ICE Policy
INDUSTRY LEADING FUNCTIONALITY PACKAGED INTO FLEXIBLE MODULAR APPLICATIONS
What is ICE Policy?
INNOVATIVE POLICY MANAGEMENT SOLUTION
The full policy administration platform allows insurers to manage policies from quote to issue and renewal, with full billing capabilities using ICE Billing.
ICE Policy is API driven supporting Direct & Intermediated business across all lines and has a comprehensive inheritance model to minimise scheme and product variants.
End to end policy management
Follow a policy through its complete lifecycle from quote to issue to renewal to claim administration.
Multi-language/multi-currency
ICE solutions support interactive multi-language and multi-currency configurations.
Robust product building capabilities
Multiple scheme and product configurations enable new schemes/products to be effective in hours rather than months, and accelerates their speed to market.
Multi-channel distribution
Delivers user configurations for various set ups including insurer direct, broker sold, TPA and service provider.
Integrated rating
Flexible rating using any external rating engine, or our own rating engine which provides the tools to make rate changes effective quickly, improving underwriting accuracy.
Integrated billing
A full accounting ledger solution featuring payment and receipt management, policy & agency billing and full bordereau reconciliation, fully automating the billing lifecycle.