Insurance Platform

With Universo and Isypol, we enable the management of life insurance business.

What is UNIVERSO?

The platform consists of two main parts:

  • FRONT END: offers a wide range of features for consultation, derogation management, administrative operations and communication management
  • BACK END: represents the application core for managing sales and after-sales processes.

What does UNIVERSO do?

UNIVERSO FRONT END

  • New issuing of financial and pure risk products Management of after-sales activities: settlements, additional payments, registry changes...
  • Consultation of the customer's position and monitoring of sales trends
  • Management of exemptions during issuing phase
  • Management of back office activities regarding document validation and payments
  • Administration functionality for the parameterization of documents and processes.

UNIVERSO BACK END

  • Management of core processes in the life insurance business, from the configuration of new products to settlements and payments (over 200 detailing processes supported)
  • Provision of transversal functionalities, such as the management of company reports, data quality and extraction to other systems
  • Possibility of managing all types of Life Insurance products: revaluable, multi-class, unit, pension and pure risk
  • Management of weekly and daily NAV investment processes, including for multi-fund products.

UNIVERSO FRONT END: benefits

  • Linear workflow that is integrated with consulting activities and regulatory checks (e.g. anti-money laundering, FATCA...)
  • Multi-company model using the same look-and-feel
  • Multi-channel distribution model
  • Reduction of process steps by 25% to 50%
  • Complete removal of paper documents
  • 36% decrease in the time taken by the Sales Network
  • 35% reduction in RUN and Change costs compared to specialized per channel Front End
  • 55% of new sales made on Internet channel.

UNIVERSO BACK END: benefits

  • Broad functional coverage to support entire policy lifecycle
  • Ability to support day-to-day operations of large-scale insurance portfolios
  • Scalable installation to meet the needs of individual companies
  • Full coverage of regulatory and compliance safeguards.
  • Possibility of interaction and integration with the main systems and external channels of the insurance and financial world, both in batch and SaaS mode.
ISYPOL

 

Tailor-made digital platform, optimized for the sale and management of insurance products - complex, modular, and micro-insurance - through processes that allow end-to-end oversight of the entire lifecycle of an insurance contract.

ISYPOL

Insurance Platform