Components
The
VPAS®
NBF application has four components:
Sales
Fulfillment
Underwriting
Fulfillment
Application
Fulfillment
Policy
Administration
Sales
Fulfillment Highlights
Application
Entry (through manual data entry, file import or the CRM interface)
Needs
Analysis (customized for each distribution/sales channel)
Sales
Proposal, which includes a link to the Illustration engine and generate
NAIC- or NASD- compliant documents that can be archived in the applicant
database
Suitability
Review service that gathers and organizes data to a Broker/Dealer compliance
group to facilitate the review process
Producer
Work Desk, which provides a web view of all applications pending for
a specific producer
Underwriting
Fulfillment Highlights
Underwriting
Analysis, which includes automatic requirements generation, a user-defined
rules engine, and links to information vendors
Underwriters
Work Desk, which is web-based, enables users to easily manage underwriting
requirements and process the electronic responses from service providers,
the results of which can be stored in the applicant database
Disposition,
which includes the workflow and automation management interfaces
Application
Fulfillment Highlights
Shared
Components, such as the CRM interface and the report processor, enable
you to access Client Relation Management data and reporting services
for IGO management respectively
Security
authentication occurs according to the names of users entered by the
system administrator, and their roles and responsibilities determine
the views, menu bar selections and associated actions.
Rapid
development of business components using Focus Solutions goal:technology,
which is an XML-based data capture toolkit. Milliman's STEPSolutions
is a JAVA-based application that enables automation of insurance business
processes. All web services use the SOAP protocol and IBM WebSphere.
The
Open Business Architecture consists of three layers: Application, Transport
and Services. The Open Business Data Store uses the ACORD OLifE standard,
allowing for enterprise access of VPAS®
Life data. The ACORD standard TXLife transaction, which leverages XML,
is the request and response methodology for the NBF web services.
The
New Business workstation enables users to maintain the status of applications,
CWA, and so forth, because the IGO workflow engine routes documents
to personnel or processes associated with application fulfillment.
User
Interfaces
The
Application Fulfillment component has the following user interfaces:
Application
Entry
CSR
(Customer Service Representative)
Agent
Inquiry
Policy
Applicant Inquiry
***
For
more information about McCamish Systems, please contact our Sales &
Marketing group at Solutions@McCamish.com
or call 800.366.0819.
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