Policy Administration
Streamline the establishment, invoicing and closing of policies with all financial transactions and documentation taken care of.
Transform your policy management with our customer-centric platform, designed to automate and streamline all the tasks involved in managing insurance policies across Marine, Energy, Captive and P&C insurance.
Our robust policy administration capabilities simplify the establishment, invoicing, and closing of policies, ensuring that all financial transactions and documentation are efficiently handled. With our solution, you can process applications, modifications, and renewals more swiftly than ever before, making in-period changes with resulting debit/credits and updated documentation seamlessly. This automation not only boosts efficiency but also reduces errors, enabling your team to focus on delivering exceptional service to your clients.
Additionally, our self-service options empower clients to access their policy information, make updates, and request changes at their convenience, enhancing their overall experience. With our solution, you can:
- Define re-insurance .
- Automatically connect co-/re- insurance QS/XL to defined business lines to policies written, or
- Select manually for full placement control or facultative cover.
- Make in-period changes with resulting debit/credits and renewed documentation.
Empower your business with real-time insights and reporting features that keep you informed and agile. Our customer-centric policy administration solution integrates advanced analytics, providing you with the data needed to make informed decisions and optimise your offerings. Whether you’re adjusting terms, updating coverage, or processing claims, our system adapts to your needs, ensuring you remain competitive in a dynamic market. Elevate your policy administration process, improve efficiency, and enhance client satisfaction with our innovative capabilities. Noria is your partner in efficient insurance management.
Quoting
Create quotes showing insured objects, interests, limits, conditions, deductibles and alternative rates based on renewal information and statistics.
Read more ➔Policy Administration
Streamline the establishment, invoicing and closing of policies with all financial transactions and documentation taken care of.
Read more ➔Claims Handling
Optimise end-to-end claims handling with automated workflows. Capture claims detail and create payment and settlement with documentation/authorisation rules supported.
Read more ➔Accounting & Payments
Keep track of premiums and claims directly updated from policy admin or payment interfaces. Seamlessly manage your customer billing and collection processes.
Read more ➔Reinsurance
Efficiently manage different types of reinsurance covers, including quota share reinsurance, facultative placements, and umbrella excess of loss programs.
Read more ➔Digital Customer Journey
Offer customers a world-class digital customer journey through personalisation, information-sharing, configurable overviews and workflows, and seamless self-service.
Read more ➔Data Management & Insight
Improve data management by centralising information, enabling real-time analytics and reporting. Drive better decision-making with valuable, data-based insights.
Read more ➔