Beyontec Suite is a future-ready, workflow-driven insurance system that can meet the growing and dynamically changing needs of the insurance industry. Backed by a powerful business rule engine, Beyontec Suite enhances process efficiency, enables faster go-to-market for new products, increases premium income, and improves underwriting results.
The insurance system of the future
Beyontec Suite Core Solutions
A fully developed, highly configurable, real-time, multi-line administration system
for the property & casualty insurance.
Beyontec Suite offers configurable solutions for all major classes of General Insurance – Motor, Fire, Marine, Engineering, Energy, and General Accident & Liability with automated processes across underwriting, claims, reinsurance, financial accounting, reports, portals and mobile app.
Beyontec Suite enables the effective administration and management of a wide range of products in life insurance across individual and group life insurance. The suite helps streamline business processes, meet regulatory compliance, and respond to new market opportunities.
Beyontec Suite operates across multiple product lines such as group medical insurance, individual medical insurance, hospital cash plans, and related lines. It offers powerful configuration rules to dynamically manage products and ratings, with separate portal services for clients, service providers and members.
Beyontec Suite is Sharia-compliant and supports Mudharabah and Wakalah models of Islamic insurance, with integration to underwriting, claims, re-Takaful, channel management, and more.
What Makes Beyontec Suite Unique?
• Cloud-based: Scalable and secure cloud-based deployment
• Workflow driven: With the ability to create and manage business processes and queues dynamically
• Rating engine: Simple rating definitions to support complex rating criteria, with reusable logic definitions
• Business rule engine: Simple rules definition using business-like terms for specific markets and to meet regulatory norms
• 60+ Configurable tools: Configurable tools that are optimised for performance and to meet specific business needs
• Shrink-wrapped solution: Faster implementation with pre-configured products, reports and rating engine for faster implementation
Key Advantages of Beyontec Suite
• Scalable and secure cloud-based deployment
• Pre-configured for specific markets with statutory and regulatory compliance
• Workflow-driven automated processes to proactively manage workflows
• Powerful configuration capabilities to meet specific business needs
• Faster implementation