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Online Portals
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Mobile Apps (Android / IOS / Windows)
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USSD
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Cloud and On Premise Hosting
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Payment Integrations
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API Centric
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Complete Policy Life-Cycle
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Reinsurance
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Claims management
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Accounting
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Agent Broker Channels Management
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Parametric product setup
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Intuitive reporting
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Comprehensive logging and Audit
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Proposal Management
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Policy Admin
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Channel Management
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Reinsurance
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Billing Management
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Multi tier Commission management
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Products Management
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Claims Management
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Workflow and alerts
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Finance and Accounting Rules
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Reporting and analytics
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Comprehensive logging and Audit
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Security
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HR
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Business Intelligence Data Analytics and Monitoring System
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Business Process Management
Core General Insurance software
SIBAGEN® General System Suite: supports entire lifecycle operation of general insurance business, from underwriting, endorsement, claims, renewals, reinsurance to accounts which are seamlessly integrated to avoid data redundancy. The fully integrated component supports the core business processes where data entered from Underwriting is available on real-time basis for Claims, Policy Management, Reinsurance and Accounts for further processing. SIBAGEN is a multi-currency solution that makes comprehensive use of a parameterized approach for the configuration of complex insurance products. SIBAGEN is highly extensible and customizable product.
Policy Admin
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Complete Policy Life-Cycle Management from Quotes through to endorsements, Renewal, reinsurance, claims to accounts
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Comprehensive query and search facility
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Fully integrated modules from underwriting, claims, RI and accounts modules
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Fully workflow with notes and Tasks
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Accounts Modules
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Accounts receivables, Accounts Payments, General Ledger Financial modules
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Detailed transactions auditing and tracking of changes features
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Automated commission management
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Multi-Currency
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Comprehensive Rating Engines
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Underwriting document upload
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Fleet Management and Batch approvals
Claims Operations
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Fully integrated claim life cycle from reporting, modifications, settlements and payments at accounts
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Document upload functionalities
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Customizable claim reports
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Reserve management
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Automated commission management
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Automatic Claims accounts and Claims treaty
Reinsurance
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RI groupings by Products, Currency and Underwriting year
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Fully setup for Proportional and Non Proportional Arrangements
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Outward and Inward
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Comprehensive Statement and Bordereaux
Accounting
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Customizable Chart of Accounts
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Accounts Receivables
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Accounts Payables
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General Ledger
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Pre-defined and custom reports
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Tax Management
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Pre-defined and customizable reports
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Automated and Manual Journals
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Banks and Cash Management
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Bank Reconciliations
Reporting
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Intuitive dashboard with Customizable widgets
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Comprehensive reporting engine
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Reports Scheduling feature
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Over 200 default reports on Underwriting, Claims, RI and Accounts
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Export Facility
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Supports third party reporting tool integration
Key Differentiators
Supports entire lifecycle operation of general insurance business, from underwriting, endorsement, claims, renewals, reinsurance to accounts which are seamlessly integrated to avoid data redundancy. The fully integrated component supports the core business processes where data entered from Underwriting is available on real-time basis for Claims, Policy Management, Reinsurance and Accounts for further processing. SIBAGEN is a multi-currency solution that makes comprehensive use of a parameterized approach for the configuration of complex insurance products. SIBAGEN is highly extensible and customizable product.
Life System Suite: supports entire lifecycle operation of life insurance business ranging from new business, alterations, billing, collections, commission, claims, reinsurance, finance to compensation. SIBALIFE supports all mainstream products from traditional to investment linked, universal life, and annuity, with high degree of flexibility, configurability.
a full lifecycle insurance and financial distribution suite providing automated product management to insurers and financial sector. It is available via the below distribution technologies
- Siba Portal
- Siba Mobile
- Siba USSD
- Siba Cloud
a full lifecycle insurance and financial distribution suite providing automated product management to insurers and financial sector. It is available via the below distribution technologies
- Siba Portal
- Siba Mobile
- Siba USSD
- Siba Cloud
Advanced security with Authentication server features
Bulk import and Export capabilities
Advanced Product configurator that allows flexible product ratings and rules for various configuration options such as NCD, Commissions etc
Role based multi-channel capabilities
Extensive party / Customer management
Document management capabilities
