$ 120.00
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Website (website) • Discuss (mail) |
| Lines of code | 3772 |
| Technical Name |
rcs_insurance_management |
| License | AGPL-3 |
| Website | https://www.reliution.com/ |
| Versions | 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Website (website) • Discuss (mail) |
| Lines of code | 3772 |
| Technical Name |
rcs_insurance_management |
| License | AGPL-3 |
| Website | https://www.reliution.com/ |
| Versions | 18.0 19.0 |
Insurance Policy & Agent Management in Odoo
The Life Insurance Policy & Agent Management in Odoo app is a robust solution for streamlining and automating the entire lifecycle of insurance operations, from policy creation to claims settlement. Designed for insurance companies, brokers, and agencies, this module centralizes all critical functions, allowing you to efficiently handle client onboarding, policy issuance, premium tracking, renewals, and claims. By replacing fragmented processes with a single, integrated platform, the app empowers your team to manage policies, customers, and agents with unparalleled ease.
This powerful module transforms your insurance business by providing a centralized system for a seamless life insurance policy workflow. It automates tedious tasks, ensures accurate commission calculations, and provides real-time insights into your business performance. The app integrates seamlessly with Odooâs core modules like CRM, Accounting, and Contacts, creating a unified ecosystem that enhances customer service, boosts agent productivity, and drives business growth. Say goodbye to manual errors and disjointed data and hello to a smart, automated future.
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Copy Link : https://www.reliution.com/contact-us-odoo-development/
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Hot Features
Comprehensive Customer & Policy Management:
Effortlessly track all existing policy details, including coverage, tenure, premiums, and beneficiaries.
Integrated Agent Management:
Assign new policy sales to specific agents, monitor their performance, and track their commission.
Automated Premium Tracking & Reminders:
The system automates alerts for pending amount and sends follow-ups for overdue payments.
Efficient Claims Handling:
Manage the entire claims process, from initial submission to final approval, all from a single interface.
Automatic Commission Calculation:
Accurately calculate and manage agent commission and incentives based on sales performance.
Seamless Odoo Integration:
The module integrates directly with Odoo's Contacts, Accounting, and other core apps for a unified experience.
Insightful Dashboards:
Gain a clear overview of policies, collections, claims, and agent performance with intuitive dashboards.
Detailed Features
Set Up
Download & Install: Install the Life Insurance Policy & Agent Management app directly from the Odoo App Store.
Access the Dashboard: After installation, the app's Menu should be visible on your dashboard. By default, users are configured with the "Insurance Manager" role, which gives them full access.
Agent vs. Manager View: If you log in as an agent, you will have a restricted view, with some configuration options hidden, ensuring data security and a clean interface.
Work Flow
Create Agents: Navigate to
Configuration > Agent
to add all your agents into the
system. This
allows you to assign policies and track their performance.
Define Policy Types: Go to
Configuration > Policy Category
to define different
types of policies (e.g., term life, whole life).
Set Up Document Types: Under
Configuration > Document Type
,define the types of
documents you
need from customers, such as Aadhar card or Pan card.
Manage Customers & Policies: Use the Customer Menu to create new customer records. From here, you can assign them a new policy and view their details. Once you've filled out the Policy form and confirmed the policy, it will be visible on the main dashboard.
Handle Claims: Customers submit a request for an insurance claim, which can be done from the Claim menu located under the Insurance Management menu.
Customer Portal Access: Customers with portal access can log in to view their my policies details, billing information, and track their claims. They can also access their invoices and view payment details through the portal.
Industry-Specific Use Cases
This app is a perfect tool for large insurance companies and independent brokers. It centralizes all operations, from lead management to claims processing, ensuring a single source of truth for all policy details. It is especially useful for managing a large portfolio of existing policy documents.
For firms that offer insurance products as part of their services, this app provides an efficient way to manage client policies and track premiums. It can handle life insurance products like LIC or other financial products, ensuring a comprehensive view of a client's portfolio.
Companies providing life insurance benefits to their employees can use this app to manage group policies, track employee enrollments, and handle claims. It simplifies the administrative burden of managing benefits, including tracking premium payments and associated salary deductions.
Frequently Asked Questions (FAQs)
Yes, the app allows you to assign policies to a specific policy agent and track their sales, commissions, and overall performance through the agent management features and dashboards.
Yes, the system automates premium tracking and payment reminders based on the defined payment terms on the policy.
Absolutely. Customers with portal access can log in to see their my policies list, policy details, invoices, and current payment status.
Yes, the app automatically calculates and manages agent commission based on the sales and payment data within the system.
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