MIP Personal Finance offers an end-to-end solution that manages all aspects of the Group Life Insurance to a defined group of people, whilst adapting resourcefully to market and regulatory changes.
MIP Personal Finance Group (PFG) Solutions began in 2009 and has since grown to support a Local, National and Regional Client base, including SADEC countries.
Our streamlined scheme and member processing is achieved through reduced paper, workflow management and shorter processing times for taking on new scheme and member business and changes.
There is no need for servicing personnel to access multiple systems to find the required information. Instead, all related information is logically grouped for quick review or to progress easily from one functional area to another, simply by clicking a button or selecting a link. As a result, the management of an insurer’s business is made both efficient and cost effective.
By following user configurable business process definitions, the Personal Finance Group (PFG) system automatically performs accurate activities for each type of scheme and its members at each stage of its lifecycle. Furthermore, the real-time processing of all transactions ensures that one will not have to wait overnight for batch cycles and time- consuming follow-ups.
In a saturated industry, you need to differentiate your products from your competitors and now this is economically feasible.
Flexible user-controlled product configuration is one of the key features that set MIP's Personal Finance Group (PFG) system apart from most administration systems available today. With traditional systems, even the small changes needed to keep product lines current, can take months to make. Within the Personal Finance Group (PFG) system, all product information is stored as data, so product changes do not have to be coded. This is our way of ensuring that new product introduction results in a much faster time-to-market with minimal, if any, programming changes and no system downtime.
So, what makes us different?
You will benefit from our business experts who are empowered to implement system changes with ease to achieve new levels of responsiveness. The flexibility of the solution facilitates rapid data migration of all data via a quick and simple import functionality.
If you wish to see a demo of the above features, please click on the link below and submit your contact details and we will contact you within 24 hours to setup a “face to face” demo with your relevant stakeholders.
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