Insurance Policy Management System (PMS)

It is a platform that supports all insurance business lines and branches, while increasing the communication of all employees, channels and service providers.

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What are the General Functions of the Policy Insurance Management System (PMS)?

  • Effective Tariff Management
  • Quick Product Identification (time2market)
  • Proactive Market Penetration
  • Cross and Alternative Selling Opportunity
  • Effective Performance Management with Target Management
  • Special Product Development with Campaign Management
  • Ability to Define Smart Renewal Rules
  • Possibility of Proactive Solutions with Daily Sales Channel Profitability
  • Strategic Decision Making Opportunity with Scoring Management
  • Predicting Reinsurance and Policy Profitability at the Offer Stage
  • Developing Strategy with Management and Profitability Cube

Access to Real-Time Multidimensional Information with 360 Degree Decision Support Data Cube

  • Policy Monitor
  • Channel Monitor
  • Customer Monitor
  • User Monitor
  • Performance Monitor
  • Campaign Monitor
  • Seamless and Easy Integration with Insurance Companies' Core Insurance Practices and Regulatory Agencies
  • Multi-Language and Currency Option

 

E-BPM (Business Process Management System)

  • Intelligent authorization
  • To be able to monitor the performance of the interaction of employees and service providers between processes
  • Effective use of time with job assignment
  • Reducing operational costs with notification and reminder services
  • Continuous process improvement with real-time monitoring and measurements

What are the Advantages of Policy Insurance Management Systems?

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Fast Market Entry Opportunity

Product descriptions can be defined easily and in a short time with the marketing-based SFS Designer without requiring any software code changes. It has been produced by SFS for international use with a structure that can operate with different language and currency options.
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BPM Based System

All insurance and renewal processes can be designed with SFS E-BPM (business process management). In case of any strategy change, the system allows the user to easily make these changes.
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Customer Focused

Technological developments change customer expectations and demands. It is designed to achieve critical goals such as minimizing increased expenses, increasing revenue streams and modernizing legacy systems.
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Smart Refresh

SFS Intelligent Renewal System focuses on replenishment rates exceeding 100% as well as increasing negative market volatility (Negative churn rate); offers a business model that suggests how you can increase your renewal rates and profitability.
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Underwriting Success

It offers risk analysis and an optimized workflow developed to ensure profitability and focus on high-risk responsibilities in today's rapidly changing market.

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