The ID3 Policy Administration System

In today’s market, bottom line results are essential and timing is everything. You need a technical solution that allows you to seize market opportunities swiftly and efficiently, while giving you the functionality to streamline your operations.

The ID3 policy administration system allows you to keep pace with market demands by facilitating rapid product deployment. And, the inherent automation capabilities of ID3 allow you to capitalize on operational efficiencies that will boost your profit margins.

A Straight Through Solution

ID3 is a complete life, health and annuity policy administration system fully integrated to support every step of the insurance value chain in a straight through processing environment. Supported and integrated functionality includes:

  • Electronic application
  • Advanced underwriting
  • Complete policy administration
  • Contact management
  • Billing and premium
  • Agency management
  • Claims administration
  • Web access to policy information for agents and policy holders
  • Reinsurance
  • Automated document generation and management
  • Imaging and document management
  • Regulatory and financial compliance

Speed-to-Market

Strategic insurers recognize the need to rapidly seize new market opportunities. With the ID3 system, you can accelerate your response to emerging opportunities. Its table-driven architecture allows your business users to quickly establish and test products in a real-time environment so you can get products to market before your competitors do.

Business Process Transformation

The efficiency and quality of your business processes most definitely impacts your bottom line. Because ID3 is a relational database, you eliminate time wasted by duplicate data entry and minimize the risk of errors. In addition, the integrated functionality and rules driven structure of the ID3 system allows you to take advantage of inherent automation capabilities and re-engineer your business processes. As a result, we find many of our clients are able to significantly increase business without adding staff.

We welcome you to see for yourself how the ID3 system can help you meet your strategic and operational goals. For more information, please contact us.

Would you like to take advantage of the robust functionality of ID3 without the hardware expense? Read more about the ID3 Application Outsourcing arrangement.

Looking to seize new market opportunities, but can't afford the risk of acquiring new technology and personnel? Life and Annuity Business Process Outsourcing could be the best fit for you organization.

ID3 Case Studies

 

 
  Site Map