Amarta LIFE
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From the publisher website or publicity Overview Amarta LIFE is a life insurance, pensions and annuity administration system that supports individual and group insurance products and processes. Amarta LIFE is based on a business rules engine and worklfow environment that enables common insurance processes to be combined with insurers' best practices. Amarta LIFE facilitates new product launches, legacy transformation, business processes outsourcing and multi-national deployment. Increasing regulatory pressures, changing distribution models and pressure to cut costs across the board are forcing insurers to critically examine the way they do business. Coupled with recent low or even negative returns on investment portfolios, this means that most insurers have to radically re-engineer their businesses, focusing on core competencies and striving to gain competitive advantage. The right technology is essential to successful transformation. That is why SunGard Sherwood Systems solutions have been chosen by leading life companies in major markets. Our solutions provide Life providers with a flexible architecture for transitioning to new cost-effective technology while maximising the return on existing systems. Whether you require a solution for a specific business function, support for a new product launch or a bridge from legacy applications to the internet, Amarta LIFE can help. Amarta LIFE is an advanced generation environment software solution that enables insurers to meet their life, annuity and health insurance product development and administration requirements precisely and effectively. Amarta LIFE combines the benefits of traditional package applications with the flexibility and power of a generation environment. Rather than simply supporting products and transactions for insurance operations, Amarta LIFE supports the full processes insurance companies must complete to be effective and efficient. Deploy new products on demand Amarta LIFE makes supporting new products easy. Product components and administrative processes may be mixed, matched and modified, allowing you to satisfy market demand quickly, precisely and when you choose. A consolidated view Amarta LIFE can also provide and accept information from the customer on a consolidated basis. For example, Amarta LIFE can provide one premium statement for due premiums on all of the customer's policies and on collection, accept one check and apply the proceeds to the due premium on each of the customer's policies. Whether your customer strategy involves integrating one process across lines of business, providing multiple audience views into your company, supporting on demand products, or transforming your entire enterprise, Amarta LIFE facilitates making your transition to a customer culture smooth and efficient. |
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Vendor: Sungard |
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