Profida is used in the life, medical, funeral, short-term and even specialist insurance industry since 2006.
Its main application lies in managing the entire policy lifecycle from quotation to underwriting. This continues with vast collection capabilities and integrations with all major South African banks as well as many collection and payment bureaux. Profida provides complete flexibility for policies to be sold in currencies other than South African Rands natively.
Fully parameterised claim administration right on the policy hooked in to the workflow and document management engine is what claims administrators love.
Profida comes with integrated reinsurance capabilities, the detailed accounting breakdown automatically calculates the reinsurance splits according to the various ageement conditions (various treaty options and facultative reinsurance).
Ad hoc and fully automated insurer reporting saves a lot of time and makes it easy to stay compliant. Dedicated management information reports provide deep insights into your business, allowing to make the right calls for premium increases, changes in cover, supporting the most valuable brokers and so much more.
It is the superior platform available which adapts to the needs of all kinds of intermediaries, be it for you, the Financial Planner, the Short-Term or Long-Term Broker, the Fee-Based Praxis, the full financial services firm.
Being integrated with Astute for over 2 decades brings a lot of experience to the table, making your life easier.
Profida CRM, record keeping, workflow engine, document management and event log facilities not only make your work so much easier, they also assist in being compliant with applicable legislations.
A customisable library of reports provides detailed short, to-the point information in English and Afrikaans. You can easily manage bulk or segmented mail-merge distribution profiles across your entire client base or segments.