UIS Policy Administration

The UIS Policy Administration, developed by Unplugg Group (Pty) Ltd, is a solution designed to streamline insurance policy administration processes. According to the vendor, this integrated platform is suitable for businesses of various sizes and caters to professions and industries such as funeral homes, insurance underwriters, and subscriber-based service administrators.

Key Features

Premium collections: According to the vendor, the product enables efficient and secure management of premium collections for insurance policies. It streamlines payment processes and ensures accurate tracking of premium payments. Additionally, it provides a secure platform for customers to make premium payments online. Automated premium reminders and notifications are also available to ensure timely payments.

Claims Management: The product facilitates end-to-end management of insurance claims, capturing and tracking claim information, including policy details, claimant information, and claim status. According to the vendor, it automates claim processing workflows, reducing manual effort and improving efficiency. It also generates claim reports and analytics for better insights into claim patterns and trends.

Communication: The product enables seamless communication between insurance providers and policyholders. According to the vendor, it provides personalized communication channels, including email, SMS, and notifications. It automates policy-related notifications such as renewal reminders and policy updates. Furthermore, it supports two-way communication, allowing policyholders to submit inquiries and receive timely responses.

Reporting & Analytics: The product generates comprehensive reports and analytics on policy administration and performance, providing real-time insights into key metrics such as policy sales, premium collections, and claim ratios. According to the vendor, it offers customizable dashboards and visualizations for data analysis and decision-making. It aims to enable data-driven insights to optimize business strategies and improve operational efficiency.

Integrated insurance policy administration: The product centralizes policy administration processes, including policy creation, modification, and termination, in a single platform. It manages policy details, coverage information, and policy documents. According to the vendor, it automates policy workflows such as underwriting, rating, and endorsement processes. Additionally, it integrates with other systems such as CRM and accounting for seamless data exchange and synchronization.