Quasar Features

Comprehensive Functionality

The QUASAR Insurance System provides a client-based system for business generation, policy, claims and accounting administration resultingfrom agents or direct client business.

The main processing modules cover the following functional areas:

  • client
  • quotation and business capture
  • underwriting
  • policy
  • claims
  • accounting
  • reinsurance
The system administers a comprehensive range of business classes, including:
  • general
  • personal
  • household
  • motor
  • health
  • life and pensions
  • commercial
  • fleet
  • liability
  • engineering
  • marine
  • medical
QUASAR links to a wide range of third party software including office workflow management and imaging products.

Product Driven Toolset

QUASAR allows users to define and set up new products and schemes quickly without having to utilise specialist computer skills.  Thus the new product to market cycle is typically weeks or even days.  A range of tools within QUASAR Insurance System ensure that the system is driven according to the products it serves.  These include:

  • risk definition
  • user-definable rating factors and premium rates
  • multiple product classification within affinity groups and agents
  • commission calculation
  • automatic discount and loadings
  • quotation facilities
  • user-definable documents

Flexibility

The system allows many features to be set up by users on a fully customised ad hoc basis.  These are:

  • screens
  • data storage
  • reports
  • reporting structures
  • documents
  • accounting structures
  • menus
  • queries
  • language
  • security access control

Integrated Features

QUASAR tools which service the main system and provide administrative and business functions include:

  • document production
  • ad-hoc queries and reports (INSQUIZ)
  • diary
  • history and archiving
  • batch processing
  • statistics
  • marketing
  • management reports

Modular Construction

The system's modular construction enables users to easily tailor applications according to need.  The main modules are:

  • Client Administration
  • Quotations
  • Business Capture
  • Policy and Risk Administration
  • Claims Administration
  • Accounts
  • Agency Management
  • Management Reporting and Statistics
  • Nominal Ledger
  • Reinsurance

Open Environment

QUASAR utilises open operating systems such as Unix, OSF3 and Open VMS, allowing the customer to choose from a range of over fifty hardware platforms.

International Applicability

The power and flexibility of the QUASAR Insurance System combined with multi-currency and language independence has enabled QUASAR to be installed in many sites worldwide.

Client-Driven Data Structure

The data structure is hierarchical and client driven allowing multiple views of the system from client level down.