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IDIT™ supports
global e-Business in
multiple languages, currencies and time zones.
It supports an activation model, with on-the-fly language transition capabilities. |
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Groupama, France's second largest multiline insurance company, was granted a license from the CIRC - China Insurance Regulatory Commission - to sell non-life and health insurances in China.
Groupama realized that there was no approved software solution that complies with the Chinese regulations.
Six months after the IDIT™ kick-off at Groupama, the IDIT™ Software Suite was approved by the CIRC to go live in all of China.
Jean Pierre Borges
Groupama,
China Office
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|  | IDIT™ for Traditional Insurance |  | |
IDIT™ - A truly comprehensive, component-based enterprise business solution, designed to address the demanding insurance market challenges
IDIT™ provides a proven, flexible solution for the general insurance (P&C) market – both personal & commercial insurance. IDIT™ integrates the decision-making process with all front and backoffice procedures. Our effective e-Business model enables ongoing customer service, backed by call center integration, email response and cutting-edge technology. |
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An insurance organization using IDIT™ is well-positioned to lead the industry, while benefiting from the ability to control operations, reduce expenses and improve client service and retention ratios. The organization can roll out innovative insurance products rapidly, address time to market needs, and stay ahead of the competition.
Multi-line insurance products can be offered via diverse distribution channels. IDIT™ supports both central and distributed operations via remote access, thus providing flexible possibilities for hosting and outsourcing an organization’s data center.
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| Functional Highlights | |
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Full policy administration life cycle: quotes, binding, rate & issue, endorsements, cancellation and renewals
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Claims management, from the first report including detailed point-in-time coverage verification
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Claim settlement through fast track and full-scale settlements with salvage and subrogation capabilities
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Billing, collection and disbursement system includes flexible, dynamic payment schedule
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Broker and agency billing and commission plans
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An advanced integrated workflow system manages all follow up activities as well as all marketing and cross sell initiatives
Advanced technology combined with innovative functionality
place the organization where it wants to be in the future
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The comprehensive yet component-based Service Oriented Architecture (SOA) provides full end-to-end front and back office functionality, throughout the organization
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The powerful and flexible Product Manager wizard that is integrated in IDIT™ enables the insurer to create, rollout and introduce innovative insurance products rapidly
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IDIT™ supports integration with existing legacy applications and is scalable to very large sizes, volumes and frequencies
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The system provides distributed access to all organization members, agents, collaborators and customers, while facilitating ownership and control of data, operations and processes
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The system provides a single point of entry across channels, a full range of personal, commercial and customized Lines of Business, innovative standard and multi-line packaged offerings, automated, effective and efficient processes, backed by a customer-centric approach
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Due to its component-based architecture, IDIT™ can be rolled out in a modular, component-based format, suitable for vertical integration
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| Operational Advantage | |
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Customer-centric approach
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Phased implementation of modules or Lines of Business
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Proven rapid integration with legacy applications
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Fast time to market via diversified channels
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Single point of entry across channels
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Collaborator partnerships with affinities, co-insurers, brokers, agents and service providers
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Wide range of private, commercial and specialty lines of business
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Innovative mono-line and multi-line packaged offerings
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Automated, effective and efficient processes
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Advanced CRM and relationship oriented
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