insureqlik - modern insurance software
TRANSCRIPT
InsureQlik
Insurance software for carriers of all sizes.
Bilytica Pvt LTD.
www.bilytica.com
A product of
Insureqlik
www.insureqlik.com
"Insureqlik has helped our agency to achieve150% of
our annual revenue target—without having to hire any additional staff“
Inam ul Haq Khan, CPE , Galaxy Insurance UAE
InsureQlik04
• Founded in 2007, headquartered in Melbourne, Australia. 8 Offices world-wide, with staff of 300 Engineers building enterprise products & Services.
• InsureQlik Suite is an insurance software platform that includes components for policy, rating and underwriting, billing, claims, print, agent and policyholder portals, and much more.
Few prominent Clients
• Galaxy Insurance
• NAJM for Insurance
• Central Bank Saudi
Arabia (SAMA)
• Nordea Bank
• Nokia
• Shell Saudi
• Walmart
• Government of
Pakistan (2,000
education institutes)
• Coca Cola
• Integrys Group
• Australian POST
• Audi USA
• University of
Dammam
• Viasat Sweden
• Astral Canada
• Mobily Saudi Arabia
• State bank of Pakistan
+ 100’s more
Vision
InsureQlik Advantage
Increase Revenue• increase personal lines closing ratio with
real-time auto, home, and flood quotes
• Increase sales of complex commercial lines
with the industry’s most comprehensive
reference tools Complete benefits plan
information allows you
• to round accounts with voluntary coverages
and cross-sell across lines of business
Increase Profitability• Integrated technologies mean
your systems do more of the
work. Your agency gains
efficiencies and becomes more
productive.
• Sell and service faster with key
information at your fingertips
• Quote and bind policies without
having to re-enter data
• Reduce training time for new
staff with Quick Navigation
which elegantly guides users
through complex business
processes
Retain Customers• System alerts so you can proactively reach
out to your customers
• Access to content from leading publishers,
so you stay current on industry trends and
insurable risks
• Access to content from leading publishers,
so you stay current on industry trends and
insurable risks
InsureQlik Modules
04
Policy Administration
Claims Administration
Accounting & Billing Administration
CRM
Document Manager
Data Exchange Management
Compliance Forms Tracker
Debt Management
Rules & Underwriting Management
Manage Your business
04
Tools you need to successfully manage your business
• Reduce E&O exposure and help to defend against claims, if claims arise
• Manage licenses to ensure staff are licensed and authorized to sell what
they’ve quoted—proper licensing means proper commissions and timely
payments
• Make data-driven decisions with dynamic, customizable reports and
dashboards
• Advanced accounting with no month-end processing, so your books are
always in balance
Anywhere, Anytime Access
Empower your staff to interact with insureds when, where, and how they want
• Securely access information online. Hosted in the cloud, your systems and
data are accessible by agency staff anywhere they have an internet
connection.
• Whether you are on-site at a customer location or your office is closed due to a
disaster, staff have secure access to the information they need to be
successful,anywhere, at any time.
