On August 14, 2023, Premier Insurance signed a new contract for GENIISYS Subscription, kicking off the start of the project.
Premier Insurance is a long-time GENIISYS client, having used the core software since 2011 in a perpetual, on-premise model. Over time, Premier’s servers reached their end-of-life and support was difficult to obtain. Thus, Premier saw the need to move into digital technology platforms to support their core system requirements as well as to gain competitive advantage.
CPI offered Premier the opportunity to renew their GENIISYS license with the GENIISYS Subscription model. This allowed Premier to upgrade their software ensuring they received access to up-to-date technology and upfront investment savings through the subscription’s inclusion of database licenses and infrastructure set up and management. Moreover, with the new updates and add-ons to GENIISYS, Premier saw more potential to improve their business processes with an enhanced version of GENIISYS. To quote Phillip Lee, Premier Insurance’s Director, “CPI has been very helpful and professional in ensuring a smooth implementation and upgrade of our existing system. With this new upgrade, GENIISYS will elevate Premier Insurance in the competitive market by providing exceptional customer service, recognize process efficiencies and ease of access from digitalization.”
Access to GENIISYS’ CAS Accredited Feature
As an Insurance Company, compliance with industry standards and regulatory requirements such as Catastrophe Reports, BIR Submissions, and Insurance Commission reports are a must. GENIISYS’ clients are CAS (Computerized Accounting System) accredited. Thus, GENIISYS incorporates these regulatory and compliance requirements providing users with the tools to efficiently capture, process, and generate compliant documents and reports.
Enhancing Company Dynamics and Empowering Agents
In addition, Premier requested the inclusion of a popular GENIISYS add-on “Agents Portal” to empower their agents with real-time information and updates anytime and anywhere. The Agents Portal gives Premier’s agents access to business intelligence and analytics through pre-built dashboards as well as transaction inquiries on policies, claims, commissions, and more. Agents are also able to quickly and efficiently service renewals, file claims, make payments, and receive commissions. This makes coordination between Premier and its agents more seamless across various channels. In addition, the portal provides an SMS Automated facility, to notify agents on updates and next steps.
The new GENIISYS implementation is on schedule and targeted to be completed in Q1 2024. Carl Ventura, CPI’s President and CEO said “CPI is excited to enable Premier Insurance and their stakeholders through GENIISYS and help improve their operations and support their business goals. With the success of this project, we hope to drive the digital transformation of Premier and open the doors to further opportunities with them”.
The Premier Life and General Assurance Corporation is a 100% Filipino-owned domestic non-life insurance company. It is headquartered in Manila and offers dependable, quality, and affordable insurance and surety coverage to its vast clientele. The company aims to explore and pioneer new trends and specialty lines in the insurance industry, expand its market base, and capitalize on its extensive experience to assert its foothold as a leading insurance company.
Computer Professionals Inc.
CPI is proud to be an all-Filipino-owned technology company with a successful history of delivering innovative, high-quality, robust, and maintainable software solutions and services to a long list of satisfied customers, primarily in the insurance industry. CPI is the developer of GENIISYS, the Philippines’ Leading General Insurance Integrated Software. For over 25 years, GENIISYS has been the core software of choice for many companies in the country.
Interested to know more about the GENIISYS subscription model? The latest version offers a number of benefits to businesses of all sizes, including:
- Up to 65% reduction on your initial upfront investment
- Concurrent User Pricing
- Infrastructure hosting and Infra maintenance support
- Bundled inclusion of annual maintenance and support for the application
- …And many more free additional features!
Contact us to learn more and let us help you Engineer Success today!