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What is SOLIFE?

VERMEG has introduced SOLIFE, a comprehensive policy administration system tailored for providers in the life and health insurance sectors. This advanced platform simplifies the entire process of managing new business operations, policies, and claims, incorporating features like cash management, event tracking, and seamless integration with accounting systems, while also overseeing distribution and associated fees. It effectively manages reinsurance, adheres to tax and legal regulations, provides specialized reporting, and enables efficient claims processing. Drawing on over twenty years of industry knowledge, SOLIFE utilizes a customer-focused approach and undergoes regular updates to stay in line with changing regulatory frameworks, including MiFID and PRIIPs. The system is engineered for digital processing through APIs and a responsive design, ensuring that users experience a contemporary interface. Its high level of automation not only reduces administrative costs but also includes a flexible product design workbench that accelerates time-to-market for new offerings. Additionally, the system supports various distribution models, allowing it to adapt to diverse business needs, thereby maintaining its relevance in a dynamic market. This adaptability not only helps insurance firms enhance their operations but also equips them to effectively tackle their specific challenges in an evolving landscape.

What is Profida?

PROFIDA® is our flagship software solution, meticulously designed for the various segments of the Financial Services and Insurance Industry. It caters to professionals including insurers, underwriters, brokers, and advisers, offering specialized functionalities and support that aim to refine practice management and improve client service quality. Furthermore, for clients overseeing larger or more complex operations, PROFIDA® enhances efficiency in managing high-volume tasks, creates opportunities for cross-selling, and provides a holistic managerial overview across all business divisions. With PROFIDA®, users can easily access their data via a standard browser interface from any device, be it a desktop, laptop, iPad, iPhone, or Android phone. Our platform is designed to work seamlessly with Windows, Apple Mac, and Linux operating systems. Notably, it is the first software solution that caters to both life and non-life sectors, which solidifies PROFIDA® as the ideal software suite for any organization that offers composite financial service products, making it indispensable for contemporary financial enterprises. In addition, its adaptability ensures that it consistently aligns with the changing demands of the industry, allowing businesses to thrive in a dynamic environment.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$1000 per month
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

Vermeg

Date Founded

1993

Company Location

Netherlands

Company Website

www.vermeg.com/product-solife/

Company Facts

Organization Name

Computer Science Software

Date Founded

1998

Company Location

South Africa

Company Website

www.profida.co.za

Categories and Features

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

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Intelligent Life Technologies Limited