Armundia 3SIXTY Bancassurance

Armundia 3SIXTY Bancassurance is the digital platform that supports Bancassurance in the management and placement of Life and Non-Life insurance policies.

The solution allows a complete and modern advisory service. It is based on an advanced model of multi-asset segmentation and profiling of the customer. Hence it enables the elaboration of proposals perfectly suited to the real needs of the investor.

Armundia 3SIXTY Bancassurance is designed to develop the Bancassurance channel into a strategic, fluid and integrated space of opportunities for banks and insurance companies. The “micro-services” architecture furthers integration within the managed processes and banking ecosystems..

INDUSTRIES

BANCASSURANCE, INSURANCE COMPANIES, CARRIERS

CAPABILITIES

A FLEXIBLE PLATFORM FOR ALL TYPES OF RISKS

Armundia 3SIXTY Bancassurance is a flexible platform for managing multi-class insurance products, suitable for the protection of all risk areas: Life, Health, Property, Profession, Automotive.

AUTOMATION OF OPERATIONAL WORKFLOW

Advanced workflow engine for contact management with functions of digital collaboration, automatic session tracking, alerting and triggering.

REGULATORY PROFILING AND KYC

Complete customer profiling with regulatory questionnaires, calculation or acquisition of profiles and scores, advisory questionnaires, adequacy engine and product governance.

FULL CROSS ADVISORY

Complete cross-advisory with functions of insurance position keeping, needs analysis, coverage analysis, suitable products choice, emission cycle, post-sale management

NEEDS ANALYSIS AND MACHINE LEARNING

Data-driven analysis and assessment of customer needs. Based on KYC and historical data, it is integrated with
Machine Learning techniques, semi-automatic inquiries and mapping of products by segments.

SUITABLE PRODUCTS CHOICE AND BASE PRICING

Starting from the assessment of the Need Scoring, the system guides the distributor in selecting the appropriate and necessary products. It then supports them in the definition of the specific and customizable base pricing by subject.

FINANCIAL LIFE-POLICIES OPTIMIZATION

This is a component for the optimization of financial life-policies (Branch III and Multi-Branch). It is equipped with a parametric environment for “flexible policies” management, based on agreements with the Insurance Company.

ASSET MIX ANALYSIS AND INDICATIVE SCORING

The policies resulting from the optimization process are represented and reported through Asset-mix Analysis functions. Thus, it calculates the indicative scoring to support the distributor.

ADVANCED REPORTING AND MULTI-CHANNEL

Advanced reporting tools for both internal and customer use, mobile client app, integration with digital signature services and advanced digital collaboration

DISTRIBUTION NETWORK ANALYSIS

Analysis functions to evaluate the business and the best strategies. Performance of the distribution network, of the quotation processes and Claims analysis

VIRTUAL BRANCH AND REMOTE SERVICES

Virtual branch with p2p video call and professional video chat for the remote provision of banking and insurance services

PERFORMANCE MONITORING

Performance calculation and monitoring service with possibility of data certification, for ex-post reporting of MiFID2