Economic Cinch
Objective:
Economic
Cinch is the web based project. This project main objective is to automate all
possible functionalities of the insurance sectors by helping all stakeholders
to use this web based system. Obviously, company is looking for more profit,
bigger market reach and 24X7 availability of services
Existing System:
The current system is semi-automated
system. In this system the customer can know the information about any policy
by agent only. (In this system the agent’s recruitment will be done on the
basis of exam conducted at desired location). In this system the calculation
for policy premiums is done manually using devices like calculator. Providing
help to the customers manually is a tedious job. In this system policy
confirmation is sent through letters only. This system doesn’t have the
facility of 24 X 7.
Proposed System:
The
development of new system contains advanced features. This system provides
information about new policies or existing polices in the automated format like
PDF files. This system maintains catalog and contact information about agent’s
branch wise. This system maintains the profiles and manages the same of all
policy holders. Automated e-mail based confirmation is possible in this system.
This system provides interface to customer that helps him to know about his/her
policy details. It also provides the search facilities about newly added policies
in the existing system. The new system also provides the interface to the
agents. The agents have the facility to send mails/alert messages to his
customers regarding policy premium renewals. This system provides online help
to customers and training modules to agents and customers grievance handling
mechanism
Modules:
The
system has been identified to be presented with the following modules:
Administrators
Agents
Customers
Premium Calculations
Web Registration
Search
Reports
Authentication
Module Description:
Administrator
Administrator is a super user treated as
owner of this site. He can have all the
privileges. Administrator can register
customers, agents directly, and delete the information of a registered agent. Administrator can add new policies,
information, notices and their work structure into the system. Admin can
provide on line help to the customers and process their queries and send status
to the customers. He can provide agents
information of customer native region.
He can conduct training modules to the agents.
Agents
An agent is a registered user approved by the
administrator with regard to a particular region. Agent’s information is provided to the
customers by administrator only. Agents
can set alert mails for the premiums due or new or important notices. All such formats should be available in
advance to the customers by agents only. Agents need to provide necessary information
to the customers and educate them.
Customers
A policy holder is called as customer to this
system. He can log into this system in
24 X 7 mode. He needs to pay insurance premium through online. A customer claims a report and check the
status also.
Premium Calculations
Insurance
Premium is the payment made by the policy holder to the insurance company on a regular time span. This payment has to be made by the insured person till the maturity of the insurance. Insurance Premium may vary
from company to company along with the coverage limit. Thus, while selecting an
insurance policy one should be very careful and should compare all the
possible options through this system. The administrator or agents calculate the premiums on the basis of the requirement particulars of the customer.
Web Registration
The system has a process of
registration. Every customer need to
submit his complete details in the form of registration. When a user registration is completed he is provided
with a user id and password with which he can log into the system.
Search
Different kinds of search are available
to customer as well as administrator.
Information catalog and search facility for all available policies and
exportable in PDF formats, Catalog and contact information about agents of your
regions are available. Agent information can be displayed to the customers in
their own regions.
Reports
Different kind of reports is
generated by the system.
Insurance agent
should be able to generate reports for a number of policies processed in specified
duration with a detailed backup.
Number of policies
for specific insurance plan with details.
Number of policies
prepared customer wise with details.
Policy wise reports
for amount and customer details.
Customer can get
report on payment history.
Software:
OS : Windows OS (XP / 2000 Server / 2003
Server)
Designer :
Visual Studio .Net 2008 Enterprise
Edition
Language :
C#.NET/VB.NET
Web
Server :
Internet Information Server 6.0
(IIS)
Database :
SQL Server 2008 Enterprise
Hardware:
CPU : PIV 2.8 GHz Processor or Above
RAM : 512MB or Above
HDD : 40 GB Hard Disk Space or Above
