Zylog Systems Limited

- Insurance Software

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The insurance marketplace is transforming rapidly, creating opportunities for many and challenges for all. The business continues to grow as the developing and virgin markets expand but not without addressing challenges such as changing& stringent regulatory norms, growing silos of information due to deployment of point solutions, increasing operational costs, demanding customers, rising merges &consolidations and inconsistent and delayed 3rd party co-ordinations including hospitals, agencies and labs.

The eco-system of the market including insurance companies, reinsurers, intermediaries and agents/brokers, program managers is ever more depending on IT to solve business problems. Although this may seem like progress, automation solutions most often create silos, remain rigid , and may not cover key processes integratedly and effectively. Technology should help businesses and not tied them down.

We at ZSL have been providing technology solutions that are simple, effective while remaining flexible, adaptable and scalable to many Insurance Companies world-over. ZSL's Phoenix is a next generation software, designed specifically to free insurance businesses from their growing business challenges. A single-stop solution, it renders end-to-end support to execute all of insurance business operations fromUnderwriting, Broking, Claims, Re-insurance to Accounting. You can efficiently streamline and transact processes involving creation and issuance of policies, claims and re-insurance, accounting, payments and management of strategic collaboration with brokerage firms and individual brokers.

Suitable for P & C and General Insurance (Personal and Commercial Lines), Phoenix supports multiple territories, languages, currencies, taxation, compliance and regulatory requirements, including support for Solvency II and Acord standard messagingin compliance with various federal and state laws governed at international and regional levels.

You can benefit from the modular nature of our solution. You can avail the key components -Underwriting, Broking, Claims, Re-insurance and Accounting as an integrated solution or as a standalone solution that can function independently or be plugged into any of your existing systems.

The key features of Phoenix include :

  • Underwriting with Document Production, Storage and Retrievals
  • Policy Admin Systems
  • Agency/Broker Distribution
  • Claims Management Systems
  • Reinsurance, Co-insurance, and Others
  • Product Management
  • Rating Engines
  • Accounting and Billing
  • MIS Risk Compliance

Phoenix is available under licensed, hosted and subscription-based options, to suit your varying business environments and budgets.

Phoenix works on sophisticated and flexible ZSL's technology platform. Combining the disciplines of innovation, business intelligence and collaboration, it carries a host of activities ranging from day-to-day insurance process streamlining, execution and management, tactical performance monitoring to long-term strategic planning.

It's easy-to-use intuitive interface for the end-user comes with comprehensive features making it a one-stop insurance software solution. Whether you are looking to integrate a specific Phoenix module with an existing software application, or to develop an end-to-end insurance platform from scratch, Anodas, as part of ZSL, have the experience, industry knowledge and subject matter expertise to help.

Comprising fivefunctionally rich modules -Underwriting, Broking, Claims, Reinsurance and Accounting, Phoenix can operate independently, or can be bundled as required to form a robust end-to-end insurance platform based on your unique specifications. The software is packed with rich features including :

  • 90+ fully integrated product lines/classes of business
  • Multi-regional, currency, taxation and language capabilities
  • Powerful, rules-driven rating engine
  • Intuitive, User Interface
  • Integrated document management
  • Secure and specific access for internal and external users

Phoenix components include :

  • Underwriting with Document Production, Storage and Retrievals
  • Policy Admin Systems
  • Agency/Broker Distribution
  • Claims Management Systems
  • Reinsurance, Co-insurance, and Others
  • Product Management
  • Rating Engines
  • Accounting and Billing
  • MIS Risk Compliance

By deploying ZSL's Phoenix you can streamline, automate and monitor your entire insurance business processes effectively and efficiently. Our best practices derived through years of industry experience can be speedily deployed, allowing you to make better decisions faster. Armed with a highly adaptable, flexible, scalable and modular solution, you can now become more agile and more dynamic. This means you can take swift actions to solve problems, address areas in need of improvements, react to changing business conditions, and leverage opportunities as soon as they arise.

Besides, our insurance software solution is geared to make you achieve maximum value and ROI. You can reduce the time taken to quote for and process insurance business, and is successful in call-centre and more traditional environments alike. You can benefit from :

  • Comprehensive data analysis and assessment capabilities
  • Low cost of implementation, support and maintenance
  • Increased productivity and efficiencies of core staff
  • Improved customer service and satisfaction
  • Rapid development and deployment (get up and running in 30 days)
  • Reduced transaction and operational costs
  • Flexible subscription-based options available

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