SOLUTIONS
... for life & pensions functions
Payments / Billing
Examples of how problems faced by each function within a life insurance company are solved with FIT solutions.
Your problem |
 |
...is solved with the FIT solution: |
| Collect premium Send payment reminders Send receipts Set payment rules |
Automated payment collection Parameterised system - you define the payment rules - eg. DD or Credit Card collection / rejection; automated / manual |
|
| Answer premium questions from client, agent or advisors |
Premium track on the policy screen |
|
| Reject payments |
Send letters for rejections – automated |
|
| I have three different systems for payment transactions |
Interface to outside systems - eg. LIFEfit tells Credit Card system to collect premium from Bank |
|
| What happens if we join the EU / euro? We need different currencies. |
Multi – currency embedded throughout transactions |
