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Center for Program Udvikling K/SHighlights |
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The system is screen based, online with real-time updating,
supported by periodical batch processing.
Statistics, etc., can be ordered via display terminals on a day-to-day basis. The System includes an advanced accounting system, which is automatically updated real-time from the insurance system. Insurance applications can be registered immediately for automatic implementation at an optional commencement date. Reinsurance is included in the system, and premium reserve and claims reserve calculation are made simultaneously. The system offers optional use of user defined text and creation of printing forms. Disbursements in connection with settlement of claims, commissions and various cost can be made either by postal transfer, by cheque or by electronic transfer, immediately or as per a later date. Policy rating, including desired modifications, can be carried out on request. Monthly and other periodical batch processing jobs can be carried out independently of the actual date. EDI is integrated in the handling of the insurance policies and the claims. Runs on the IBM AS/400 system. Build in COBOL (90%), RPG and PL/1. |