X-GEN Software
Posted on : 23-12-2009 | By : admin | In : Insurance Agencies
Today – like never before – P&C insurers are facing huge demands brought about by the quickly changing business environment, new competitors, new regulations and customers increasing demands. Legacy IT systems are often inflexible and costly to maintain which results in companies losing out in terms of business agility, competitiveness and market share.
X-GEN is FirstApexs answer to the challenges faced by P&C insurers. X-GEN is a new generation, web-based policy administration system which covers the full cycle of insurance operations from point of sale right through to the general ledger. X-GEN is it is flexible, scalable and can quickly be deployed.
X-GEN helps Insurers to be more agile:
Fast configuration and rollout of new products
Accessible at point of sale or partner sites
Easy integration with partner systems (eg broker, reinsurer, TPA or business process outsourcer) -offering a virtual insurance company
Straight through automated operations which cut out unnecessary paperwork and reduce cost.
Simple to personalise screens to meet your own business requirements
Ability to handle variations in underwriting like
Coinsurance Transaction
Open Cover and Master Policy
Certificate issue of Open cover and Master Policy
Real time information available for business analysis and reporting.
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