Flextera Bancassurance

In the world market bank insurance is the successful sales channel of insurance products through banks. In Russia this concept appeared quite recently, but already today insurance and banking organizations express readiness for cooperation.

The functionality of a set of separate solutions which were till today presented at the Russian market does not allow to automate all processes of interaction of partners – banks and insurance companies. Considering new business needs, the Diasoft company offers the clients other, full-function specialized solution – FLEXTERA "Bancassurance" which provides interaction of bank and insurance company in sales process of insurance policies through bank and promotes increase in efficiency of partners is perfect.

All products of the line of FLEXTERA are constructed on a new technology platform, according to the basic principles of service-oriented architecture (Service Oriented Architecture, SOA). Thanks to the open platform, FLEXTERA "Bankostrakhovaniye" it can be optimum integrated with other systems. The unique solution architecture of Diasoft provides flexible approach to automation of each of the directions of business of insurance company and a possibility of its work taking into account specific market conditions.

Use of a product of FLEXTERA "Bankostrakhovaniye" in integration with banking systems allows to minimize costs and to exclude cases of double entry of customer information of bank, loan, deposit agreements and payments according to insurance contracts.

For automation of process of bancassurance in insurance companies the back office solution of Diasoft company which work is checked by large Russian insurance companies is used. A system solves problems of exchange bordero with banks and accounting of insurance contracts.

Cooperation of banking and insurance institutions allows to develop joint effective investment policy, to try to obtain significant cost reduction on channels of distribution of services and mastering of new segments of the market, promotes increase in the customer base and increase in attractiveness of services which banks and insurance companies offer the regular customers.