During 2013, we designed a Brand New Quasi Groups System for Entrepo Life of Windhoek, Namibia. It catered for their Single as well as Monthly Premium Policies that they insured and Administered on behalf of their Clients. It catered for the following types of Loans:
These loans were insured against the following occurrences:
The system allowed user to upload Excel files containing the Members Details and the Premium that have been paid each month. If a
Earlier version of this system is still running at Metropolitan Windhoek, Namibia.
Originally, this system was designed for FedSure's Credit Life division in 1995. After its phenomenal success in the Johannesburg Branch it was implemented in FedSure's Windhoek, Namibia Branch in June 1999. In 2001, FedSure was taken over by Investec and the Credit Life Division was moved to Hollard Insurance. The Quasi Groups System was in operation at Hollard Insurance for TEN years.
The Windhoek, Namibia Branch of FedSure was taken over initially by Channel Life and subsequently by Metropolitan. The Quasi Groups System has been the loyal servant of all these companies.
Member defaults on his/her premium in any month then it is reported and multiple defaults cause the Member's Policy to Lapse.
When a Claim is instituted against a Member;s Policy then the Claim details are entered in to the System. Depending on the cause of the Claim, some necessary documentation has to be produced such as The Death Certificate, Police Certificate, Doctor's Report etc. The documents are scanned and attached to the Claim so that it can be examined at any given time.
There are many reports that are available in the system that allows management to analyze Claims against the Categories, Scheme Type, Reasons etc. The profitability of these Schemes and Benefits can be established through these reports. Some of the info is available in Excel format as well.
T : +27 11 839 2645
T : 086 16 RAPID
E : email@example.com
F : +27 11 839 2645
MON - FRI 8am - 5pm
SAT 9am - 12pm
14 High Street
Johannesburg - 2092
99.9 % Uptime