The INSURANCE Suite

Software for Property & Casualty Carriers

Developed for customers in the United States, Finys products provide flexibility and high value.

Finys insurance product suite is built to provide a superior operating platform for the carriers of Property and Casualty insurance, both for Personal and Commercial lines of business. The suite is developed using leading edge technology platform and uses service oriented architecture (SOA). The ACORD XML compliant suite is capable of being deployed as a solution at the carrier site or as Software as a Service (Saas).

The modular, customizable product suite manages full policy life cycle, starting with new business acquisition to the renewals, underwriting, rate changes, amendments, bill generation, reconciliation, reinsurance and claim management. While processing the front office tasks, the suite keeps its back office functions in balance including financial and audit controls.

The user interface (UI) is highly modifiable. The built-in App Builder module allows quick implementation of changes to screens, and associated field/screen level validation.  With inherent ability to customize and support for the new lines of business, the product suite offers quick roll-out of  new products lines improving time-to-market.

Integrating this suite with third party products is quick. With the core architecture and the framework, Finys’ suite is able to integrate with many industry standard web services.
The product suite uses thin client web browser for deployment, allowing for ease of hot fixes and upgrades. The Service Oriented Architecture (SOA) facilitates interoperability between modules.

With support to multiple lines of business, agile integration points with third party products, ease of integrating new features and business rules, and the associated controls makes the product suite a superior product built using leading edge technology.

Modular: The service oriented architecture allows for the modularity of this suite. The ground-up build-up of the system has separated the application in five core modules – inPOLICY, inRATE, inBILL, inREINSURE, and inCLAIM.

Flexible: The insurance suite is developed with third party products in mind. The framework surrounding the functional modules allow for interface with third party services and third party applications using web services. The ACORD compliant XML schemas offer open access quick quote products.

Customize: The APP Builder service and its associated interface with business rules, allows for quick customization of screens and associated conditional validation and reports. Highly customizable rules engine in each module allows for business specific installation of the suite. With this level of customization available, it is easy for the carrier to create new lines of business and bring them to market in a short period of time.

Configure: Each insurance carrier has the opportunity to create a unique solution. This solution can be created by configuring out-of-the box product or by using configurable software as a service (SaaS) product. The insurance Framework along with the Service Oriented Architecture (SOA) allows for quick configuration of the product from pre-built templates.