ID3 Policy Administration
What is ID3?
ID3 is a complete life, health and annuity policy administration system fully integrated to support every step of the insurance value chain in a straight through processing environment.
What does ID3 do?
The ID3 policy administration system’s table-driven architecture allows your business users to quickly establish and test products in a real-time environment so you can get products to market before your competitors do.
ID3 is a comprehensive life, health and annuity policy administration system fully integrated with our point-of-sale and automated underwriting solutions to support every step of the insurance value chain in a straight through processing environment.
Supported and integrated functionality includes:
- Product illustrations
- Electronic applications
- Advanced underwriting
- Complete policy administration
- Contact management
- Billing and premium
- Claims administration
- Web access to policy information for agents and policyholders
- Reinsurance
- Automated document generation and management
- Imaging and document management
- Regulatory and financial compliance
You select the individual solutions that meet your immediate needs, or choose a fully integrated solution for end to end processing.
What benefit will ID3 provide?
Because ID3 is a relational database, you eliminate time wasted by redundant data entry and minimize the risk of errors. The integrated functionality and rules driven structure of the ID3 system allows you to take advantage of inherent automation capabilities and re-engineer your business processes. As a result, we find many of our clients are able to significantly increase business without adding staff.
Contact us for more information on the ID3 Policy Administration System.
