uniLife covers a broad range of applications for the administration of employee benefits and private provisions:
- Administration of group and individual life insurance policies including actuarial calculations
- Administration of unit-linked investment products including risk insurance
The uniCal calculation module administers the mortality tables, parameters and formula calculator. On this basis, experts can carry out all underwriting calculations. This makes it possible to quickly parameterise new rates without having to make changes to the program.
uniFlow, the workflow manager, is a subsystem that can be used to process all business transactions. The program manages all the company’s processes, and directs workflows in terms of responsibilities and deadlines.
uniLife has been developed on IBM’s iSeries, and can therefore be easily integrated with an IBM platform.
Thanks to its structure as an integrated management system, uniLife represents a comprehensive solution. There is therefore no need to allocate administrative tasks to different servers.
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