The major features of the platform
Lifeware was started in 1998 in Switzerland, when a leading group of mathematicians and computer scientists, until then at the head of Credit Suisse Life's developers' team, decided to go their own way and bring their expertise and innovative thinking about the life insurance business into their own company.
Their decision was driven by a growing awareness that the new technologies and the development of the Internet would have a dramatic impact on the future of the life insurance industry. Innovative products at lower prices, available over new distribution channels, would open whole new landscape of activities, with far-reaching consequences in the insurance business.
Development, risk analysis, policy life cycle, risk analysis, time base simulations, offer, application
We implement the best strategy for companies to reduce time to market and achieve overall cost savings. We implement time based simulation
The successful management of a policy from the point at which it is created up to when it is updated to a new version or retired.
Is used to receive, track, manage and store documents and reduce paper. Say once only once
Is the practice of increasing total wealth over time by acquiring, maintaining, and trading investments that have the potential to grow in value
All your transactions in one place easier to manage
All the reports you might need just a few clicks away
Every information you might need just a few clicks away
Document, asset, payment traffic, reporting, finance and accounting, compliance and legal, regulatory and tax reporting.
Our unparalleled know how, will keep you updated on the latest legal requirements
Years of experience have built an extensive know how that can keep our customer updated
Lifeware solution has been delivered in 7 languages so far and with the support of multiple currencies and multi mandate
Claims for compensation, reparation, restitution or any other remedy for financial loss or breach of contractual obligation.
Know Your Client and Anti money laundering compliance
From your channels and platforms in Lifeware system
Insurance underwriting is the way an insurance company assesses the risk and profitability of offering a policy to someone.
All reports you might need for yourself or your clients.
The connection between two or more applications via their APIs (application programming interfaces) that allow systems to exchange data sources.
AI-driven operating system powering enterprise data. Galytix.com
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Operational risks
Migration
We import our customers legacy systems in Lifeware
Infrastructure
Scalable, secure , redundant infrastructure
Always up date
Ongoing maintenance & support, weekly releases, always up date
SOC 1 Type II
Lifeware provides assurance to its customer that Lifeware has adequate internal controls
Only once
Say once only once, integrated services that caters for all functionalities
Pricing
Pay per use: pricing model that adapts to customer performance
Automation
Big reduction of operational costs through automation
Tailor made
A service built to serve your unique needs. Standard solutions cannot possibly satisfy customers’ needs.
Centric service
Real customer centric service
Customer
Small customer base, homeopathic growth