Administration System Assistance

Outdated or ineffectively maintained administrative systems can be detrimental to your business’s performance. Our multi-phase methodology is founded on a thorough needs assessment and the implementation of financially prudent, rigorously evaluated solutions.

System implementations or upgrades can benefit from actuarial involvement or management.

As an independent entity, SolveCo is able to focus on delivering project management results on time and in budget.

Identifying and correcting errors in insurance policy administration before system activation can save both time and money. Thorough pre-release policy testing requires the kind of high-level actuarial knowledge that SolveCo brings to the table.

We perform detailed rules testing plus the verification of administration processes on the new platform. This includes functionality and Process System Testing and User Acceptance Testing (UAT).

SolveCo specialises in independent support for insurance policy administration systems (PAS) and core insurance platforms

We can set up automating detailed testing plus the verification of administration processes on the platform. This enables testing to be done when a system version upgrade is done or new products are added to the system.

SolveCo specialises in writing new product implementation specifications, as well as analysing and verifying existing specifications by ensuring that all requirements are translated correctly.

We can recommend best fit administrative software to support your business processes including member onboarding, contribution collections and claim payment procedures.

Successful system migrations depend on the quality of the data that moves across. Incomplete, inconsistent or poorly mapped data creates errors in calculations, reporting, valuations and policy administration — and those errors are far more expensive to fix after go-live.

SolveCo supports insurers and pension funds with data preparation and cleansing before and after migration.