One stop solution for managing Creditlife Policy, Census Management, Real-time Notification and Claims
One stop solution for Policy Administration, Premium calculation, Census reporting, Death Notification, Census reporting to Insurance Company, Automated Claim request and Easy claim approval and followup processes.
creditlife solution

Why Creditlife Solution

As the credit life insurance programs are unlocked in Saudi Arabia, the biggest challenge of managing endorsement and complicated premium calculation and monthly census reporting is just a click away. Integration with Saudi Govt Data for realtime death notification enable delay free claims. Claim process is orchestrated in a workflow process to avoid any ambiguity. provision to upload relevant documents for quick claim processing. Screens for Insurance companies for easy approval, Rejection and FOA generation

First creditlife policy management platform. Real-time Death notification from authorised source, Holistic Data reporting and quick automated claim processing. Census management is easier than ever before. Configurable rate structure and rate for auto premium calculation. Census anomaly reporting

creditlife solution

Features

We want to achieve the DevOps Vision by having the following strategy:

Census Management

Census Management

Census data integration with internal system, provision to upload files. No more manual census management.

Premium calculation

Premium calculation

Provision to define own rate structure and rates.

Endorsement Management

Endorsement Management

Multiple interface for clients & insurance companies to manage endorsement & Endorsement approval.

Notification

Notification

Real time notification across the platform to insurance companies, claim processing teams, and action items are sent to email. Integrated with Natheer for realtime death notification.

Steamlined approval process

Streamlined approval process

Claim notification to approval through a streamlined workflow.

Reports

Reports

Dashboard and reports in the platform enable DataDriven policy and claim management. Knowing outstanding debts and debt management is not cumbersome anymore.

Manage multiple policies with different insurance companies in one screen. One stop solution for insurance brokers to offer Creditlife solution to multiple clients

credit life values

Benefits

  • 70% reduction of effort in census management
  • Version enabled endorsement helps to track policy changes chronologically
  • 80% time saving on Claims process
  • Detailed financial reports reduce Debt and Settlement process as short as 10 Days (Based on insurance companies response)