Simplex Groupplan is a Life Insurance Software designed to effectively manage the administration of Group Life Insurance business from inception to policy maturity. It handles the necessary calculations involved, prompts on when payment is due, and alerts on wrong posting of payments.
Benefits
Underwriting Process: Manages all underwriting process from creating customer information to proposal and decision processing to printing of Policy Document
Policy Service: Seamless policy loan administration with fast integration to third party applications.
Enquiry: Multiplan shows all details on all policy, receipts, claims etc and has various report which are highly customizable.
Automation: Helps life insurance providers simplify the end to end life insurance processes, control risk and saves time.
Integration: Interface capabilities with third party applications e.g. Galaxy, Tetra Sage, Sun Accounting System, Globus, CPAS, NSE etc. (It also comes with full accounting functionalities).