Request a MeetingPREMIA Pension providers are faced with increased competition, downward pressure on fees, reduced investment income, increasing compliance requirements and a changing distribution landscape.
Overview
Pension providers are faced with increased competition, downward pressure on fees, reduced investment income, increasing compliance requirements and a changing distribution landscape.
PREMIA Pension supports group pension, individual pension, provident fund, immediate/deferred annuities, define contribution/benefits and holds configurability for or similar products.
PREMIA Pension solution can keep abreast of these trends and address challenges will create opportunities to develop their business and broaden relationships with existing clients.
Over 110 Customers Worldwide
110+ PREMIA Pensions
- Supports all kinds of annuity/pension plans
- End to end solution covering quotation , Conversion of policy, Withdrawal, addition/deletion of members , repayment and maturity.
- Facility to define all applicable conditions for the product through front end.
- Facility to setup annuity rates and can also configure Interim and Year-End rates for each year
- Supports group pension policies
- Support multi-channel distribution, B2B & B2C, end- to-end sales and service processing.
- It’s open and modern Service Oriented Architecture.
- Allows for easy integration to external third party and/or proprietary systems
- Multi-tier architecture
- Efficient policy servicing
- Bi Lingual interface
- Support Multi Currency
- Reduce implementation time and Cost.
- Improves TAT
- Complete business view any times with integrated modules
- Enhanced fraud prevention with transaction auditing capability
