mZapp Insurance Policy Administration System (PAS) offers you a comprehensive enterprise class solution to meet the challenges of complex and frequent changes in the Insurance industry. It is developed based on an in-depth research and analysis on every activity of the policy issuing process. It will provide an integrated solution to manage products, sales, clients, policies, claims, documents, resellers and accounts transactions in a single package. Some of it's salient features are:
- Configurable layout options to customize the look and feel of the application
- Works with multiple companies / products and related business rules
- Modular architecture that facilitates modification / removal of modules without any significant downtime
- Records payments and tracks payables for Agents, Brokers, Dealers, DSAs and other POS outlets
- Sub-second page loads that is one of the fastest of its kind in the industry
- SSL capable portal that can instantly connect to secure pages on known global standards
- Works on a cost-effective platform, which helps in reducing the Total Cost of Ownership (TCO)
- Admin
- Creates role based access control for different groups of users
- Creates multi-level organization structure
- Creates a designation tree for the entire organization
- Sets the sharing access between the designations
- Sets the record level access control for all the tasks
- Sets the field level access control for all the tasks
- Backs up and restores the database
- Maintains details of insurance companies and its branches
- Handles various types of insurance products
- Configures additional premium details which can be mapped to the insurance products
- Maintains insurance related configurations
- Creates Policy Checklist and Claims Checklist
- Generates various kinds of reports for the administrator.Some of the sample reports are:
- User Log report
- Role based privilege report
- Active/Inactive user report
- Claims Management*
- Tracks and controls the progress of each claim, ensuring that, they are on schedule
- Handles multiple lines of insurance claims
- Maintains historical record of all claims
- Tracks the claims status till the completion of necessary actions
- Generates various kinds of reports for the claims manager. Some of the sample reports are:
- Total Client wise claims report
- Document Checklist report
- Claim Status report
- Accounts Receivable and Payable
- Accounts Receivable
- Reconciles the Brokerage Amount, Tax against the received cheque from the insurance companies
- Maintains multiple brokerage cheques in a single receipt entry
- Maintains multiple status for brokerage payments
- Facilitates partial brokerage payments from the insurance companies
- Generates tax bills
- Prints complete transaction details, including the details of receipts and keep a complete transaction history
- Facilitates the viewing of receipts by bank range, customer range, receipt status, transaction type, date range, year range, and receipt number range
- Reconciles the brokerage amount against policies and endorsements
- Provides status based receivables history
- Accounts Payable
- Calculates and facilitates referrer payments
- Provides transaction detail reports by referrer, by expense,by cost centre, etc.
- Generates various kinds of reports for the accounts manager. Some of the sample reports are :
- Brokerage Collection report
- Tax report
- Referrer payments report
- DMS
- Facilitates document access with minimal clicks
- Stores your key documents in custom folders
- Facilitates the document search using keywords
- Reports & Dash board
- Generates reports with real time information for informed decision making through an intuitive report wizard
- Provides flexible options for exporting reports to various file formats such as pdf and xls
- Generates summary reports with subtotals and other summary information
- Provides multi-module reporting capability to analyze critical business activities
- Provides graphical representation of reports like bar graphs and pie charts
- Robust and Scalable enterprise class solution
- Deployment over the internet for global access
- Built with Web 2.0 standards
- Multi user operations built with cutting edge technology
- Reduces manual intervention
- Reduces transactional costs
- State of the art User Interface for end-user satisfaction
- Facilitates collaboration across your team
- Increases your customer service levels
- Provides greater control over routine activities
- Context-sensitive help
- Provides vast library of reports
- Exports reports into xls and pdf format and print reports instantly
The admin module provides the interface to setup and manage the insurance broking process. It is the place to create and administer users, and assign permissions to them. It also provides facility to set and tweak configurations related to Insurance. Admin module does the following:
Claims creation, tracking and management forms a part of the core general insurance broking process. It simplifies the cost of processing, handles damage and shortage claims. It unifies the tedious, error prone processes tied up with claims. The software handles all areas of claims management including claimant information tracking, damage inspection information and claim settlements. Claims Management module does the following:
The Accounts module includes: Accounts Receivable and Accounts Payable with extensive reporting capabilities.
Accounts Receivable represents brokerages that have not yet been collected from the insurance companies. With Accounts Receivables module, you can manage your fund flow by keeping track of outstanding receivables. Accounts module does the following:
The Accounts Payable manages all payables including the administrative expenses. It does the following:
This module helps in organizing, managing and keeping track of documents so that you can find them when you need them. With this module, you can create and maintain a document repository, quickly search and retrieve documents.DMS module does the following:
Reports is a web-based analytical solution with unlimited report generation facility. It helps you create reports on the fly by connecting to the databases. You can define the structure and the way it is displayed. Other options include filtering, sorting, grouping and summarizing. You can then save it with a name of your choice. This report can then be regenerated by altering one of the parameters. For instance the date can be a parameter of sales reports. This tool can be used to generate any kind of report that is needed for the enterprise. Reports module does the following:
Benefits
Following are the key featrures of the mZapp Insurance Broking software that benefits the customer: