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CLAS



From the publisher website or publicity

Application OVERVIEW

To succeed in today's competitive environment, life insurance and financial services companies must be able to introduce new products quickly and administer them efficiently. CLAS provides an easy administrative path to introduce new products or new product features in the dynamic life and annuity marketplace.

CLAS supports the following key business functions:


 *New Business Processing
 *Underwriting Support
 *Agent and Agency Administration
 *Group Processing
 *Policy Administration
 *Billing and Collections
 *Commission Accounting
 *General Ledger
 *Financial Reporting
 *Policyowner Reporting

The CLAS system is designed to accommodate non-traditional as well as traditional life insurance products. It offers a cost-effective solution for the administration of products that don't fit within the architecture of a company's standard system but require a system specifically tailored for their business. CLAS will enable your company to attract and retain producers

Keywords
agency administration
agent
annuity
annuity market
billing
billing and collection
CLAS
Comprehensive Life Administrative System
finance
financial
financial reporting
financial services
general ledger
group processing
insurance
insurance agent
insurance billing
life
life insurance
new business
policies
policy
policy administration
policy owner
underwriting support


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Vendor: Sungard


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