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Prise packs a set of independent and preconfigured components which can either be integrated as an end-to-end solution to support the insurance life cycle or as individual modules to fit the needs of your business.
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The Prise Policy module allows you to add accounts, create quotes and policies along with the administration of the policy and its processing.
This module is available and hosted as a Web application or can be hosted on the cloud. The Agent portal is integrated into the Policy Administration System to support Agents and Direct customers.
The Prise Forms module allows you to integrate your existing legacy system, based on your need. This is a built-in module within the product configuration module.
Speed up your existing policy processing systems by integrating with the Prise Rating module.
The Prise Rating module is built on the Drools platform and allows the maintenance of multiple rating tables without duplication. This module delivers faster response and improved performance due to the execution of rule-based rating steps, which in turn increases the hit rate and ensures better performance.
As multiple systems integrate with PRISE Underwriter, your business rules, regulatory rules, and user-specific rules can be configured in a single location and maintenance is made easy. The Prise Underwriter module is an independent module that offers the flexibility to integrate with any existing legacy system. This is also a built-in module within the product configuration module.
The Prise Reporting module allows users to generate the reports manually and also to trigger reports by defining the frequency of reports automatically. It also offers many standard reports and enables users to configure customized reports.
The Administration Portal in Prise allows the admin to define Carriers, Agents, Brokers, Distributors and their business information along with mapping their producers and products.
Insurers can also choose from any of the independent modules that include Underwriter Workbench, User management, Account management, Carrier Management, and Commissions Management.
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