Portfolio Management System

ALICE is a comprehensive SAP-based insurance solution for small and medium-sized insurance companies. It is an integrated, flexible and complete package for P&C and life insurance. It provides broad functionality in order to support insurance processes and product development. The main components of ALICE include:

  • Product and contract management
  • Business partner management
  • Claims and benefits processing
  • Agent management
  • Quotations management
  • Calculation and payment of commissions
  • Reinsurance and coinsurance
  • Collections and disbursements
  • Accounting
  • Actuarial calculations
  • Fund management
  • Business rules repository for products and processes