Policy Management

Manage full policy lifecycle of transactions – Risk Rating, Validate, Issue & Policy Changes

  • Support multiple insurance companies across various product lines all within the same integrated system and database.
  • Integration with insurer black boxes or bespoke risk rating models for instant quotes.
  • View policies at any point-in-time. All changes are versioned as transactions. No data on issued policy transactions can be deleted or edited, preserving a verifiable audit trail.
  • Automated issue of new business policies, auto-renewals, auto-cancellations. Minimize manual intervention and leverage knowledge and expertise of human assets.
  • Rating Engine that accommodates various rate structures across all lines of business, resulting premium calculation at product, group, individual and risk category level for every transaction. Rates can be revised based on effective dates product and renewal date.
  • Policy Pack Management – System generates all applicable policy forms, including schedules master policy documents, statutory notices, how-to guides.
  • Integrate with external services like replacement cost evaluators, risk assessment services, credit bureau, financial services etc.
  • Policyholder self-service portal to verify cover, print policy documents and make payments.
  • Omni channel servicing across social media, web, e-mail and telephony reducing the average handling time

See just some of the features offered by Xealth

Policy Management

Manage full policy lifecycle of transactions – Risk Rating, Validate, Issue & Policy Changes.

Billing and Insurance Accounting

A full-fledged double entry accounting system to manage all policy and claims related financial transactions while also allowing for integration with 3rd party accounting systems..

Claims Management

Verify Policy cover status in real time. Manage reserves, loss payments & expenses at a claims feature level.

Client Management

A powerful customer service feature. Gain a 360 view of all client engagements across policies claims, group business, and products.

Disbursement Structures

Manage the disbursement of all fees included in each product premium across intermediary commissions, binder fees, re-insurance premiums, policy fees and VAPs.

Robotic Process Automation

Automate all the mundane processes within your organization with RPA. Configure your bot to emulate and integrate the actions of a human interacting within digital systems to execute a business process.

Business Analytics

Analyze your key business performance indicators through standard and customizable BI Dashboards

Policy Holder self-service portal

Policyholders can verify their cover, print policy docs, review claim status, review accounts & make payments.

Security & Compliance

Robust built-in security. Data in Transit is encrypted. OAuth/Single sign-on.

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Policy holder engagements per day
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Claims Processed
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Happy policy holders

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