PLP Risk

PLP Risk is a flexible personal life risk policy administration solution. Policy sales, lifecycle management and claims handling are at the very core of our system with modern abilities to automate, integrate and adapt to customers’ digitalization and omnichannel strategies. PLP Risk is a high demand and natural extension to our PLP Savings offering within the life insurance market.

For whom

PLP Risk is a solution for Nordic Life and Pension personal risk life insurers. Based on our strong expertise within the L&P sector, we offer a core solution for handling personal risk policies.

The solution includes:

  • Effective coverage of insurance product and portfolio management
  • Deeply rooted support for sales and channel variation & branding support
  • Core sales, lifecycle and claims process support with an emphasis on digitalization and efficient ways to automate and run daily operations

 

Benefits

Effective insurance product portfolio management, with short time-to-market

 

Claims handling with automation

Extensive support for product variation and branding for sales channels 

Support for insurance products with combined risk and savings covers

 

Flexible business rules and automated processes

 

Fully compliant with EU regulation

Key features

  • Support for typical insurance products including personal risk insurances for person and company clients and loan covers including couples’ risk covers 
  • Covers for single claim payments in case of death, critical illness and permanent disability
  • Daily allowance covers for temporary disability and hospitalization
  • Cover for medical expenses
  • Complete support for sales, lifecycle and claims business processes
  • Digitalization and automatization of services to build efficient operations
  • Proven policy migration services for converting legacy policy data

Interested? Please contact us at sales@profitsoftware.com