TIS

The Total Insurance System (TIS) by Comtec is a comprehensive end-to-end insurance package designed to streamline and optimize the operations of insurance companies. According to the vendor, TIS is suitable for insurance companies of all sizes, from small enterprises to large corporations. This solution caters to a range of professionals and industries, including insurance companies, underwriters, policy administrators, claims managers, and billing and collection managers.

Key Features

Product Builder: According to the vendor, users can easily configure property and casualty (P&C) lines of business from scratch or import existing lines using a cutting-edge toolset, without the need for programming.

Smart Rater: The vendor claims that this back-end rating engine and business rules configurator operates seamlessly behind agent and customer portals, providing accurate business logic and number crunching capabilities.

Policy Admin: The vendor states that this module is a production-proven policy administration system for P&C lines, seamlessly integrating with third-party billing and claims modules. It efficiently manages and controls various policy activities such as new business, endorsements, renewals, cancellations, and reinstatements.

Insurance Products Generator and rating tool: According to the vendor, this module allows users to effortlessly generate and rate insurance products, covering both personal and commercial lines of business. It draws information from a single instance database and a business rules repository for enhanced efficiency.

Billing and Collection management: The vendor claims that this module streamlines the billing and collection of payments, handling cash receipts and disbursements. It supports multi-company, multi-currency, and multi-lingual systems, ensuring seamless financial operations.

Claims management software: According to the vendor, this module effectively manages and controls the entire claims process from start to finish. It seamlessly integrates with other system components for a streamlined workflow, ensuring efficient claims tracking and processing.

Agent commission management: The vendor states that this feature-rich module accurately manages and tracks agent commissions. It calculates and disburses commissions, providing transparency and efficiency in commission management.

Reinsurance accounting and automated underwriting systems: According to the vendor, this integrated module simplifies reinsurance accounting processes and automates underwriting tasks. It streamlines reinsurance and underwriting operations, enhancing overall efficiency.

Customer management: The vendor claims that this comprehensive module effectively manages customer information and interactions. It allows users to track customer policies and claims, and gain a centralized view of customer data for improved customer service.