Proximity: Solutions for Financial Services

End-to-End Insurance Platform for Specialist Insurers and Underwriters

Proximity End-to-End Insurance Platform has been developed to suit providers of specialist insurance such as taxis, kit cars, commercial vehicles and boats, but it can equally meet the needs of more mainstream insurance markets.

For many insurance providers and underwriters, particularly in specialist markets, finding a way to bring new products to market quickly or access new distribution networks can be a significant challenge.

Proximity is a new and innovative platform that provides a complete end-to-end solution. From initial enquiry and quotation to issue of policy documents, mid term adjustments, cancellations, claims and renewals, Proximity enables speed of delivery and efficient administration.

Flexible reporting and bordereau production facilities improve the flow of data between distributor and underwriter, while a full audit log ensures visibility.

• Proximity End-to-End Insurance Platform’s features include:
• Full lifecycle policy management; new business enquiries, policy production, mid-term adjustments, claims, cancellations and renewals
• Full POS (Point of Sale) documentation
• Production of real-time management information and bordereaux
• MID (Motor Insurance Database) and DVLA posting
• Data export to Excel
• E-business capability
• Diary management to monitor renewals, milestones, etc.
• Document management
• Remote broker auditing
• Full end-to-end straight-through processing
• Speed of delivery enabling efficient administration
• Ability to launch new business lines quickly
• Full audit log, ensuring complete visibility
• Flexible and comprehensive rating engine
• Intuitive navigation
• Full transaction log

Proximity's web-based .Net architecture and infrastructure means that it can be deployed faster and more cost effectively than many other systems, and support multi-user, multi-site operations.