Insurance Company Core System

Yiliang Tech's “Insurance Company Core System” includes core subsystems for auto insurance and property insurance, supporting comprehensive lifecycle management for insurance operations.

System Features

  • Auto Insurance Core Subsystem

    Auto Insurance Core Subsystem

    The auto insurance core subsystem supports full process management, from policy issuance to claims processing, enabling insurance companies to efficiently manage every aspect of their auto insurance business. The system automates policy entry, issuance, underwriting, amendments, and renewals, while allowing flexible configuration of auto insurance products to meet customer needs with personalized and efficient service.

    The system also features real-time queries and automated underwriting, ensuring the accuracy and quick response of auto insurance operations.

  • Property Insurance Core Subsystem

    Property Insurance Core Subsystem

    The property insurance core subsystem focuses on the lifecycle management of various property insurance products. This module supports the customization of multiple property insurance products, including commercial insurance, liability insurance, and more. The system handles the entire process from new contract, policy issuance, premium payment, to commission settlement, and supports policy amendments and renewals, enabling insurance companies to adjust business strategies and improve customer satisfaction.

Product Factory and Custom Configuration

The “Product Factory Module” is a key component of the core system, enabling insurance companies to flexibly design and customize personal and commercial insurance products.

  • Flexible Configuration

    Supports custom rules and parameters for various products, ensuring that insurance companies can develop personalized products tailored to different market needs.

  • High Configurability

    Allows users to adjust product parameters, rates, coverage, and more, ensuring that each product meets the specific needs of customers.

Core Business Process Support

The system provides comprehensive support for core business processes in insurance companies, including the following:

  • New Contract Management

    New Contract Management

    Automates the process of policy entry, underwriting, and issuance, ensuring accuracy and efficiency in policy handling.

  • Policy Amendments

    Policy Amendments

    Supports flexible policy amendment processes, allowing insurance companies to quickly handle customer requests for changes, such as modifications to address, premiums, and coverage.

  • Commission Settlement

    Commission Settlement

    Allows for the configuration of complex commission rules, automatically calculating and distributing commissions, ensuring transparency and accuracy in the settlement process.

  • Premium Collection and Payment

    Premium Collection and Payment

    Manages the collection and payment of premiums automatically, ensuring efficient financial processes, and supports a variety of flexible payment options.

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System Advantages

  • Comprehensive Insurance Coverage

    Supports the full lifecycle management of auto, property, and life insurance, enabling insurance companies to efficiently manage a wide range of insurance products.

  • Highly Flexible Product Customization

    Through the Product Factory Module, insurance companies can quickly create, modify, and configure various insurance products, ensuring that products are tailored to meet market demands.

  • Automated Core Processes

    From new contract management to policy amendments and commission settlements, the system's automated processes significantly improve operational efficiency, reducing manual complexity and error rates.

  • Data-Driven Decision Support

    With real-time data analysis, the system provides detailed business reports and performance analysis, helping management make informed decisions to optimize operations.