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ORACLE ERP SERVICES

Industry Solution · Insurance

Insurance ERP software for policies, claims & compliance

Our insurance ERP brings the full insurance operation into one platform — policy administration, underwriting, claims, premiums and payments, commissions and regulatory reporting — with the finance, accounting and analytics of ALA ERP underneath.

Policy-to-claim lifecycle Commission & payout automation Regulatory reporting built in
Insurance ERP
Policyto Claim
AutoPremium & Payout
CommissionAutomation
RegulatoryReporting
Insurance Features

Run the full insurance operation on one platform

Our insurance ERP connects every part of the business — from quoting and underwriting a policy to settling claims, paying commissions and filing regulatory reports — on top of a solid finance and accounting core.

Policy Administration

Issue and manage policies across products and lines, with endorsements, renewals and the full policy lifecycle.

ALA ERP policy administration master data - country, currency and regulatory reference codes
  • Policy Issuance
  • Endorsements
  • Renewals
  • Lifecycle

Underwriting

Assess risk, apply rules and rate quotes consistently, with approvals and a clear audit trail.

ALA ERP underwriting pipeline - proposals by stage with probability and weighted value
  • Risk Assessment
  • Rating
  • Underwriting Rules
  • Approvals

Claims Management

Register, assess, approve and settle claims with workflow, documents and status tracking.

ALA ERP claims management - claims logged by severity, source and resolution status
  • Claim Registration
  • Assessment
  • Approval
  • Settlement

Premiums & Payments

Calculate and collect premiums, manage installments and reconcile payments automatically.

ALA ERP premiums and payments - premium receipts and payment vouchers posted date-wise
  • Premium Calculation
  • Collection
  • Installments
  • Reconciliation

Commissions

Automate agent and broker commissions with configurable rules, statements and payouts.

ALA ERP Sales & Orders dashboard
  • Commission Rules
  • Statements
  • Payouts
  • Clawback

Reinsurance

Manage reinsurance treaties and cessions, with recoveries tracked against claims.

ALA ERP reinsurance - ceded vs retained variance analysis by cost centre
  • Treaties
  • Cessions
  • Recoveries
  • Bordereaux

Agent & Customer Portal

Give agents and customers self-service for quotes, policies, payments and claims status.

ALA ERP agent and customer portal access - user management across clients and branches
  • Agent Portal
  • Customer Portal
  • Self-Service
  • Status Tracking

Regulatory Reporting

Produce the financial and regulatory reports insurers need, on a compliant accounting core.

ALA ERP regulatory reporting - statutory reports with drill-down to underlying transactions
  • Regulatory Reports
  • Financial Statements
  • Audit Trail
  • Dashboards

From quote to claim across the policy lifecycle

Quoting and underwriting create policies, premiums fund them, claims draw on them and commissions reward distribution — all on one connected, compliant platform.

Quote

Quote & proposal

Underwrite

Risk & rating

Issue

Policy & premium

Service

Renewals & payments

Claim

Assess & settle

Report

Commissions & compliance

Why choose our insurance ERP

Run policies, claims and commissions on one platform

Connect every stage of the insurance lifecycle — from the first policy to the final settlement — so your teams, agents and regulators all work from the same accurate, real-time data.

01

Complete policy lifecycle

Manage quotes, underwriting, issuance, endorsements and renewals in one place, with every policy document and change tracked from inception to expiry.

02

Faster, transparent claims

Register, assess and settle claims through a structured workflow, so approvals move quickly, reserves stay accurate and every stakeholder sees the current status.

03

Accurate commissions and payments

Calculate agent and broker commissions automatically against each policy, and reconcile premiums, receipts and payouts without spreadsheets or manual errors.

04

Regulatory reporting built in

Produce the statutory and regulatory returns your authority requires straight from live data, with a complete audit trail behind every figure you submit.

Compliant, secure insurance operations

A compliant accounting core, full audit trails and role-based access support regulatory reporting and data protection, with approvals across underwriting, claims and payouts.

Learn more
ISO 27001 Data Security Audit Trail

Regulatory Reporting
Statements & filings

Role-Based Access
Underwriting & claims

Audit Trail
Every action tracked

Data Security
Backup & recovery

RegulatoryAudit TrailRole-BasedApprovalsData SecurityReinsuranceMulti-CurrencyBackup

Insurance operations that are connected and compliant

One Connected Platform

Policies, claims, payments and commissions share one system and one set of books.

  • Policy to claim
  • Premiums & payouts
  • Commissions
  • Finance core

Automation

Premium calculation, commission rules and claims workflow cut manual effort and errors.

  • Premium automation
  • Commission rules
  • Claims workflow
  • Reconciliation

Compliant & Secure

Regulatory reporting, audit trails and role-based access keep operations compliant.

  • Regulatory reports
  • Audit trail
  • Role-based access
  • Data security

What insurers say about our insurance ERP

Bringing policies, premiums and claims into one platform ended the reconciliation nightmare between systems.

Operations Head Insurance Company

Commission automation with clear statements removed disputes with our agents almost overnight.

Distribution Manager Insurance Brokerage

Claims workflow with documents and approvals made settlement faster and fully auditable.

Claims Manager General Insurer

Regulatory reporting on a proper accounting core saved us enormous effort at filing time.

Finance Controller Insurance Group

Measurable results from a connected insurance platform

Faster Claims settlement Workflow & documents
Fewer Commission disputes Automated statements
Compliant Reporting Built-in regulatory reports

* Results reported by our customers across implementations.

See our Insurance ERP in action — request a live demo

Walk through policy administration, claims, commissions and regulatory reporting with our team, tailored to your products and lines.

Frequently asked questions about our Insurance ERP

What does the insurance ERP cover?

Policy administration, underwriting, claims, premiums and payments, commissions, reinsurance, agent/customer portals and regulatory reporting.

Does it handle the full policy lifecycle?

Yes. From quote and underwriting to issuance, endorsements, renewals and cancellation, with the complete lifecycle tracked.

Can it automate commissions?

Yes. Agent and broker commissions are calculated from configurable rules, with statements, payouts and clawback.

How are claims managed?

Through a workflow from registration and assessment to approval and settlement, with documents and status tracking.

Is it compliant and secure?

Yes. It runs on a compliant accounting core with regulatory reporting, full audit trails and role-based access.

Is it built on ALA ERP?

It uses the finance, accounting and analytics core of ALA ERP, extended with insurance-specific policy, claims and commission modules.