iSmart - Digital Platform for Insurance Brokers
Overview
The iSMART Digital Platform is a comprehensive solution designed to support business transaction management and streamline processes for General Insurance Intermediary Business. It integrates various functionalities to manage end-to-end operations efficiently.
Core Features
1. Business Transaction Management
- Comprehensive digital platform tailored for General Insurance Intermediary Business.
- Manages end-to-end direct processes seamlessly.
- Integrates email and electronic filing systems within the platform.
2. Key Functionalities
- Product Setup / Commission Setup: Facilitates the configuration of products and commissions.
- Quotation, Policy, and Renewal Management: Manages the lifecycle from quotation to policy issuance and renewals.
- Accounting Module: Creates Accounts Receivable (AR) and Accounts Payable (AP) transactions; Handles settlement processes, including partial and advance payments and receipts.
- Commission Module: Generates commissions for the respective parties involved.
- Transaction Reconciliation and Reporting: Ensures accurate reconciliation and comprehensive reporting of transactions.