SohamLife is a fully web-based core insurance application
supporting the complete lifecycle of insurance operations, starting from
registration of proposals to the final settlement of claims by way of death
claim or maturity claim. Insurance software India It
is a client-centric solution providing any Insurer with the required
flexibility and scalability, coupled with a short time-span for implementation
and deployment.
The solution provides easy mechanism to view the status of
the Proposal/Policy/Claim details either by an Agent or by the Life Assured himself.
The solution provides seamless integration between Underwriting, Claims, insurance software Reinsurance and
Accounting departments thus avoiding data redundancy. The solution addresses
global as well as country-specific operational, processing and reporting
requirements.
Soham Life is a multi-currency and multi-lingual
application. It is a fully integrated component-based solution supporting the
core business processes, and data entered into one component like Underwriting
is available on real-time basis for Claims, Product Management, Policy
Management, Reinsurance and Accounts for further processing.
The solution makes full use of their parameterized approach
for the configuration of complex insurance products. The externalization of parameterization
rules allows changes to be quickly made without the need for any programming changes.
Insurance management system Built
on component-based architecture; so ham Life is highly extensible and customizable
product. Leveraging on the JEE design, the solution uses “Plug & Play”
along with Dream Tekis Service
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