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What is LIFEfit?

The setup for products, policy crafting, underwriting, servicing, and claims handling is designed to be flexible and driven by parameters, which removes the necessity for any IT programming. It efficiently supports both unit-linked and traditional product offerings for individual and group businesses, overseeing the entire policy lifecycle from initial quotation to final claims processing. Moreover, it includes automated payment solutions such as direct credit, telegraphic transfers, or cheque printing for handling claims and commissions, all governed by predefined authorization limits. A double-entry ledger is implemented for every financial transaction, enabling thorough margin analysis and a standardized automated connection to corporate ledgers. The system is multilingual, accommodating languages like Arabic based on user or client preferences for input interfaces and outgoing communications, such as emails. Clients and brokers are empowered to manage their services online independently, which promotes seamless processing for new business. The workflow is further optimized by RAG-rated "to-do" lists assigned to individual operators, enhancing oversight and task management capabilities. This creates a highly efficient ecosystem that not only streamlines operations but also significantly elevates the overall user experience, making processes smoother and more transparent for all stakeholders involved. All of these features work together to establish a comprehensive solution that meets diverse business needs.

What is Intellimin?

Intellimin is an innovative insurtech platform powered by the cloud, specifically crafted for policy administration, which aids life and health insurance companies in streamlining and managing the entire policy lifecycle, ranging from application and underwriting processes to billing, claims management, and self-service options for customers. This comprehensive solution provides a cohesive system that allows both advisors and clients to complete applications, issue policies through automated underwriting and rule checks, and effectively manage modifications, payments, updates, and claims, all while ensuring complete transparency regarding policy history and communications in a single interface. Its multifaceted features include policy management, product development for the creation and ongoing support of insurance offerings, automated billing and financial oversight, commission management, group administration, and the organization of workflows and activities. All these aspects are designed to reduce manual efforts and accelerate service delivery, while also maintaining compliance with regulatory requirements. Additionally, the flexible design of Intellimin accommodates complex product offerings and a range of distribution channels, making it an essential tool for insurance companies eager to improve their operational productivity. With such capabilities, Intellimin positions itself as a game-changer in the insurtech landscape, empowering organizations to adapt swiftly to changing market demands.

Media

Media

Integrations Supported

DXC Cloud
Microsoft 365
Oracle Cloud Infrastructure

Integrations Supported

DXC Cloud
Microsoft 365
Oracle Cloud Infrastructure

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

FIT

Date Founded

1990

Company Location

United Kingdom

Company Website

www.fitltd.com

Company Facts

Organization Name

Intellimin

Company Location

Australia

Company Website

www.intellimin.com

Categories and Features

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

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