Policy Administration Module
Beyontec Suite’s Policy Administration Module is a workflow driven solution that includes all the features required to quote, bind, issue, endorse, cancel, reinstate, rewrite, and renew policies. The Suite’s powerful business rules and rating engines compliment the module, allowing insurance companies to go-to-market with new products quickly and efficiently.
Each feature of the module provides the specific functionality needed to support your business – the way you to – giving you the independence and freedom to adapt to market trends and requirements with greater speed and agility.
Beyontec Suite’s workflow, rating, and business rules engines work together to automate the process of providing optimal, real-time quotes based on customer specific needs.
Beyontec Suite supports multi-channel operations allowing customers to be served through branch offices, self-service kiosks, or the online customer portal.
Beyontec Suite supports digital signature and paperless transactions for faster policy issuance.
Centralized Automated Rating
Beyontec Suite includes robust rating definitions to support even the most complex rating algorithms. The automated rating process is available across all lines of business and all delivery channels.
Beyontec Suite offers dynamic dashboards that provide a single-screen view of customer policy details, historical transactions, billing information, and more.
Beyontec Suite’s business rules engine allows insurers to set automated approval limits using the maker, checker, and approval model.
API Library (Third Party Integration)
Beyontec Suite provides a set of pre-built APIs that streamline automation across external systems for real-time quote and application processing.
Beyontec Suite allows agents, brokers, customers, and underwriters to obtain comparative quotes for multiple coverage and deductible limits. Customers choose the most suited policy for their needs.