LIFEfit Description
Flexible, parameter-driven product setup, policy designing, underwriting, servicing, and claims handling - no IT programming required. For the entire policy lifecycle, from quote to claim, supports unit-linked and traditional product line, both individual and group. Automated payment (direct, telegraphic transfer, or cheque print) for commissions and claims, with limits. All financial transactions, including detailed margin analysis, are double-entered with standard interface to corporate ledgers. Multi-language option, including Arabic, available to clients/users for both input screens as well as outgoing correspondence, including e-mail. Self-service by client/broker via the internet, including direct processing of new business. Workflow with RAG-rated individual operators "to do" lists and extensive monitoring.
LIFEfit Alternatives
InsureCert
InsureCert, a cloud-based insurance policy management system, is suitable for brokers, general agents, insurers, and managing general agents. InsureCert offers a central platform that allows users to create online shops, manage quotes, collect payments, and even issue property and casualty policies. InsureCert allows users to create white-label websites with custom landing pages. InsureCert offers a multi-rater pricing engine that allows users to create quotations and send invoices to customers instantly.
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Insly
Insly offers a complete suite of software solutions that are extensible and can be combined with your custom modules to simplify and automate all the tasks required to run a successful business. All the pieces you need: workflows, rating engine and document template editor. Also, an endorsement library and capacity management. The broker channel support is available right out of the box. APIs make it easy to create the best Direct-to-Consumer experience. Automate cookie cutter cases to automate new sales, mid-term policy modifications and automated renewals. All premium accounting taken care. All the management reports and bordereaux in one click. Create your own reports. To help your underwriters make better decision, pull in third-party data. Integrate with the rest your tech stack, modern or legacy.
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Phoenix
Anodas Software Limited offers the insurance Policy Administration System. Phoenix is a flexible and scalable software solution that can be used by Insurers, Underwriters and Brokers as well as Managing General Agents (MGAs), Claims Managers and Claims Managers. A modular platform that can be adapted to all aspects of insurance business management. Phoenix is suitable for P & C as well as General Insurance. It also supports multiple languages, currencies, taxation, and regulatory requirements. Clients, policies, and claims can be identified with minimal matching criteria using search facilities, which include wildcard and pattern searches. Search facilities allow clients, claims, and policies to be identified using minimal matching criteria. Client, broker, policy, or claim reference can all be accessed directly. The policy rating can include all client information, including marketing and lifestyle information.
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Verity
Verity is a comprehensive policy administration system that VRC Insurance Systems offers for P&C insurers. Verity is designed to meet the business requirements of program administrators, MGAs, and carriers allowing companies to consolidate software solutions onto a single platform and scale. Verity's features include built-in rating, policy issuance, claims processing, billing and accounting, online payment, batch renewals, insured portals, agent portals, carrier portals, API access, on-demand reporting, batch cancellations for non-payment, surplus lines, third-party integration options, and more. Services include custom development, training, data conversion, operational reviews, and system configuration. Contact VRC today to find out if Verity is right for you.
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Integrations
No Integrations at this time
Company Details
Company:
FIT
Year Founded:
1990
Headquarters:
United Kingdom
Website:
www.fitltd.com
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Product Details
Platforms
SaaS
Customer Support
Phone Support
Online
LIFEfit Features and Options
Insurance Policy Software
Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management
LIFEfit User Reviews
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