PREMIA Life Insurance

Developed on the latest Oracle platform, PREMIA® Life is an award-winning, end-to-end solution that enables life insurance companies to stay ahead in a rapidly changing business environment. With a powerful suite of inbuilt tools for all insurance operations from underwriting and claims processing to financial accounting, this dynamic bi-lingual and multi-currency solution dramatically cuts costs and time-to-market with innovative process automation, delivering long-term benefits.


  • Proposal-to-policy conversions
  • Integrated new business, policy administration, claims, and finance modules
  • Financial underwriting
  • Medical underwriting
  • Batch underwriting
  • Agency management
  • Auto RI allocations
  • Auto financial accounting
  • Image and document uploads
  • Flexible and dynamic components and tools that can be easily adapted to any business requirement
  • Integrated risk-analysis tools
  • Innovative product configurator with tariff and formula components to set up complex premium ratings
  • Deployable in both Internet and intranet environments
  • Improved productivity and shorter time-to-market with automated business processes, market-ready products, standard checklists, and minimal data entry
  • Reduced business costs
  • Complete business view at all times with integrated modules
  • Smarter business decision-making with advanced insurance analytics and reports
  • Increased flexibility and scalability with parameterized tariff and calculation tools, resulting in quicker service cycles and reliable data entry
  • Efficient handling of voluminous transactions and documentation requirements
  • Enhanced fraud prevention with transaction auditing capability


PREMIA® Profitable Relationships through Effective Management of Insurance Activities) is our proven and tested solution for Insurance players designed and developed using years of experience and knowledge of the insurance business. It streamlines the end-to-end flow of customized business documents within the organization covering all insurance operations from underwriting and claims processing to financial accounting.