Product Screenshots
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Diversified Product Classes
Supports Group Term Life, Disability, Personal Accident, Medical & Dread Disease
Diversified Distribution Channels
Supports Agency, Bancassurance & Brokers channels
Customer Retention
Focus on Customer Centricity with Customer view & Client ID based
Flexibility & Fast Deployment
Possess Comprehensive Parameter Driven for Business / process rules & formulae defined
Fast Adaptation To Environment
Capability to respond quickly to meet the ever-changing environment with its well-defined architecture

The comprehensive Group Life administration system that supports different product designs to cater for different needs of corporate customers. It has a high degree of fit to meet flexible product’s needs with a fully functioning administration platform.
PrecentiaGroup has demonstrated great reliability to support unorthodox product designs in the group business.
Product Description
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Product maintenance
- Group Term Whole Life, Disability, Personal Accident, Medical & Dread Disease
- Centralised intelligence for all modules
- Comprehensive parameter / formulae maintenance
New business
- Electronically transferred of quotation to proposal module
- Calculates all members' premiums
- Presentation proposal / quotation
- Underwrites substandard cases and load premiums
Policy servicing
- Supports comprehensive minor & financial alterations
Claims
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- Supports claims on
- - Death
- - Total & Permanent Disability
- - Personal Accident
- - Dread Disease
- - Medical based reimbursement/cash simple and comprehensive benefits
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- Supports additional/accelerated types of claims
Disbursements
- Payment of claims & channel compensations
- Refund of payments due to alterations
- Centralized disbursement for all modules
Intermediary Management
- Generate commission
- Registration of intermediaries
Renewals
- Generate inforce schemes for renewal
Reinsurance
- Supports Treaty RI
- Generates profit commission & claim recovery
Accounting
- Generate GL entries
- Integration with 3rd party Accounting software