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


On March 3rd, 2016, Virtusa Corporation acquired a majority interest in Polaris Consulting & Services Limited. VirtusaPolaris, our new market-facing brand, represents the combined strengths of Virtusa and Polaris, including our strong software engineering heritage, deep domain expertise and focus on applying innovation to solving critical core business issues for clients.

www.virtusapolaris.com, our new website is where we provide our latest thinking.