ARIMA PROFILE AND PRODUCTS
download the ARIMA profile and products brochure here
Re-Insurance System
The RMS solution is a complete package catering to the needs of the Reinsurance Industry. The system is fully parameterized and includes audit trails and management controls, and also incorporates many business rules that allow for clean data capture and analysis of the data at various levels.
The RMS system caters for the end to end processing of Reinsurance Management and includes the following:
· Processes facultative and treaty business
· Policy administration module
· Comprehensive claims management
· Integrated accounting module
· General Ledger interface
· Full retrocession management
· Powerful reporting and on line enquiries
· Graphical reporting
· IBNR calculations
· Security
for more information: Download this Brochure
General Insurance System
The General Insurance System (GIS) caters for the full range of non life and medical lines of business. This includes Motor, Marine, Fire, Property & Casualty, Liability etc.
The embedded Product and Process Generator tools allow users to rapidly design and introduce new products as well as the ability to control the screen format and screen flows for the various processes.
Some of the available functionality are Product Set Up, Offer and Policy Processing, Endorsements, Integrated Claims, Reinsurance and Accounting. The system also includes an integrated General Ledger, in addition to a parameter driven interface to any third party GL system.
The latest version of the system uses forefront technology and it is fully web based.
Key features include:
• Product Setup
• Process/Product Generator
• Quotation Module
• Policy Module
• Comprehensive Endorsement processing
• Auto load facility for Fleet Motor
• Integrated Claims management module
• Full Reinsurance Module
• Integrated accounting module
• Integrated General Ledger
• Powerful reporting tools (MIS and BI)
• User & Security Maintenance
• Commission Scheme Management
• Agency network setup
• Batch Processing and Management
• Imaging
• Automatic Cheque Production
• Flexible (multi-language, multi-branch, multi-currency)
• Table Maintenance (For the reference data i.e. currency, Exchange rate) etc.
for more information: Download this Brochure
Medical Insurance System
The PMI system caters for end to end processing of medical insurance.
PMI manages drug controls, dental validations, Direct and TPA Processing, Group and Individual policies, and member management.
The key features are:
• Group and Individual policies
• Simple and flexible product design
• Automated rules based rating
• Automatic Member loads and card printing
• Integrated Claims Management module
• Automated Reinsurance
• General Ledger Interface
• Powerful On Line enquiry and reporting facilities
for more information: Download this Brochure
Life Insurance System
The LIFE system caters for all aspects of the business, from underwriting, premium collection, commission calculation, through to policy administration, claims processing, and reinsurance. In addition, the system provides automated premium calculations, individual and group products, claims management, lapsed policy processing, bonus processing, and agency management.
The Life systems facilitates creation and management of a full range of conventional as well as unit-linked and savings products.
Tools allow the business users to create and validate calculations and formulas which assist the business.
The key features are:
• Conventional & Unit Linked processing
• Group & Individual business
• Product & Process Generator
• Offer, Policy and Endorsement Processing
• Automated Premium calculations
• Integrated Claims management module
• Switch & Redirect module
• Surrenders module
• Agency Management
• Automated Reinsurance Management
Additional Services Premier
ARIMA also provides additional services such as
- Oracle Database Activities (Installation, backup/recovery, database upgrade, health check, SSO, data storage management, defragmentation, RMAN, etc.)
- Training
- Third Party Consultancy
Consultancy Services
ARIMA provides consultancy services in the Insurance/Reinsurance domain, in addition to system implementation and integration of third party solutions.