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ElixirAsia
Did You Know?
ElixirAsia has been implemented in multiple languages
ElixirAsia supports multiple lines of life insurance business
ElixirAsia is proven to scale to multimillion policies
ElixirAsia enables you to ´ go live´ with your insurance business in 90 days.
Case Study
CIMB AVIVA, Malaysia

ElixirAsia helped CIMB AVIVA to replace their traditional text based Core Insurance System to highly scalable Agile Platform
Enabling Agility for Business Growth

ElixirAsia improved operational efficiency and accelerated launch of products by 50%.
Product Configurator
New Products Configured Quickly
  • Configuration of 200+ products made possible
  • New product configuration with minimal effort
  • Event benefit definition enabled
  • Products supported include term, endowment, whole life, retirement and investment linked
  • Riders supported, including accidental death, critical illness, waiver of premium, health riders amongst others
Distribution Manager
Dynamic Distribution Enabled
  • Unlimited hierarchies with multiple reporting relationships between producer, managers, channels
  • Compensation consolidation across lines of business and channels
  • Supports definition & evaluation of monetary and non-monetary incentives
  • Producer and channel performance evaluation by user defined KPIs
New Business &
Underwriting
Manager
Systems for the Experts
  • Contact management and Sales Illustration
  • Error omissions in application processing using reflexive data capture
  • Straight through processing and tracking of new business proposals
  • Auto approval of regular cases and exception handling using underwriting workbench
Policy Servicing
Manager
Enhanced customer experience with lower servicing cost
  • Definition of product wise alternation rules
  • Supports both financial and non-financial alterations
  • Investment linked alterations for top-up, withdrawal switching
  • Multiple alterations in a single instance
Claims Manager
Quick payout through streamlined claims processing
  • Payment resolution through automatic adjudication of claims
  • Quicker claims processing using claims workbench
  • Auto payout's to multiple beneficiaries/payees enables efficient processing
  • Outstanding claims analysis and turnaround time analysis
  • Payout Schedule Management
Finance Manager
Integrated financial transactions with accuracy
  • Definition of dues and charge type
  • Account mapping for accounting entries
  • Comprehensive financial accounting with support for non-policy transactions
  • Support for generating sub-ledger, general ledger, trial balance and bank reconciliation
Reinsurance Manager
Integration with Reinsurers
  • Automatic reinsurance with reinsurance partners
  • Comprehensive treaty definition
  • Supports standard and facultative reinsurance
  • Integration with reinsurer's systems
  • Bordereaux reports