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.

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?

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.

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.

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.

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.

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.