An insurance companyin one system
A3.Insurance covers the full insurer cycle: a product builder, the policy from quote to cancellation, claims settlement, reinsurance, IFRS 17 reserves and regulatory reporting. Sales run through the back office, the client portal, agents and partner websites.
Kazakhstan, Russia, Kyrgyzstan, Uzbekistan, Mongolia
What the product already has
The full cycle with no gaps between systems
The product, contract, payment, claim, reserve and report are kept in one database. There is no need to reconcile exports between a policy system, a claims system and actuarial spreadsheets: every event is visible in the next step at once.
- 01
Product
Coverages, rating plans and the questionnaire in a no-code builder
- 02
Contract
Quote, underwriting, issuance and versioned changes
- 03
Payment
Premium schedule, online payment, allocation and agent commission
- 04
Claim
Notification, assessment, payout with approvals and recovery
- 05
Reserve
UPR, RBNS, IBNR and IFRS 17 on contract data
- 06
Report
Regulatory report with a signature and response parsing
Product highlights
Twenty modules of one system. These are the ones people usually start with.
A new product without developers
Coverages, four kinds of rating plan factors, tables from XLSX, a questionnaire with conditions and a test calculation before publishing.
Claims settlement under the country’s law
Deadlines on the working-day calendar, four eyes on every payout, chat with the client and recovery with the limitation period.
Insurance on a partner’s website
Partner API, issuance on behalf of the partner, signed webhooks and a purchase widget in one line of code.
An actuary inside the system
Chain-Ladder, Bornhuetter-Ferguson, IFRS 17 with GMM, PAA, VFA and CSM on the same contracts and claims.
Life in the same database
Endowment and annuities, surrender value, waiver of premium, profit participation and unit-linked.
Client portal
Purchase with code signing and online payment, contract changes and claim notification from a phone.
Scoring and anti-fraud
Rules and models, including ONNX, an underwriting queue and claim notification parsing by a language model.
Sell where your client already is
One product questionnaire works in every channel. A bank, a marketplace or a car dealer embeds the purchase widget, and the Partner API issues the policy on its behalf and reports contract events through webhooks.
Partner API and webhooks- Insurer back office and agent network
- Client portal with online purchase and payment
- Purchase widget on a partner’s website
- Partner API: calculation, issuance, cancellation
- Policy event webhooks signed with HMAC
- Sales attribution and partner commission
Five countries out of the box
Settlement deadlines, cooling-off periods, limitation periods, AML thresholds and working-day calendars are set as versioned country data, not code branches. An insurer in any of the five countries runs on the same product version.
Kazakhstan
Russia
Kyrgyzstan
Uzbekistan
MongoliaThe insurer’s money under control
Reinsurance, reserves and payments are calculated on the same contracts as sales. A cession appears when the policy is issued, a case reserve when the claim is notified, and the accounting entry goes to 1C without manual input.
Reinsurance
Quota share, surplus and excess of loss with layers, stop loss, facultative, bordereaux and inward reinsurance.
Reserves and IFRS 17
UPR, RBNS, IBNR, the life mathematical reserve, groups of contracts and the CSM movement.
Payments
Premium schedules, 11 gateways, allocation, gateway reconciliation, overdue reminders and receivables.
Security the regulator will ask about
Permissions are checked both on the server and on every button. Personal data is encrypted and the activity log is signed, so a record cannot be silently changed after the fact.
- Roles built from 73 permissions with “approved” and “executed” kept separate
- Two-factor sign-in and SSO through OIDC and LDAP
- Activity log with signed events
- Personal data encryption, keys in HashiCorp Vault
- Data storage region of the insurer
- Installation in the client’s infrastructure with an offline license
Works together with
- A3.BankA bank sells borrower and depositor insurance in its own channels through the Partner API and the purchase widget.
- A3.MFOA microfinance organization insures borrowers at the moment a loan is issued.
- A3.VeriCoreVerification of a foreign credit report and the client’s identity before borrower insurance is issued.
A plan for the insurer’s scale
Starter to launch digital insurance, Professional with reinsurance and IFRS 17, Enterprise for holdings with installation in their own infrastructure.
Shall we show the system on your products?
We will build your product in the builder, take a policy from quote to claim and estimate the implementation cost for your lines of business and countries.