overview
IOne-G operates as a comprehensive system for managing group insurance policies. It handles complex member structures, facilitates flexible billing cycles, and automates renewals. The experience rating feature allows for data-driven pricing decisions. Its cloud-enabled architecture provides scalability and flexibility in deployment.
