Five countries in one system
The rules of each country are set as versioned data: settlement deadlines, the cooling-off period, the limitation period, AML thresholds, the working-day calendar and the time zone. Insurers in different countries run on the same product version.
Countries
Kazakhstan
The largest insurance market in Central Asia
Regulator Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM)
Russia
The largest insurance market in the CIS
Regulator Bank of Russia
Kyrgyzstan
An actively developing insurance market
Regulator Financial Market Regulation and Supervision Service under the Ministry of Economy and Commerce of the Kyrgyz Republic (Finnadzor)
Uzbekistan
The most populous market in Central Asia
Regulator National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP)
Mongolia
A fast-growing market with high potential
Regulator Financial Regulatory Commission of Mongolia (FRC)
What the country profile defines
Statutory deadlines
The claim settlement deadline, the complaint response deadline and the limitation period for recovery are calculated under the country’s law and working-day calendar.
Client protection
The cooling-off period on cancellation, the key information document and the product passport where the regulator requires them.
AML
Mandatory transaction monitoring thresholds under the country’s law in its national currency.
Money
National currency, national bank exchange rates and local payment gateways.
Registries and bureaus
Contract registration obligations, credit bureaus and screening providers of the country.
Language
Interface, documents and notifications in the country’s language, name search in Latin and Cyrillic.
The country profile is delivered as a versioned regulatory pack and is updated separately from the platform version.
We also work with other markets
A new country is added with a country profile, reference data and a regulatory pack, without code changes. Tell us about your market, and we will assess local integrations and reporting.
Discuss your countryShall 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.