Policy Management

SAP FS-PM is an insurance solution for the complete management of insurance policies. Main components of FS-PM include:

  • Customizable policy products and bundled products
  • Processing of requests for new policies
  • Rating engine based on actuarial calculations
  • Policy issuance and subsequent correspondence to customers
  • Direct interface to SAP FS-CD premium billing
  • Customizable insurance business rules
  • Full support of co-insurance products
  • Support for all languages, currencies and tax structures
  • Full integration with SAP Business Workflow
  • Full integration with SAP Business Partner