Siba Solutions Overview
Our suite of solutions which are christened SIBA and mainly on insurance are designed to effectively manage the full range of insurance, including life, property and casualty, providing support for all insurer’s activities including the work of sales force and client's service.
Supports entire lifecycle operation of general insurance business, from underwriting, endorsement, claims, renewals, reinsurance to accounts which are seamlessly integrated to avoid data redundancy. The fully integrated component supports the core business processes where data entered from Underwriting is available on real-time basis for Claims, Policy Management, Reinsurance and Accounts for further processing. SIBAGEN is a multi-currency solution that makes comprehensive use of a parameterized approach for the configuration of complex insurance products. SIBAGEN is highly extensible and customizable product.
Life System Suite: supports entire lifecycle operation of life insurance business ranging from new business, alterations, billing, collections, commission, claims, reinsurance, finance to compensation. SIBALIFE supports all mainstream products from traditional to investment linked, universal life, and annuity, with high degree of flexibility, configurability.
SIBASUITE consists of other supplementary non-core solutions of the BFSI sector which are fully integrated with the core financial solutions. There are currently three main SIBASUITE solutions thus:
- Business Intelligence Data Analytics and Monitoring System
- Business Process Management
SIBA DIGITAL Suites® is a full lifecycle insurance and financial distribution suite providing automated product management to insurers and financial sector. It is available via the below distribution technologies
- Siba Portal
- Siba Mobile
- Siba USSD
- Siba Cloud
Companies using our Solutions