Know about our products
“Our Product gives you a flexible policy administration platform that would replace your multiple legacy systems and position your Organization for growth by enabling you to react more quickly to market opportunities.”
GENIE-GEN is a flexible and configurable end to end solution to suit the requirements of any non-life insurance company. GENIE-GEN can be configured to be a natural fit to the business processes of the user company
GENIE -GEN allows you to adapt to changing market conditions and modernize legacy systems, go paperless and digital, reducing risk and decreasing operational cost.
Key business benefits
Tariffing
- Flexible rating engine definitions
- Easily built tariffing matrix ,Commission Scheme Management
Fleet Management
- Upload fleet data easily through excel sheets. Processing of huge underwriting data - recalculate premiums-addition/deletion of vehicles
Claims
- Claims intimation/First Notice of loss,Surveyor management
- Legal case/Arbitration, Recoveries and Subrogation, Salvages, Claim settlement and payments.
More Features
Accounting
- Accounts receivable and payable for premium, reinsurance, co-insurance, claims, commission and agent consolidation
Underwriting
- Integrated Quotation workflow, Underwriter Review and Policy Issuance
- Cover note and invoice generation
- Automated reinsurance allocations based on treaty capacity
Policy Servicing
- Endorsements/Policy Amendments
- Renewals and Cancellations
Reinsurance
- Managing Proportional and Non-proportional treaties Facultative offer and placements
- Premium and claims bordereaux
- Statement of accounts on quarterly/yearly basis.
Claims :
- Loss Notification
- Capturing Precise Claim Information
- Assigning Investigator
- Settlement and payments
- Tracking pending payments
Add-on Features :
- Document Management System
- Black Box – audit trails and logs
- Archiving of files
- Email and SMS notifications
Reinsurance :
- Proportional and Non-Proportional treaties
- Premium and Claims Bordereaux
- Apportionment of premium and losses.
- Profit Commission
Accounting :
- Integrated accounting system with operation
- Bills payable & receivables
- User configurable accounting for policy & premiums
- Commissions and Claims process
- EDI / file transfer options for vouchers
More Features
MIS Reports :
- General Reports
- Client Register Report
- Branch Business Report
- Claims Ratio analysis
- Accounting Reports
- Ledger Report
- Trial Balance
- Balance Sheet
- Income and profit analysis
- Analytical Reports
- Product profit analysis
- Top premium paying customer reports
- Branch wise business analysis
- Various types of business intelligence charts
©chegusinfotech. all right reserved.
