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Low Cost Non-Life Insurance Policy Administration Systems


In the era of technology, Internet, data rich business environment, automated processes, rapidly changing economic conditions, increased competition, and highly educated customers with increasing customer service demands, start-up Non-Life Insurance companies and small Non-Life insurers across geographies are facing tremendous pressures to adopt the latest in technology at an affordable cost.


FirstGen Lite Suite from FirstApex is the premier software suite in the Lite Non-Life Insurance Policy Administration Systems (PAS) arena. FirstGen Lite offers a full range of essential core insurance business components and functionalities for managing your business in a Greenfield or a small Non-Life Insurance Company.


FirstGen Lite is a multi-line web-based Low Cost PAS, which covers the full cycle of Non-Life insurance operations from the point-of-sale right through to the General Ledger. FirstGen Lite is a modern client-centric solution providing you with the ultimate flexibility coupled with a record-short time span for implementation.


The FirstGen Lite offering is based on the belief that Greenfield and small Non-Life Insurance Companies require a modern, flexible, sophisticated, but easy-to-use core insurance system that allows them to run their day-to-day business smoothly, without the need for a large IT department's support. If the thought of multi-million dollar PAS makes you uncomfortable and you do not have the time and resources to undergo a long and expensive implementation and customization process, than FirstGen Lite may be the right solution for you and your company.


Highlights

  • Customer-centric approach provides a single client view across all transactions;
  • Straight through automated operations which enhance productivity;
  • Fully integrated application across all business processes starting from Underwriting to General Ledger;
  • Flexible Product Configurator that allows you to setup simple to complex innovative products fast;
  • Support for multiple distribution channels and distribution driven business processes and accessibility at the point-of-sale or partner sites;
  • Multi-currency, Multi-Lingual and Multi-Geography solution;
  • Compliance with international standards like ACORD, IAS, etc;
  • Support for all classes of Non-Life Insurance business for personal, commercial and industrial lines;
  • Simple to personalize screens to suit your business processes and needs;
  • Fully web-based Java EE solution supporting Service Oriented Architecture (SOA);
  • Accessible through a simple browser on a client PC or any pervasive device like PDA, mobile phone, etc.
 
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