SureWay INLIS

SUREWAY INLIS is an integrated Non-Life Insurance Software Applications designed and developed based on the local non-life insurance environment. It covers from the issuance of the policy up to accounting.

POLICY ISSUANCE AND UNDERWRITING

This underwriting module helps you gather policy information. Computation of charges and due are automatic. This module are equip with user definable tables, codes and parameters for easy data inputting. Underwriting module can generate production registers and summaries. It can be group by branches and/or by agents. Statistics and Risk Profiles are also available. Endorsement transactions were provided for changing policy information and renewal transactions for renewing policies. It has an inquiry program that helps you see the production totals, current policy information, and series of endorsements at a glance. Transaction processing is provided to secure historical and current policies of unauthorized editing and deleting of policy information. Record backup was generated when this transaction processing is invoked. Accountable forms are already being monitored by the system. Including policy, invoice, official receipt, endorsement, certificate of cover and other liable forms. This functionality will help in determining which branches or agencies frequently skip their series for whatever reasons. Number of spoiled and cancelled documents of branches and agencies are accounted. Policy distribution is maintained in this module. It can handle proportional and non-proportional treaties.

REINSURANCE OUTGOING

This module caters for the facultative distribution and generation of binders. Automatic computations RI commission and net premium. Inquiry program for ceded binders, comparative premium analysis. Reports like register per company, per line and per policy report layout. Before the expiry of the binder, this module can generate hold cover report or renewal notices.

REINSURANCE INCOMING

This module handles the incoming binders/transactions from other insurance company for all insurance line. It has inquiry program to check current binder information, production totals, treaty queries. Statistics per line and registers can be generated.

FIRE BLOCK CARD

Fire Block Card inquiry module refers to the fire risk exposures per block. It covers the fire direct underwriting transactions and fire incoming binder transactions. It has a block tagging to group two or more block (subject to one fire). It monitors block limit and retention.

CLAIMS

Claims module tracks the losses transactions and status of claims. Submission of document and requirements can be monitored. Adjuster and quotation information is being kept. It can handle multiple losses per claims transactions. Statistical reports such as loss profile and loss ratio can be generated. It has built-in workflow functionality and recovery. Claims status can be viewed in a click of a button.

COLLECTION and COMMISSION

This module generates official receipts and agent commissions. It can also monitor branch or agency remittances. It accepts multiple official receipts per policy and vice versa. Payments can be cash, checks, deposit slips and other forms of payment. Over payments can be applied to the next policy or remittances.

ACCOUNT PAYABLE and RECEIVABLE

Monitor A/P and A/R balances. It can print vouchers, checks, statements and aging analysis reports.

GENERAL LEDGER

Financial reports can be generated in this module. Chart of Accounts can accommodate unlimited levels. Monitoring of subsidiary accounts is also part of the GL system. Financial reports are parameterized and user-definable.