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What is SohamLife?

SohamLife is a fully online platform that manages the complete insurance operation life cycle, addressing everything from the initial registration of proposals to the finalization of claims, whether for death benefits or maturity payouts. This solution prioritizes user experience, providing insurers with crucial flexibility and scalability while ensuring a quick setup and deployment. Both agents and policyholders can effortlessly monitor the status of proposals, policies, and claims via an intuitive interface. By facilitating smooth integration across the Underwriting, Claims, Reinsurance, and Accounting departments, it significantly reduces data duplication. Furthermore, the platform complies with both international standards and specific national regulatory requirements for operational processing and reporting. SohamLife accommodates various currencies and languages, which enhances its usability and effectiveness in different markets. This all-encompassing, integrated, and component-based solution optimizes essential business processes, ensuring that information entered in one part of the system is universally updated across all components, ultimately fostering a more efficient insurance operation. The platform's versatility makes it an appealing choice for businesses seeking to modernize their insurance processes.

What is Allfinanz?

ALLFINANZ is a fully automated solution tailored for new business processes, offering a wide range of end-to-end functionalities such as automated underwriting and advanced analytics. This platform is dedicated to revolutionizing your operational efficiency. Its modular design provides the flexibility to customize workflows based on your specific requirements. Furthermore, its underwriting agnosticism allows users to leverage an existing starter rulebook, incorporate rules from different re-insurers, or develop customized rules using an intuitive design tool, ensuring that your unique business needs are met. Understanding that many organizations are still dependent on legacy systems, ALLFINANZ has been crafted for easy integration with existing infrastructures, as well as with new analytical tools and third-party data sources as they emerge. This thoughtful design enables businesses to focus more on growth rather than wrestling with complicated integration issues. In conclusion, ALLFINANZ not only facilitates adaptation and innovation but also ensures that outdated technology does not impede progress, allowing for a more agile approach to modern business challenges.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$250 per month
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

Dream Tekis Software

Date Founded

2005

Company Location

India

Company Website

dreamtekis.com/life-insurance-software/

Company Facts

Organization Name

Allfinanz

Date Founded

1986

Company Location

Ireland

Company Website

www.munichre.com/automation-solutions/en/our-solutions/allfinanz.html

Categories and Features

Insurance Agency

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

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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