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The Administrator

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Designed to Evolve & Futureproof the Organization

The Administrator is a comprehensive, client-oriented, 100% online, real-time new business and contract administration system. The system processes all fixed, variable, traditional and non-traditional life, health and annuity insurance products.

Features

· Illustrations · Contract & Policy · Administration · Underwriting & Issue · New Business · Client Management · Agent Compensation & Licensing · Reporting · Claims · Group/Worksite Processing · Multi-Company Support · Intuitive User Interface · Fully relational data · 24x7 availability · Context sensitive real-time help · 100% SOA enabled · Product tools to create/enhance life, health, and annuity products

Subsystems & Interface Functions

· CMS (Compensation Management System) · Client Management System · Life & Annuity Claim Processing · Accounting & General Ledger Interface · Reinsurance Interface · Billing & Collections · Group Processing · Fixed & Variable Payout System · Policy Valuation Interface · Check Writing & Check Writing Interface · Re-Proposal & New Business Illustrations · Electronic Applications and New Business Submit · ACORD TXLife enablement · NSCC Clearing House Interface · Comprehensive Management & Customer Reporting · Case Management · Group Enrollment Automation

Insurance Products Supported

The Administrator is widely recognized as the industry's leading product processing engine. Product definitions are controlled by a database rather than programs. Product features can be varied and tested in a real-time environment with limited or no involvement from information services personnel. Alterations can be made and immediately tested to facilitate verification of product design concepts. The system can process hundreds of categories of product and processing features represented by thousands of variables that can be precisely defined to match marketing objectives.

Environment

The Administrator has been engineered to be independent of hardware, operating system, and database platform. The system has been deployed on a variety of hardware platforms; from personal computers and workstations to the largest mainframes. ANSI standard SQL is used to access policy, client, product, and agent information, so that virtually any world-class relational database package can be used. · Online, real-time architecture · No batch cycle · Platform independence · Database independence · Scalable · 24x7

Ready to learn more?

Learn more about our Policy Administration Products and how they can help your life, health and annuity processing.