Comtec's TIS - Total Insurance System - is an extensive integrated general insurance software designed for insurance companies processing all personal and commercial lines of business
What is total insurance system?
Total insurance system is highly specialized software that provides end to end solutions for the insurance industry. It puts together the different aspects of insurance industry by using a single system platform. Information is obtained from a single data bank and is used to support the functioning of the entire range of attributes related to insurance industry. The different aspects that are dealt with the help of total insurance system are includes-
Customer management.
Underwriting of rule engine.
Billing and collection management.
Policy management.
Claims management.
Total insurance system therefore provides the insurance industry an inclusive package for the management of all the insurance activities.
Features and benefits of total insurance system
The total insurance system is customer centric. This means that the software for the system has been developed keeping in mind the needs of the customer. This feature of the system makes it user friendly and helps in building a positive rapport between the client and the insurer.
The system provides end to end insurance software solutions starting from the first report of loss to insurance claim. This further increases the efficiency of the process and increases the profitability of the firm.
All the attributes of total insurance system process on the information gathered from a common database. This makes the functioning of the insurance system error free.
The system has an inclusive structure. Planning and coordinating the functioning of the different modules of the total insurance process.
Although the system provides a comprehensive package but it is not rigid in nature and can incorporate changes as per the changing customer need.
The system provides maximum control over the functioning of the different modules involved in the insurance process.
Total insurance system is capable of cutting costs by enabling automatic rate and rule changes. It therefore does not need a programmer to set it as per the market response and customer preferences.
It increases the productivity of the firm as the time taken to open and close a claim application is lessened.
Total insurance system has therefore revolutionised the insurance industry by providing a state of the art technology that is capable of meeting the diverse and changing needs of the customer.
