White Label is an insurance core system for life and non-life insurance.
White Label supports insurance business processes: from products modelling offered through the sales path, premium calculation and policy handling, to claims.
White Label is based on knowledge and experience of the Altkom Group gained in previous international core systems deployments for insurance companies. We have been implementing solutions for Clients from Europe and America since 2002.
Effective Date of OperationPossibility to perform all operations simultaneously (e.g. uninterrupted sales of products during the month closing process).
Automatic Process ManagementIn case of incorrectly performed operation – access to business and technical logs with possibility to re-execute the process.
Operation withdrawalPossibility to undo any operation caused by user error (e.g. incorrect annex, policy termination). Every withdrawn operation is registered in the system for audit purposes.
SIMPLE and INTUITIVE = no training required!
RELIABLE = 24/7
SALES FIRST = sell from tomorrow!
TIME-TO-MARKET = 1-3 months!
TIME TO OFFER = max. 30sec.!
TIME TO ISSUE POLICY = max. 3min.!
FREEDOM OF CHOICE
OPEN BUSINESS ARCHITECTURE
MODULARITY and COMPLETENESS (end2end)
IMPLEMENTATION TIME = max 1 year!
SaaS & CLOUDING - CAPEX vs. OPEX
Due to launching of insurance activity in life as well as significant remodelling and development in non-life branch, the decision has been made to replace two legacy systems with Altkom’s White Label solution.
Fulfilling business and technical needs:
White Label core system was implemented to fully support front- and back-office insurance processes for life and non-life companies, policy migration from legacy systems and insurance products parameterisation. White Label was delivered with modern front-ends that enable to configure sales paths based on product definitions from the modeller.
Quoting Jacek Jabłoński, IT Director from Post Insurer:
“After market research and analysis, we have decided to choose Altkom’s insurance system. The decision was mainly driven by completeness of the solution (end2end), ease of its adaptation to our business model as well as provider flexibility in supporting our needs.”[…]The main reason why we chose Altkom was its long-term experience in providing IT solutions dedicated to insurance market.”