GIMS represents Tritech's efforts of being strategically positioned in the insurance industry with a system that currently incorporates the functionality of the complete insurance processing solution. It provides facilities for the establishment and administration of both property and casualty portfolios. It runs on modern technology, such as Windows, .NET, Oracle and SQL Server.
GIMS is a modular client based system supporting all lines of business and designed to support multiple companies, branches, provinces/states/parishes, and languages.
GIMS open and flexible infrastructure is user definable by way of the System Support Center (SSC). It enables flexibility in the definition and control of the automation of all business process and desired functionalities, as driven by the client’s business requirements and strategic market directions.
GIMS modules include:
GIMS Policy Administration has set new highs in the underwriting, rating, and policy issue process. Now you can enter, edit, and review complete information at a single workstation or push this function to the point of service through Windows, or browser-based applications — a one-step process that eliminates redundant entry and heavy paper-file dependency. Once the necessary information is entered, the policy issue process is real-time and interactive. All subsequent transactions such as billing, statistical reporting, printing, and renewal are automatically scheduled.
Some of the features include:
Our Policy Administration employs intelligent screens to reduce entry time, thus speeding up the entire quote and policy issuance process, rating and underwriting.
GIMS is supported by a business rule and rating engine, called the System Support Centre, which is extremely open and flexible. The unparalleled architecture improves time-to-market, reduces support and maintenance costs by enabling business analysts to change rates and products at any time, without any knowledge of programming. Change in rates and coverage can be setup, tested and distributed well in advance, and become effective instantly on a scheduled date/time, simultaneously in the main system and in all remote point of sale locations. Changes that in the past with legacy architecture could take months to change, test, and deploy; are reduced to days and weeks.
The System Support Centre, via the use of table based setup, provides rates, processing rules, and edits for all personal and commercial lines, across all p&c insurance transaction types.
The reinsurance module supports underwriting and claims processes, and automatically calculates the reinsurance amounts for your ceded reinsurance processes.
The following are automatically applied to all policy and claim transactions as required, based on lines of business and insurable amounts:
The claims module seamlessly integrates with the policy management system. All common information is transferred from policies to claims. The coverages are cross-checked to ensure their existence as of the date of loss. The claims are tracked by the diary system from first notice of loss to final payment.
The reserve adjustments could be made as a new reserve or as the amount by which the reserve is to be changed. The system automatically reduces the reserve by the amount of the claim payments.
Features:
GIMS interoperates seamlessly with 3rd Party Interfaces as required by each jurisdiction: