Policy Administration

Policy Administration is a solution that handles different types of changes affecting an insurance policy during its lifetime. The policies that you maintain might transition between different business statuses, they might be cancelled or end up lapsing and you use Policy Administration to make sure you are on track with accurately recording and housing this type of changes and, also, that you organize the updated information in an efficient manner. Policy Administration also enables you to reduce the completion time for routines that can be automated - like generating renewal offers for all the qualifying policies in your portfolio.

Read below the release notes for Policy Administration.