Oracle Insurance Policy Administration for Life and Annuity

Consolidate Any Type of Business in One Modern Platform

Simplify your systems with a modern, rules-based policy administration system that supports policy issuance, billing, collections, policy processing, and claims covering Individual and Group for Life and Annuity business on a single platform.

  • Oracle Insurance Policy Administration for Life and Annuity helps insurers transform their business by consolidating multiple policy systems on a single platform.

  • Oracle Insurance Policy Administration for Life and Annuity helps accelerate product development and speed time to market.

Benefits

Benefits

  • Improve operational efficiency and reduce total cost of ownership
  • Increase speed to market by leveraging business rules for product updates
  • Accelerate new product development through reuse of rules and templates
  • Service your customers and sales channels through real-time access to policy data
  • Improve compliance with a detailed audit trail of every transaction
  • Allow a single view of all clients for total risk exposure and administrative support


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