Wynsure version 4.4 offers insurance companies a way to manage complex commission arrangements as well as a powerful Web portal for business partners. Wynsure is a core insurance system used by insurers in North America, Europe, and Asia.
The new hierarchy commission function lets insurers manage commissions that various agencies are sharing in a hierarchy. Both life/health and property/casualty insurers deal with multiple levels of retail and managing general agencies.
The Wynsure Web portal allows the business partners of insurance carriers to view and update with their customers’ policies. For example, a broker can use the portal to make an address change on a policy; a human resources administrator could view a list of employees and their coverages.
Wynsure’s modular design allows deployment of a complete solution or one domain at a time. Modules include policy administration, claims, product factory, premium management, reinsurance, commissions, quoting, and customer care. The integrated solution provides core processing across modules, making the technical environment less complex and boosting data integrity.
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