Solife: Life insurance, pension and healthcare management software
Features and benefits
Solife is a comprehensive and top-rated policy administration system, which offers:
- Flexibility and cost control.
These are the cornerstones of BSB’s Solife policy administration system – designed to manage all types of life insurance contracts at both individual and group level.
- Full-service packaged policy administration.
Manage new, strategic and non-strategic products within a packaged yet modular structure.
- Market agility
With a low cost base, flexible distribution tools and a rich set of web-based services. Our back-to-front and front-to-back platform delivers across all the core business requirements.
- Unique front-end distribution platform.
eSolife is our front-end optimised for a multi-channel, multi-country strategy, which integrates easily with other tools. eSolife delivers a rich feature set combined with very intuitive user interfaces. With its intuitive front-end, intermediaries and clients have a comprehensive set of tools to manage their insurance portfolios via an easy-to-understand dashboard that visualises the relevant data in summary or detailed format.
- Higly rated by leading market analysts.
With 25 Solife customers in nine countries, BSB has a reputation for delivering excellence across the insurance industry. Solife customers include ABN AMRO, AG Insurance, Allianz, Barclays, Credit Europe Life, GlobalCapital, ING, Suravenir and Zurich.
- Rich configuration workbenches
The Solife platform comprises rich configuration workbenches equipped with a powerful toolkit – across scripting, dynamic data management and rule management – giving users full control over defining the business logic behind its operation. This is the key to delivering the business agility that insurance companies require, to stay ahead in the fast-moving landscape. The user-friendly workbenches are designed for business experts with no IT experience required.
- User autonomy
Importantly, Solife provides true user autonomy – enabling creative products to be rapidly configured without the need for IT intervention, giving business users real control over the system.
- Low cost of ownership
Solife enables a significantly lower operational cost base, thanks to the combination of straight-through-processing, workflow management functionality, management by exception and its state-of-the art IT landscape.
- Intelligent pricing
The highly competitive total cost of ownership is achieved through BSB’s intelligent pricing and a uniquely tailored implementation approach, designed to give clients control over how the work is executed to gain the maximum operational advantage.
- Technological edge
With its Service-Oriented Architecture (SOA), Solife is built using proven technologies that integrate seamlessly with existing front-end systems. BSB’s approach is to ensure the maximum long-term return on investment, combining its technology and business expertise to prove and deploy standard technologies, such as SOA, Enterprise Service Bus, Web Services, Rich Internet Applications and html5.
- Easy migration
For situations requiring data migration, the Solife solution suite comes complete with a powerful migration engine giving a high degree of control over the entire process and which eases the burden remarkably.
- Single version software
BSB’s approach is to have just one version of Solife. This ensures that your version is enriched continuously with new features and functionality.
Solife comes with a rich out-of-the-box set of features which address fundamental business needs such as :
- New Business
- Policy Life Cycle Management
- Claim Management
- Billing & Collection
- Claim management
- Benefit / Money-out management.