X-GROUP is an integrated solution for Group Insurance and Employee benefits with subsystems covering Term Life Insurance, Medical Indemnity, Retirement Benefits and Managed Health Care.
X-GROUP system helps in managing the full cycle of events from quotations, new business, member servicing, reinsurance, claims & withdrawals, accounting up to Balance Sheet. The common member administration and accounting processes allows you to administer all schemes of a Client or Corporate group across all lines of business, to cross-sell products and to lower administrative costs. X-GROUP is a powerful and flexible package that can be quickly adapted to business requirements.
Features
- Smooth Flow from Quotation to General Ledger
- Rich MIS reports and features to analyze the key parameters influencing business decisions. User definable reports
- Financial & key performance ratios
- Life, Medical and Pension Funds
- Common Group Administration
- Consolidated Process/ Views
- Rule-based Claim checking, multiple limits for Claims
- Fund- Interest allocation to members
- Functionally cohesive modules
- Table driven, parameterized approach
- Rating engine, rule-based checks
Faster time-to-market new products |
