U-SAFE Insurance Company–Sale and Recordkeeping of Insurance Policies

Annotation «Insurance Company–Sale and Recordkeeping of Insurance Policies» is a program complex based on 1C: Enterprise 8.1 platform, providing insurance operations recordkeeping, insurance documents workflow and acquisition of analytical information by insurance companies. «Insurance Company–Sale and Recordkeeping of Insurance Policies» provides insurers and intermediaries with the ability to automate settlements to provide a unified and ordered report. The additional modules of «Insurance Company–Sale and Recordkeeping of Insurance Policies» enable to organize efficient work depending on the company requirements.

Preparation Time Main Tasks Maximum coverage of standard insurance operations Providing high performance during operation Creation of the accompanying interface system, which enhances employees productivity Modular principle in establishment of additional blocks The opportunity to develop software complex functional taking into consideration peculiarities of business processes in any insurance company.

Exemplary Installation Functional Insurance contracts recordkeeping, co-insurance Automatic tariff calculation Registered high-security forms recordkeeping Loss adjustment

Exemplary Installation Functional Settlements with contractors Calculation of reserves Distributed database Direct compensation for losses

Interface There is created user desktop in the system including interface functional opportunities and additional mechanisms.

Desktop The desktop is created with the use of all 8.1 platform functions. It provides: Displaying documents in a graphical form Search in client database Quick search for documents

Insurance Contracts Record Insurance contracts recordkeeping is distributed by the main types of insurance. It provides opportunity to keep information and categorize any document subject to insurance peculiarities. Distribution of documents by insurance types provides opportunity to reduce the time spent on entering information into the system. Auto Insurance Personal Insurance Life Insurance Voluntary

Insurance Products Insurance products are intended to preserve insurance terms. Insurance products are provided with: Object-risk model (collection of insurance and risk objects types) The collection of forms used in a contract Possible insurance events Insurance contracts features Object-risk model provides opportunity to set available parameters for insurance. It eliminates the possibility to enter wrong information when concluding the contract and claims settlement. The insurance products themselves have insurance products editions providing preservation of insurance terms after a certain time.

Insurance Products Insurance Contract Insurance Product – to the present Edition No.1 Forms Object-risk model Features Edition No.2 Edition No.3 Forms Object-risk model Features Forms Features

Conclusion of Contract Insurance contracts are divided into types and forms: This section provides opportunity to set interface, mechanisms, functions and information preservation structure depending on the recordkeeping peculiarities and type of insurance. Auto Insurance Personal InsuranceLife Insurance Voluntary

Conclusion of Contract Insurance contracts are divided into forms: The contract activity changes depending on its form. There appear additional submenus and functions or, on the contrary, restrictions. For example, the menu to show assets returning to the insured becomes active when a contract is terminated. When the contract is prolonged association with the previous contract is shown. Original Changing terms and conditions Termination Prolongation General

Conclusion of Contract The additional functions are created in insurance contracts. The additional functions are created in insurance contracts. Search contractors by details Search contractors by details Search transportation means by details Search transportation means by details Automatic distribution of the payment plan Automatic distribution of the payment plan Automatic bonus calculation Automatic bonus calculation

Additional functions provide opportunity to enter information quickly, reduce the time spent on entering information, facilitates work with documents. Search contractors by details Search transportation means by details Automatic distribution of the payment plan Automatic bonus calculation Improves information quality Reduces the time spent on entering information Reduces the time spent on entering information Reduces the time spent on entering information Reduces the time spent on entering information Conclusion of Contract

Additional Functions All types of insurance contracts have additional functions: Presence of intermediaries and addition of commissions Use of payment plan and tracking debts Creation of additional features Use of automatic tariff calculation

Payment Plan Payment plan is introduced when concluding contracts by installments that will automatically distribute payments by periods.

Contract Specifics Created opportunity to enter contract specifics in order to keep records of insurance contracts by analytical sections This specifics is entered while configuring unlimited number of insurance products and incorporates any data. Allows to perform the following: To setup analytical sections without modifying the software To use specifics in reports

Created opportunity to set the tariff calculation for any insurance contract through preparation of calculation factor for insurance contracts Mechanism has been realized by means of calculation clauses terms and calculation formula. Complex calculations are built more easily using these clauses. This mechanism allows to perform the following: To automate insurance tariff calculation To use the periodic calculations versions To set the automatic calculation of insurance payments without modifying the software Automatic Tariff Calculation

There is an opportunity to automatically calculate the tariff by subsequent configuration of prices in insurance contract for any risk set for calculation of insurance contract. During calculation values are selected for factors set on coefficients. After performing calculation automatic filling of the insurance payment and tariff is made in insurance contract according to the formula. Automatic Tariff Calculation

Forms Recordkeeping The following documents are used in registered high-security forms: Forms Recordkeeping Input Relocation Disposal Contract These documents reflect all variations for relocation of forms. Three types of registration forms have been prepared: Quantitative record Numerical record Status record Proper audit that doesn’t allow to perform invalid operations is carried out depending on the type of record.

The forms recordkeeping performs the correct download of forms. Forms recordkeeping by status allows to get information on location of forms and history of their status as well as to halt invalid operation. Forms Recordkeeping

Audit in registration forms: In quantitative records: Number of departments within organization In numerical records: Number of departments within organization Availability of forms with given numbers and serials In status records: Number of departments within organization Availability of forms with given numbers and serials Availability of forms with certain status This block allows the following: To automate the process of forms recordkeeping To track any time the location of the form and its current status To keep one of three records depending on the type of form To use the of form status history in reports Forms Recordkeeping

The mechanism for uploading the initial remainders has been developed in order to effectively deploy the product «Insurance Company – Sales and Recordkeeping of Insurance Policies». This mechanism is universal and relevant to any data storage structures. The upload in Microsoft Excel is supported. Forms Recordkeeping

Loss adjustment block consists of particular documents : There is an opportunity to use more than one insurance contracts during loss adjustment for insurance deal. ‘Elementary risks’ shown in insurance deal are used while setting the insurance products and concluding insurance contracts. Insurance Loss Assessment Insurance Claim Payments to Insurer Loss Record

When the insured is applied “Application about Insurance Event” document is created. Information about the insurance event should be filled in the document. There exist special insurance events taking into consideration preservation of the required information for all types of insurance and peculiarities. “Loss assessment” and “Claim Report” documents can be created in unlimited quantities for each insurance process. Payments to the customer are shown in separate submenu in policy. It confirms insurer’s responsibility and is a basis for payment. Loss Record

The following are taken into account during loss adjustment: The payment of insurance contract fee The amount of franchise Limitation of responsibility The sum of insurance fee The term of the contract Loss block allows: To perform workflow including mutual settlements To keep the data significant for this type of insurance To notify the users on the results of the audit To build up a base for calculation of reserves

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