SohamLife is a fully web-based core insurance application supporting the complete lifecycle of insurance operations, starting from registration of proposals to the final settlement of claims by way of death claim or maturity claim. Insurance software India It is a client-centric solution providing any Insurer with the required flexibility and scalability, coupled with a short time-span for implementation and deployment.
The solution provides easy mechanism to view the status of the Proposal/Policy/Claim details either by an Agent or by the Life Assured himself. The solution provides seamless integration between Underwriting, Claims, insurance software Reinsurance and Accounting departments thus avoiding data redundancy. The solution addresses global as well as country-specific operational, processing and reporting requirements.
Soham Life is a multi-currency and multi-lingual application. It is a fully integrated component-based solution supporting the core business processes, and data entered into one component like Underwriting is available on real-time basis for Claims, Product Management, Policy Management, Reinsurance and Accounts for further processing.
The solution makes full use of their parameterized approach for the configuration of complex insurance products. The externalization of parameterization rules allows changes to be quickly made without the need for any programming changes. Insurance management system Built on component-based architecture; so ham Life is highly extensible and customizable product. Leveraging on the JEE design, the solution uses “Plug & Play” along with Dream Tekis Service
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