One Screen – Fewer Clicks – Happy CSR’s
InsureQlik Insurance Solution Footprint
Integration & Collaboration: Insurance Application Integration and Architecture, Business Process Bus
Technology Foundation: Database, Fusion, BPEL, Security, etc
InsuranceCRM
New Business&Underwriting Desktop
InsuranceRating & Illustration
Policy Admin
InsuranceBilling
Insurance Claims
ERP
Customer Communication Management: Applications, Industry Forms, Policy Issuance, Client Communications, & Claims Correspondence
Platform Solutions: MDM | Insurance BI Applications | Compliance | Enterprise Risk & Performance Management
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Insurance Data Exchange: Data Exchange between Carriers, Distributors, & Service Providers
General Agency: BGA Office Automation
InsureQlik – Insurance Group Life
• Supports all mainstream group life products, sales channels, and whole life
• Cycle functionalities in an All-In-One manner
Finance
Invoice
Ins.System
BrokerOffice
AutoClaim
GeneralSystem
Traditional agents, affinity group, broker, group insurance sales team and others
Sales Channels
Traditional (with or without participating) whole life and endowment, accident, medical, annuity and others
Products
Product definition, new business/quotation, underwriting, customer/policy servicing, claims, renewal, billing/collection/payments, general ledger, re-insurance, sales channel management, document/image management/workflow, reporting, letters, printing and sales force automation
Functionalities
InsureQlik
InsureQlik Broker Office – Solution for Brokers
• Suite of sales automation tools needed by insurance agents or any distributionpartner‘s salesperson. To be used stand-alone or as part of either InsureQlik Life System or GeneraI System
Finance
Invoice
Ins.System
BrokerOffice
AutoClaim
InsureQlikGeneralSystem
Traditional agents, affinity group, broker, group insurance sales team and others
Sales Channels
All Life and non-Life products defined in the related policy management system be it either InsureQlik or any other connected system
Products
Quotation, sales illustration, customer management, sales activity management, training management and others
Functionalities
InsureQlik Auto Claim – Solution for Claim Handling
• Online collaboration software for motor insurance claims processing
• and management
Finance
Invoice
Ins.System
BrokerOffice
AutoClaim
GeneralSystem
Traditional agents, affinity group, broker, group insurance sales team and others
Sales Channels
Improves motor claims results by reducing experience, speeding up closure, and improving claims ratio
Products
Leverages internet and digital camera technology to connect all parties with full information available to work together on motor insurance claimsWith its flexible workflow and powerful analytical tools, it further enables insurers to adjust business changes and improve performance effectively and flexibly
Functionalities
InsureQlik
Business Functionality
Sales Channel
Mgmt
Policy Management
ClaimsMgmt
Billing &Collection
Product,
Formula
& Rule
Mgmt.
Party Mgmt
RiskMgmt
Insurance Functions
Business Functionality – embedded in a complete Architecture covering all Insurance Needs
Sales Channel
Mgmt
Policy Management
ClaimsMgmt
Billing &Collection
Product,
Formula
& Rule
Mgmt
Party Mgmt
RiskMgmt
Business Infrastructure Technical Infrastructure
General Ledger
Reporting
Document Mgmt
Enquiry
PersonalNotes
Letter Mgmt
Authority Mgmt
Authorization
Process Management
SystemUtilities
BatchScheduler
System Administration
Integration BUS Integration BUS
Insurance Functions
Basic Draw
GIRO Extraction
Credit Card Extraction
CPF Extraction
Extracts policies with due dates ≤ 30 days
Premium Notices
GIRO Pre- Deduction Notices
GIRO Preliminary Report
Credit Card Billing Report
SSS Billing Report
On Scheduled DatesOn a Daily Basis
Billing Process
Value of InsureQlik
• Business agility/flexibility• Flexible business rules definition
• Combining rules to offer innovative products
• Reduces time-to-market for new products
• Customer loyalty/acquisition• Offers complete relationship View
• Provides real-time information
• Rapid growth• Enables horizontal and vertical scalability
• Eases post M&A integration
• Operational efficiency• Lowers operational cost
• Increases automation and STP
• Service oriented architecture• Encapsulates over 1000 services
• Delivers BPEL based process orchestration
• Eases interfacing/integration with external systems
• Real-time, 24x7 capabilities• No redundant processing
• Eliminates memo posting reconciliation
• Reduces manual exception processing
• Technology• Enhances maintainability and lowers IT costs with
contemporary, industry-standard technology
• Leverages platform and database independent
Most comprehensive range of applications
• InsureQlik as Strategic IT partner rather than technology vendor
• Single point of responsibility for total solution
Best of Breed & Pre-integrated Components
• Best-in-class functionality to solve business problems
• Pre-built and sustainable integration – reduced TCO and complexity
Business Process-driven transformation
• Alignment of IT strategy alignment with business priorities, with immediate business impact
• Enabling evolutionary transformation of legacy infrastructure
• Strategic enablement of standardization and consolidation
Strong commitment to open standards and interoperability
• Ease of integration with third party and legacy solutions
• Evolutionary transformation to SOA
Strong delivery capability with domain expertise
• Risk mitigated project delivery with strong track record of success
• Strong relationships with leading System Integrators to deliver complete solutions and risk mitigation
Strongly Differentiated Value Proposition
Thank You
We can be reached at following addresses
Websites:
www.bilytica.com
www.insureqlik.com