Life Insurance Policy Administration Software

Life Insurance Policy Administration Software by MedinyX is a cutting-edge, cloud-based solution designed to revolutionize the way insurance companies manage policies and process claims. Our software streamlines every aspect of life insurance policy administration, from policy creation to renewal, ensuring efficiency and accuracy at every step. With MedinyX, insurers can handle complex operations like underwriting, policy issuance, and client management with ease.

The software automates critical processes, enabling insurance companies to issue new policies, set precise terms and conditions, and manage renewals in a fraction of the time it traditionally takes. MedinyX Life Insurance Software offers seamless integration of policy management and claim processing, empowering insurers to process claims in minutes rather than days. This dynamic system not only enhances operational efficiency but also improves customer satisfaction by delivering swift, accurate services.

Comprehensive End-to-End Solutions for Life Insurance Policy Administration

Tailored life insurance software services to streamline and revolutionize policy management and operations.

M360 System for Insurance

Client Portal (B2B)

IFRS 17 Reporting System

Mobile App and Chatbots

AI, BI, MIS Reporting

Actuarial System and Services

Key Features of MedinyX Life Insurance Software

Smart Underwriting

Leveraging a convergence of knowledge, technology, and human capital to transform underwriting in insurance

Claims Processing

Settle claims quicker but with due diligence. NLP-enabled chat bots, insurance RPA, and rules-based work flow engines together can expedite claims submission, review, and validation.

Direct Sales Distribution

Quoting aggregation platforms, interactive self-service portals, agent-assisted digital journeys take your product to a lot of customers by diversifying your distribution channels.

Enriched Policy Administration

Plan (B2C, B2B, Group), Benefits & Pricing Configuration, Sales, Policy Endorsements, Policy Documents Emailing, Proposals, Renewals and Cancellations with our End to End Policy management.

Cost Containment

Automated cost containment method using ICD coding & claims cost analysis.

MIS & B.I. Reporting

Helping insurers with careful reporting and analytics to achieve higher insights and create informed decisions.

Real-time Dashboard

Access interactive dashboards that showcase critical data in real-time with ready restrictive and statutory reports for larger management over your business.

Member & Client Portal

Customers, Insurers / Reinsurers can access their member / client, view / manage their policies, claims data and B.I. dashboard & reports via online portal 24/7.

LifeDOC Mobile App

Record, Store, Track, Manage

IFRS 17 Reporting System and Services

IFRS 17 Reporting System - your one-stop-shop for simplified and seamless financial reporting! With the complex demands of IFRS 17 compliance constantly changing, it's time to upgrade your reporting system. Our system ensures that all your financial data is accurately recorded and reported, so you can focus on growing your business.

Actuarial System and Services

Our system provides unparalleled predictive analytics, allowing you to accurately forecast risk and make data-driven decisions. With our expert actuarial services, you can plan your risk management strategies in a better, modern wayand optimize it for maximum profitability. MedinyX is also offer end to end actuarial services.

Why Choose MedinyX for Life Insurance Software?

Seamless Policy Management

From policy creation to renewal, the software automates every step, including underwriting, policy issuance, and administration, ensuring unmatched efficiency and accuracy.