Customers: SIV Life Strakhovaya company (CiV Life)
Contractors: Diasoft Product: Diasoft FА InsuranceНа базе: Diasoft MeNext Project date: 2010/12
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SIV Layf Insurance Company LLC completed the choice of a system for business automation. The solution of Diasoft is recognized to the corresponding requirements of insurance company.
In October, 2010 the project which purpose is optimization of key business processes of SIV Life insurance company started: portfolio management of insurance contracts from accident and borrowers of the credits, settlement of losses, settlement, calculation of reserves, calculations for agency commission, reinsurance and also formation of the operational reporting.
During the project, fully which is going to be finished within one year, and SIV Life will be able to use the first results in six months, specialists of Diasoft automate such activities of the company as individual and family protection from accident, protection of the borrower of a consumer loan and the holder of the credit card against accidents and diseases. Besides, within the project it will be performed integratsiyasisty Diasoft FA# Insurance and COR&FJA Life used by SIV Life for portfolio management of life insurance contracts.
Functionality of the solutions Diasoft FA# Insurance will allow to reduce significantly time expenditure by maintaining a portfolio of the agreements united in uniform base, will increase quality of information, will provide timely report generation according to requirements of the legislation and, in general, will increase business performance.