Is that a bold claim? Maybe. But it’s true. Property/casualty insurance processing is all we do. And the Finys Suite does it all.
It’s all about the lifecycle. That’s why our policy administration module does everything from rating and underwriting to issuance and renewal for all P&C lines of business, providing a single system of record for all distribution channels. It really is that simple.
Our claims module ensures efficient accuracy because it has to. Using your policy rules and regulatory governance, it’s a controlled and agile environment in which to take in, process, adjust, and adjudicate claims. Think of it as automated loss mitigation.
By integrating with policy admin, billing directly processes new business, renewals, and amendments. By interfacing with payment gateways, credit card processors, EFT, and banks it ensures automation. With configurable payment plans, it cinches flexibility.
Processing capabilities without access aren’t worth much. So, we give agents, policyholders, and third parties 24/7 self-service capabilities through portals and mobile channels, improving agent retention and customer service while reducing service costs.
Raising configuration to the level of art, the Design Studio lets you design, configure, and manage the modules in the Suite. It lets more people perform tasks without IT intervention. And it ensures faster product development, deployment, and LOB changes.
According to a cliché, you can’t manage what you don’t measure. Our BI module helps you aggregate and analyze data, be more responsive to consumer demand and market opportunities, improve decision-making, and measure what you have to manage.
We don’t want our blog to be your garden-variety … well … blog. Since we’ve been around the industry for quite a while, and since we believe in cycles — from the cycles of life to the insurance lifecycle — we want to share what we’ve learned and what we think about this business we’re in. So, we named our blog Cycles. We hope you’ll enjoy it and share your thoughts with us.
If it’s not new, it’s not news. We’ll keep you up to date on all that’s new at Finys, including what we’re doing and where we’ll be.
Check back here frequently. You don’t want to miss anything. And we don’t want you to.