
Precentia Group
The comprehensive Group Life administration system that supports different product designs to cater for different needs of corporate customers. It has a high degree of fit to meet flexible product’s needs with a fully functioning administration platform. PrecentiaGroup has demonstrated great reliability to support unorthodox product designs in the group business.
Our Product Precentia Group offers
1. Product maintenance which provides

Group Term Whole Life, Disability, Personal Accident, Medical & Dread Disease

Centralised intelligence for all modules

Comprehensive parameter / formulae maintenance
2. New business which gives

Electronically transferred of quotation to proposal module

Calculates all members' premiums

Presentation proposal / quotation

Underwrites substandard cases and load premiums
3. Policy servicing which supports comprehensive minor & financial alterations
4. Claims which supports on

Death

Total & Permanent Disability

Personal Accident

Dread Disease

Medical based reimbursement/cash simple and comprehensive benefits

Additional/accelerated types of claims
5. Disbursements which include

Payment of claims & channel compensations

Refund of payments due to alterations

Centralized disbursement for all modules
6. Intermediary Management

Generate commission

Registration of intermediaries
7. Renewals which generate inforce schemes for renewal
8. Reinsurance which

Supports Treaty RI

Generates profit commission & claim recovery
9. Accounting which

Generates GL entries

Integrates with 3rd party Accounting software