PREMIA Health Insurance

The Internet has re-defined health insurance. PREMIA® has been built explicitly to provide systems support for health insurance businesses that wish to exploit the opportunities and cost savings brought about by the digital age.

PREMIA® has been designed from the outset to operate across multiple product lines (Hospital Cash Plans to Group Medical Insurance Plans) and multiple distribution channels (direct telephone, direct internet, broker, broker extranet and branded partnerships or white labeling).

With PREMIA®‘s Unified Channel Management capability, insurers can very quickly implement new products and use any or all of the distribution channels to sell and support them.

In today’s world speed to market is a key issue for insurers. The need to tailor products for specific markets and constantly monitor and take action from feedback is more important than ever before. From a market-facing new business perspective, insurers need to be extremely agile in their ability to launch and service new niche products according to market need. Such products may have short sales windows and therefore not only is speed to market important, the cost to market and the cost to maintain the resulting policy portfolio are also key. PREMIA® successfully addresses these market requirements.

A key aspect of competitive advantage (and cost reduction) today is for insurers to provide a self-service environment whereby customers, brokers, agents and all other stake-holders in the business can quickly and easily transact with the insurance company. PREMIA®’s seamless integration with the internet and its inherent ability to provide portals for all stakeholders enables an insurer to address these requirements without recourse to costly third party products or third party integration.

PREMIA® Health can also be deployed with Oracle Database 11g Release 2 on Oracle Linux 5.5 and Oracle Weblogic Server 11g R1

PREMIA® Health is now Oracle Exadata & Exalogic ready.


PREMIA® Medical is an end-to-end solution that enables Health Insurance Companies to manage diverse operations with ease and effectiveness. With a powerful suite of inbuilt tools for Insurance operations from Underwriting, TPA administration and claims processing to financial accounting, this dynamic bi-lingual and multi-currency solution dramatically cuts costs and the time-to –market with innovative process automation, delivering long-term benefits.