Policy Administration System
A highly configurable policy administration solution for managing the entire policy lifecycle for all lines of business – personal lines, commercial lines, specialty lines and workers compensation.
Billing
Supports flexible billing for all lines of business in both a direct and broker/agency billing environment. Highly configurable to meet complex billing requirements of any insurer including commission calculations, installment billing plans, payment methods and account maintenance.
Claims
A comprehensive solution for managing your claims workflow for any line of business. Fully integrated with Policy Administration, it provides the user with point-in-time coverage verification and facilitates a full claims lifecycle.
Reinsurance
A robust reinsurance management solution for processing ceded premiums and reinsurance recoveries which is fully-integrated into the policy administration and claims workflows.
Accounting
The integrated general ledger and accounting module provides 100% financial visibility into company operations and provides accountants with the necessary tools to run the organization.
Rules & Rating Engine
The Rules Engine enables straight through processing of policies you define as standard - based on various parameters or user inputs – and tells the system to ensure that all unusual risks are analyzed.
Configuration Studio
Where artistry and insurance technology come together; Configuration Studio puts powerful rules and tools in the hands of analysts to perform implementation and maintenance tasks without the necessity to modify code.
Key Features
- Advanced browser-based architecture with no underlying legacy code
- Powerful configuration module to streamline implementation
- Library of generic reports, documents and workflows
- Automatic transactional versioning
- Integrated rules and rating engine
- “Build not code” philosophy
- Real time transactions
- Multi-tier server structure
Key Benefits
- Actualize business requirements without the need for source code modification
- Full historical logs for audit and control purposes
- Leverage the knowledge of ISI’s diverse base of P&C insurers
- Seamless version upgrade procedures to future-proof your investment
- Available 24/7 and can be accessed remotely
- World-class security features