PRESCIENCE
Insurance Consultants and Actuaries
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Technology Solutions

Overview
►  Life Insurance Administration Solution
►  Reinsurance Administration Solution
►  On-Demand Application Service
►  Proposal Software

Featuring

The integration of our IT and actuarial expertise enables life insurance companies to solve technology implementation and financing issues at the same time.

Know more about our Life Insurance Administration Solution...

As more countries have adopted IFRS, our actuaries have helped several life insurance companies in the Caribbean region to comply with the Standards.

See details of our Financial Management practice...

 

Technology Solutions > Overview
 

 

In today’s life insurance market, technology is a key success factor for efficient new business support, satisfactory policy services and sound financial management.  However, corporate decision makers usually face the dilemma of devoting significant financial and human resources to IT area or losing the technology edge.

Our Design Goal

At Prescience, we are focusing on developing and providing efficient technology solutions which will allow life insurance companies to:

·       implement new technology with minimal system transition, and

·       achieve the best use of financial and human resources in the insurance core business.

Our Software Systems

Based on our solid insurance business and actuarial knowledge, our software systems are designed and implemented by a team of actuarial and IT experts.

Our software systems include:

·       Life Insurance Administration System

-        a web-based system for policy administration and reinsurance administration.

(More about our Life Insurance Administration Solution...)

·       Reinsurance Administration Solution

-        a web-based system for reinsurance administration.

(More about our Reinsurance Insurance Administration Solution...)

·       Proposal Software

-        a Microsoft Office-based software for sales and new business support.

(More about our Proposal Software...)

On-Demand Application Service (ODAS)

On-Demand Application Service (ODAS) is a way that we deliver our system solutions. ODAS approach is a total solution which addresses the multiple IT-related issues at the same time, including implementation, financing and human resource allocation.

ODAS is available for our:

·       Life Insurance Administration Solution

·       Reinsurance Administration Solution

(More about our On-Demand Application Service...)

 

 

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