Core Policy Admin 3.4.0

August 5th, 2022

The 3.4.0 release of Core Policy Admin is enriched with new features for the standalone policies and the master policies. It is fully compatible with the 22.1.1 version of FintechOS Platform.

This is part of the FintechOS 22.S release. Please check the main release notes for more information.

What's New

The Core Policy Admin flow is adapted to the new features from the Customer 360 Account.

Master Policy Renewal Offers

Starting now, the Masterpolicy is automatically renewed according to the received renewal configurations in order to continue providing coverage for the insured. Read about the roles of the masterpolicy and the policies related to it and learn how these are renewed, by accessing the Master Policy Automatic Renewal page.

Insured Objects

With the 3.4.0 version, the policy generation, policy form, and the renewal use new insured object types defined in Insurance Product.

Learn more by accessing the Insured Object page.

Data Mapping

Core Policy Admin 3.4.0 uses a new policy type data mapping to calculate premium amount when registering an MTA request.

Read about these calculations by accessing the Policy Mid Term Adjustments page.

Underwriting Rules for Mid Term Adjustments

With this version, after a mid term adjustment is registered, the system not only checks the pricing, but also the underwriting (UW) rules.

Learn about the underwriting rules by accessing the Policy Mid Term Adjustments and the Mid Term Adjustments Journeys pages.