FPAS is an End-2-End Transaction system that can fill up the multiple gaps of Core Systems. This complements the existing CORE system through
Robust rating engine capable of handling complex pricing algorithms with Automatic premium calculation and Business rules maintenance
Simple & Flexible Web architecture enable the system to suit the needs of any insurance company to facilitate the fast-changing market demands through configuring and roll-out new products at ease
Quick quote generation through capture of required risk information in multiple info blocks presented in a simple, easy to understand tab format
Dynamic system that handles the complex aspects of intermediary management including onboarding of agents / Brokers and tracking the licenses and appointments as well as intricate and diverse commission calculations and pay-outs
This is specific to Motor (Auto) line of business, where there is a need of vehicle inspection. The same can be achieved in this platform along with a robust inspection report.
Comprehensive CRM deals with Client Management, Contact Management while giving a snapshot of data on a customer or at an account-level view and provides utilities that streamline the communication and management of customer data
This modern Workflow Management has Processes integrated into workflow and has streamline routine business processes for optimal efficiency with Role based accessibility, User Reassignment, SLA Indication and workflow pattern flexibility
Our integrated PAS for P&C brings onboard a functionally rich features to enable insurers increase the ROI on their CORE systems. FPAS has come into existence by virtue of in-depth expertise in both technology and business. It is an industry-leading suite of software that includes rating, rules, product definition and configuration as well as product templates and intermediary support & management tools.
FPAS aims to achieve to put in place a strong transaction system which can complement CORE systems, thereby adding value to the existing IT investments and increase the multiple delivery models—capable of effectively supporting today’s demands yet be flexible enough to meet the evolving needs of the market. FPAS is designed to provide insurers a PAS Software with independent but interoperable modules that cover all core PAS functions.