Center for Program Udvikling K/S

Characteristics

The CPU system covers both life and nonlife insurance.

The nonlife system supports all classes, i.e. commercial and personal, with accident and liability insurance, self-insurance, etc. Exceptions not covered by the system are marine insurance and workmen's compensation insurance.

The system is fully integrated horizontally with insurance processing, accounting, reinsurance, information retrieval, etc., and vertically with customer processing, policy processing and claims processing,

The system can be characterized as a standard system, but it is largely table-driven with provisions for combining and adjusting the system to individual needs with regard to rates, commissions, extent of coverage, use, text, average claims reserve, procedures for collection of premiums, payment demands, and disbursement.

To comply with wishes from the companies to be able to develop programs on their own, for instance Internet applications supplying the CPU insurance system with data, CPU has developed a set of programs, which the companies must use to preserve data integrity. In CPU, this is known as the Data Encapsulation System.