Maintain multi-level coverage hierarchies across policy transactions, and process bulk renewals for both single-root and multi-root policies.
- Offer Bundled and Flexible Benefits with Multi-Level Coverage Structures
Maintain nested coverage hierarchies throughout the policy lifecycle to support bundled insurance offerings. Preserve parent-child coverage relationships of up to four levels across policy issuance, endorsements, reinstatements, and renewals. Close the gap between quoting and policy administration to ensure bundled coverage structures remain consistent across policy transactions. - Renew Policies at Scale with Bulk Processing for Single and Multi-Root Policies
Renew a large volume of policies in a single bulk process that supports both single-root and multi-root policies. Manage peak renewal loads efficiently with a common workflow for different policy structures. Generate renewal quotes, make policy updates, and renew policies for both annual and custom terms. - Changed Connect REST APIs in Insurance Policy Administration
Calculate billing while issuing, endorsing, and renewing insurance policies, including multi-root policy management, when Career Billing is enabled in your org.