• Every insurance product is configured through parameter-driven business rules, by the end-user
• Inheritance of product business rules to manage versions – for simplified insurance product rationalization and maintenance
• Differentiate your insurance products from your competitors

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Business Challenge: Complete Business Integration
Integrate the entire business, eliminating the costs of multiple systems.

The ALIS Solution:

• Manages the entire lifecycle of Life insurance, Pension and Investment - for Individual and Group clients
• Supports diversified insurance products including: Term, Endowment, Unit link, With Profits, Bonds and Pensions
• Supports a wide range of covers, benefits, contribution types, internal & external funds and investment portfolios
• Full multi-company, multi-currency and multi-brand support – Facilitates migration of acquired portfolios

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Business Challenge: Superior Client Service & Productivity
Customer-centric management, enabling self-service and integrated workflow for increased productivity.

The ALIS Solution:

• Total view of client’s portfolio – Customer centric approach to business administration
• Client level management of information – Avoids duplication and inconsistency
• Integrated workflow with automatic reminders and follow-ups – Nothing is forgotten
• e-Business enabled – Facilitates self-service by advisers / clients and supports straight through processing using a single set of business rules to ensure consistency
• Effective dating – Removes the need for time consuming reversal and re-application of transactions

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Business Challenge: Reduced Operating IT Costs
Simplification and modern architecture to reduce IT costs.

The ALIS Solution:

• Parameterized product rules, workflows and compliance rules – Minimize the need for expensive and time consuming software changes
  Timely processing of post-dated activities including auto wind back & forward of back-dated activities.
• Comprehensive scope – Simplifies the organization's technology requirements and facilitates system rationalization
• Modern application architecture – For more flexibility and simplified integration with external systems

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Business Challenge: Group and Individual Risk Management to Comply with Ongoing Regulatory Changes

The ALIS Solution:

• Innovative value-driven enterprise risk management software – to meet business needs and compliance requirements
• Enterprise group and individual risk management software solutions address every facet of the business - product configuration, quotation and illustration, policy alterations, underwriting, billing and collection, Insurance claims and exit processing

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Business Challenge: Policy Administration and Superannuation Software - all in one

The ALIS Solution:

• "One-stop-shop" for policy administration and superannuation (retired annuity) software - providing solutions for the accounting, investment and reporting requirements for every administration provider
• Quick and easy, user-friendly policy processing, yet still capable of dealing with the most complex processing needs
• Keep costs down – our solution enables you to work efficiently and accurately to save expenses

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Business Challenge: Insurance Investment Solutions

The ALIS Solution:

• Insurance management software geared for money managers and individual investors
• Software allows for managing investment assets
• Asset investment management solution includes investment policy statements for individual financial planning and investment management clients - enabling them to calculate, compare, and implement the mix of asset investments that they feel is best for them.

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• Learn more about our flagship product - ALIS

• Download ALIS Factsheet (PDF)