managed software service for life insurers
Engineered and designed for unparalleled productivity
What is Lifeware
A complete, fully integrated, web based solution for the management of life insurance products: this is Lifeware service.
Lifeware was founded in 1998 in Switzerland, when a leading group of mathematicians, physicists and computer scientists decided to combine their expertise and innovative thinking about the life insurance business into their own company.
Today Lifeware can count on 15 customers that successfully run their businesses on its highly innovative, finely crafted solution. A software service that drives unparalleled productivity.
Lifeware's mission is to build and provide the most innovative, sophisticated yet simple software service for managing life insurance businesses for innovative and dynamic life insurance companies, worldwide. The team behind the software services shares a few basic but utterly important beliefs about methodology and approach to software projects:
– Product development
– Product management
– Risk analysis
– Time base simulations
– Policy life cycle management
– Asset management
– Payment traffic management
– Finance and accounting
– Document management
– Compliance and legal
– Regulatory and tax reporting
– Multicurrency, multi language
– Claims management
– KYC, AML etc
– Multi channel
– Underwriting process
– Reinsurance reporting
– API integration
– Business analytics in conjunction with Galytix
Why are we different?
Our operational risks are low and optimal. The wide spectrum of competences owned by the Lifeware team, ranging from design and development of life-insurance products to their day-to-day management, brought them to develop an innovative business approach and a completely new and unique set of software tools for the life insurance sector. Lifeware's service is key to significant cost reduction. It gives Lifeware's clients a competitive market advantage and new scope in the relationship with their customers.
We mitigate opertional risks by applying the best practice and best endeavours and our deep know-how
We import our customers' legacy systems in Lifeware
We handle everything
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