Non-life insurers
	Life insurers
	Brokers
	Agents
	Other intermediaries

Configurator is equipped with an entire suite of components to meet the complete needs of a typical insurance organisation. But it is also available as individual components based on specific organisational needs. These components can be easily ported to platforms of choice and/or customised to suit the specific practices of any insurance organisation.

Configurator allows users to rapidly and easily define new insurance products, make changes to existing products, and establish rules that govern the product's behaviour. It can integrate seamlessly with any back-office system, regardless of platform (Unix, Linux, Windows), for a more efficient and comprehensive business process.

Functional components
Configurator comprises the following key components, which interact among themselves through well-defined interfaces provided by each of the individual components:

	Underwriting (policy management)
	Claims management
	Reinsurance
	Agency / broker management
	Accounts
	Reports / Queries

	Fire
	Motor/automobile
	Marine cargo
	Marine hull
	Aviation
	Personal
	Machinery/project insurance
	Indemnity
	Health
	Liability
	Compensation
	Cattle/livestock
	Agricultural accessories
	Plantation

Functional Components and their corresponding functionalities existing in GENISYS configurator are described in the table below:

Functional Components	Key Functionalities
Underwriting (Policy Management)	New Policy Endorsement Renewal Declaration Policy Schedule / Certificate Quote Generation Cover Note Management MIS / Statutory Returns Tariff Management Caters to all lines of business mentioned above
Claims Management	Claim intimation / registration Claim notes Surveyor/doctor / investigator etc. appointment Surveyor/doctor / investigator etc. report receipt Claim settlement Claim payment On account / interim payment Claim provisioning Claim history Surveyor / doctor / investigator etc performance evaluation MIS / statutory returns An imaging solution can be integrated which facilitates to scan documents such as photographs, driving license, death certificate etc. and store the image along with the claim record.
Reinsurance	Treaty definition Outward (ceded) reinsurance Premium apportionment Claim apportionment Reinsurance accounting MIS & returns
Accounts	Chart of accounts Premium collection Claim payment Miscellaneous payment / receipt / journal vouchers Payments and receivables management Book Of accounts / ledger / trial balance Accounts consolidation MIS reports / queries Accounts has comprehensive coverage of accounts functionalities relating to underwriting, claims and reinsurance. It also provides facility to process corporate wide financial transactions through payment, receipt and journal vouchers.
Services	On-line policy status On-line quote Claim status

Product components

Product Definition Engine	Object Bin - User can define business object in tree-view hierarchical manner using flexible Object Oriented Methodology. Product Bin - User can define General Insurance products
Tariff Definition Engine	Flexible Tariff Definition Engine lets users define and populate rate structure of any n-dimensional Tariff from software's own interface or from excel sheet/ XML
Dynamic Data Storage	Software automatically defines and prepares data structure as collection of several objects defined for the product
Control Number Definition	User can define the control number such as policy number, claim number, voucher number etc. with various segment details, initialisation rule etc.
Business Rule Builder	Using logic builder, user can define business logic with the help of easily accessible object lists.
Query Builder	Query builder is capable of generating query output of user-defined query at runtime on various controls.
SQL Builder	Accessing database objects can be done through SQL builder. This provides facility to write the SQL statement through an user friendly interface without much knowledge in Oracle database and query language.
Help Builder	Help on control, page etc. can be configured by the administrator during product definition.
Ad hoc Query / Report Generator	Using OLAP tool, ad hoc query/reports can be generated in configurator

Benefits to Insurance Customers

	Top-of-the-line customer service
	Quick claim settlement
	Automatic generation of renewal notices
	Anywhere service: policy, endorsement, renewals, claims across geographical locations
	Direct from home service on quotes, buying policies, intimating claims, status tracking

Benefits to Broker/Agents

	Prompt posting of commission/brokerage
	Quick access to information
	Immediate policy issuance
	Quick claim settlement

Benefits to the Users

Easy handling and availability of timely and relevant data

Benefits for Management Team

	Ready availability of information
		Operating results
		Premium income
		Claims paid
		Claims outstanding
		Intermediary wise business analysis
	Aggressive marketing augmented by availability of relevant data
	Reports for external regulatory bodies
	Improved quality of decision making through better Decision Support Mechanism
	Opening up of new business channels with intermediaries and business partners
	Enables customer focused business orientation

	Java-based, three-tier, logical client-server architecture conforming to J2EE specifications/.NET framework
	IE/Netscape browser-based, client-side presentation
	Oracle RDBMS (object-oriented) database with JDBC
	Reporting tool (OLAP) - Oracle Discoverer
	Operating system: The product can run on any operating system (both proprietary and open) that supports Oracle
	Supports both centralised and distributed configurations

Experience
CMC has proven expertise of a very fast implementation rollout of GENISYS across multiple dispersed locations. We have also successfully trained customer personnel for implementation activities. CMC's insurance competency centre in Kolkata is constantly upgrading the product in terms of technology and functionality.

Indicative client list

	Reliance General Insurance Co Ltd
	ICICI Lombard General Insurance Company Ltd
	Tata Motors Limited

Case study
GENISYS Configurator at Reliance General Insurance Co Ltd