Billing Set-up

A core element of our complete insurance policy management system

Billing Set-up

Integrated benefits:

  • ​Invoiced and written premiums.
  • Commission due or pro-rata premiums for endorsements, instalments and renewal handling etc.
  • ​Common interfaces are available to handle payment matching, collection assignments and approved payments via transfer mapped to format used by banks all over the globe.

Flexibility benefits:

  • ​Single bill, multiple policies.
  • ​Following up on payments.
  • ​Aging of outstanding premiums by line of business, customer, brokers etc.
  • With/out re-insurance.
  • ​History of all policy and proposal versions.