These are only a few of the highlights in a very comprehensive
system
- The customer can get a quote, take out a policy, make
amendments, accept renewals, notify claims etc., all online without
talking to a call centre at any time
- The customer is able to view current and historical cover
details, and thus have an online archive of policy documents
- The system is able to charge a fee for a change to avoid
trivial changes
- The system can make out of sequence Mid Term Amendments, even
across policy periods (years)
- Short term cover can be added to a policy in one
transaction
- Technically the policy changes have a minimal impact in the
policy system, whilst retaining the full policy history
- Insurance products are easily implemented with a high level of
flexibility to enhance the customer experience