AGILIS Bancassurance is a comprehensive solution for banks that sell insurance products, both Life and Non-Life, to their clients. AGILIS Bancassurance manages bank’s entire insurance broking back-office operations, leaving its staff to focus on procuring more business and spending more time in the front office. AGILIS Bancassurance allows creation and maintenance of comprehensive profiles of clients as well as Insurance companies/ branches. Client profiles broadly contain knowledge & information base ie, client's personal details and policy details. A client's Policy detail further contains a profile of all Insurance polices taken by the client, endorsement details and upcoming policy renewals/ premium due. Profiles of Insurance companies contain detailed information of individual Insurance Companies and their branches such as their addresses, contact details and details of Insurance products, coverage and commission. poo Sans Costomers Card Hoiders mets | =a Insurance Company Ssones AGILIS Bancassurance is geared to manage a Bank's back-office processing requirements for managing insurance business. Ranging from assigning revenue targets to its channels, to tracking incentive earned by the Sales staff and ultimately commissions earned by the Bank are recorded and monitored in the system, The system allows business transactions to be recorded from Bank's branch offices with builtin secure and controlled access rights and permissions AGILIS Bancassurance supports both Life and Non-Life Insurance. DISTINCTIVE FEATURES AT A GLANCE + Front: and back-office integrated and web-enabled solution designed to effectively manage all Life and Non-Life insurance products, provides you with easy to use methods for configuration of new insurance products based of the market demands and offerings of your partners ‘+ Workflow automation and decision support through entire bancassurance operations, including quotations, conversion into policy, easy data upload from insurance ‘companies, claims registration, sales management, recon- clliation and reporting. Thorough consolidation ofall modules eliminates duplicate data entry and ensures data integrity + Caters to all classes of Life and Non-Life insurance business: Motor Health including medical and travel) Propery/Fire Miscellaneous {including mortgage, engineering, marine, etc) Life + Effective management ofall sales-related operations, including definition of business sources (employees, consultants, tele-marketing), sales targets, parameterized commission calculation engine forall business sources, income calculation. + Effective reporting: large number of pre-defined standard reports and ability to integrate with any third-party report- writing tool for ad hoc queries and reports, + Comprehensive third party and customer relationship management, including maintenance of exhaustive client and insurance company profiles. (tN + Pesonal and Contact + Dect sales, agents + insurance Company Proting + Qustaton Information 1 Telemarketing conslans Regsvaton + Proporal Generation and product mappingto | + Commision 3% 0f1, + cations i Folie Docament Printing! «Produc mapping ts one | combination + Reminds about poliey 1 Sales target definition tne aca les anal “Min Premium, oudng dlecoun commision sup + Company dat uploadOrganization Setup AGILIS Bancassurance supports defining bank's ‘organization setup - like channels, branches, zone, regions, sales staf along with their hierarchy, This setup is used in monitoring and reporting the performance of Insurance Setup “The details include setting up Insurance company, Insurance company branches, Insurance products and coverage details. I also allows defining various types of commissions and charges payable by Insurance company to the Bank for the business generated ‘Various types of commissions and charges include Basic commission, Bonus commission, Renewal commission, Top-up commission (for unit linked products), Marketing expenses and Sales incentive. Integration with Insurance Companies AGILIS Bancassurance intgrates with Insurance ‘Companies through data upload (spreadsheets) for various transactions from Insurance Company. tt suppor definition of upload templates for various transactions, mapping, inpul ile structure with AGILIS Bancassurance data structures and defining basic validation on the data. The process provides for handling exceptions. Transactions AGILIS allows recording sales transactions and tracks status of a policy based on the data feeds from Insurance Company, including Policy conversion lissuanced, Endorsements, Renewals, Status of Install- ments, Lapse, Surrender, Cancellation, commissions and charges. Renewal Processing AGILIS Bancassurance provides for periodic processing for generating upcoming renewals, installments, commission and charges. Sales team uses this data for follow up with customers and back office operations Uses it for follow-up on renewals, commissions and charges with the Insurance Company. Reconciliation In Bancassurance two sets of data exists. While the Bank sells the policies, Insurance Company handles actual issuance of policy. AGILIS provides Reconcilia- tion of these two sets of data to ensure the Insurance ‘Company has accounted forall the transactions reported by the Bank. Ths includes new policies renewals, installments, lapse, surrender, cancellation, commission and other charges. Targets In order to measure performance of channels, sales force and bancassurance business as a whole, AGILIS Bancassurance supports defining sles targets at al levels in the hierarchy that is later compared with the actuals to assess the performance. Incentives AGILIS provides for defining and calculating the incentives for its sales force. USAP - User security authentication and profiling User security authentication and profiling in AGILIS enables secure access to the application data by authorized users. Itallows for defining and managing Users, groups, access rights, authority and implements rmaker-checker and SOX compliance. Auditing Any change on the data is logged and available for Auditing. Facility is available to Archive old data to Archive DB ancl Purge the archived transactions from LTP ps. MIs AGILIS Bancassurance provides comprehensive MIS on various aspects of the business across hierarchy (organization setup) with details up to individual transactions. AGILIS Bancassurance is geared to manage a Bank's back-office processing requirements for managing insurance business. Ranging ftom assigning revenue targets to its channels, to tracking incentive earned by the Sales staff and ultimately commissions eatned by the Bank are recorded! and monitored in the system. ‘The system allows business transactions to be recorded {rom Bank's branch offices with built-in secure and controlled access rights and permissions. TECHNOLOGY FRAMEWORK PRESENTATION LAYER. INTERNET USER USER INTERFACE - SP BUSINESS LEVEL LAVER -JAVA WEB SERVER - APACHE TOMCAT (OR ANY OTHER JAVA COMPLIANT ‘WEB SERVER DATABASE LEVELMS SQL 2005 WIN 2003