A company that uses Enterprise Resource Planning (ERP) financial products can save a great deal of money over the long term. ERP is instrumental in getting rid of time-consuming activities such as paper management and enhances productivity. AIMS Life comprises of both the Group life and Ordinary Life modules.

Group Life

This system is designed to comprehensively address the insurance business needs for Group Life classes right from the quotation stage to reinsurance. The claims and accounts sub-modules are also an integral part of the system within the group business.

This system caters for the following types of group policy schemes:

Group Life Term Assurance
Deposit Administration
Group Credit and Mortgage Protection

Different scheme types can be uniquely identified through the codes assigned by the system. The policy number gives an indication of the scheme type.

ORDINARY LIFE

This system is designed to comprehensively address the insurance business needs for group life classes' right from quotation stage to reinsurance. The claims and accounts sub-modules are also an integral part of the system. All classes of business in group business are catered for.

Quotations, proposals and policy documents
Medical underwriting
Policy surrenders and reinstatements
Claims and commission processing
Re-assurance processing
Policy loan management