Business Reinsurance and Insurance Company System (BRICS) is a modern and powerful pure web-based, multi-lingual, multi-currency insurance carrier system, designed to cater to the complete range of general insurance activities from – Clients Management, Policy Administration, Dynamic rating and quoting, Claims management, Accounting, Document Management and also gives an option to do comparative quoting for direct broking operations for Insurance Carriers, MGA’s and brokers .

BRICS Product builder is rules-based and table-driven, giving you access to quick development and modification of insurance products and lines of business with few, if any, programming changes. Most processing parameters and validation criteria are carried as easily maintainable values in relational database tables. When program changes are unavoidable, the modular design and construction techniques simplify design and testing. This feature makes the implementation and deployment process of BRICS even faster.

The system comes with an inbuilt data exchange that enables data download between carriers to agencies/brokers and it automates majority of the workflows within a single system for an Insurance Company including:

• Prospect/Client Management
• Workflow based diary system
• Submission and Quote generation
• Policy issuance and management of all policy processes
• Claims settlement
• Reinsurance
• General Ledger accounting
• Document generation
• Agency interfacing