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INSURANCE AUTOMATION SOLUTION
Metalogic brings a rapid way to bring your automated policy processing to life. Added to the technology solution is Metalogic’s experience in working with customers in the US P&C Insurance marketplace for over a decade.
Brief transaction support –
New Business.
Quick Quote.
Rate / Quote / Bind – including multi-state policies.
Rule-based rating – modular hierarchical rules that can be reused.
Friendly Rating Tables – exactly as defined in your product manuals
Policy issuance and Policy Amendments – including automated out-of-sequence changes.
Forms and policy packages – per recipient (Insured, Producer, etc.).
Renewals – online as well as in batch mode.
Changes in prior term policies – automated changes in current term.
Non-renewals.
Cancellation – flat, pro-rata, short rate.
Reinstate – with or without lapse in coverage.
Complete policy history – view policy data as on any date.
All these features are available from a single browser-based user interface. You can even have multiple LOBs built into a single application and implement distinct features for each LOB – the flexibility is endless!
Feature brief of the Solution –
Intuitive & easy navigation – leave whenever you want to and resume from where you had left – it “remembers” where you were!
Exhaustive Search – search by a variety of parameters and know your application/policy status from the result screen itself.
Transactions initiated from search results.
Data entry screens to browse through policy data as on any date.
Role based –menu options available to authorized users only.
One size really fits all – role based features allow the same interface to be used by all users – customer service, agents, operations, the insured.
Wider choice – supports all major application servers and either Oracle, MySQL or DB2 UDB as the database.
Latest in technology – no client component required, access anywhere from a wide range of devices with browser support.
Changes in prior term policies – automated changes in current term.
Non-renewals.
Cancellation – flat, pro-rata, short rate.
Reinstate – with or without lapse in coverage.
Complete policy history – view policy data as on any date.
Proven Methodology
Metalogic’s reputation and recognition by customers come from effective project execution methodology. The methodology is well suited for a process that is assisted by a number of tools to enhance productivity. It is the usage of these tools that allow Metalogic to deliver quality artifacts with superior consistency and unmatched turn-around time to customers worldwide.
Metalogic brings in automation in the following areas of software development lifecycle–
Translating customer requirements into technical specifications.
Designing the Data Model that incorporates customer’s preferences.
Designing Screens with front-end rules and validations.
Creating Rating Tables.
Authoring Rules to Rate Coverage and Build the deployable web application.
Metalogic has built its Policy Administrator Rapid Application Development Framework based on the only premise that a Policy is a contract between a provider and one or more insured governed by the coverage sought and rates applied on mutual agreement of the parties involved. If you run your Policy Administration on the same premise, then our solution fits your requirements. We can deliver what you are seeking.
From the application perspective, Metalogic has delivered LOBs in the following areas–
Commercial Lines
Property.
Commercial Auto.
Workers Compensation.
Personal Lines
Automobiles.
Homeowners.
Dwelling Fire.
Non-Standard Auto.
We have studied further LOBs and found the framework to be capable of addressing all of those, irrespective of location or rating bureau. Few such additional LOBs are–
General Liability.
Crime.
Inland Marine.
Garage.
Business Owners Policy.
Farm Owners.
Metalogic completes its end-to-end offering by including their expertise in migrating data from various legacy platforms, thus ensuring complete data retention in the new platform.
 
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