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Your way to really own your insurance system
Why JAAHIZ Insurance Solutions?
Because it's a rare fully integrated web-based insurance solution that gives you a real full autonomy to take control of your system with very low Total Cost of Ownership.
Insurance accounting, billing & collections

JAAHIZ Insurance System provides all mainstream insurance accounting functionalities from raising and posting premiums to the settlement of those premiums and general ledger interface generation. Any entity in the insurance system, policy, client, reinsurer, agent, other insurance company, provider, has its own account to manage and follow up credits, debits and balances.
JAAHIZ Insurance Accounting module allows a detailed tracking for every financial transaction including the management of premiums overpayments and partial payments. Billing and payments reports and letters can be customized, generated and printed.

With Billing, Collections & Accounting module you can:
1 Capture receipts in different forms…
Receipts Reception You will be able to accept receipts in various forms, including:
• Direct receipts in terms of cash/cheque at the company’s head or branch offices.
• Receipts through credit card payments.
• Bulk receipts through employer salary deduction.
• Bulk receipts through bank (especially for bancassurance policies).
2 Allocate receipts…
Receipts Allocation Allocate receipts to specific policies/endorsements.
3 Record receipt with different currencies…
Currency Receipts and payments may be recorded in currencies other than the base currency of the account/policy/claim, with appropriate translation into the base account.
4 Maintain bank accounts information…
Bank Accounts • Maintain, within the database, details of the employer/bank account;
• Generate requests for the premiums/contributions to be collected.
• Receive and upload details of paid/unpaid requests along with the appropriate reconciliation functionality.
5 Automatically generate cheques…
Cheque Processing Use an efficient cheque generation and printing mechanism through an automatic cheque processing module.
6 Export accounting data…
General Ledger Interface Ability to export accounting transactions to an external general ledger based on accounting entries defined as parameters.
7 Parameterize multi-level chart of accounts…
Chart of Accounts You have the ability to define a multi-level chart of accounts and update it - based on a third party general ledger.
8 Maintain accounting data for many locations…
Many locations transactions Because the system is multi-distribution channel and multi-branch, it allows you to maintain accounting transactions for multiple locations.
9 Parameterize standard accounting entries…
Accounting Entries The system gives you the capability of defining standard accounting entries for various transactions in a parametric way.
"Seeing is believing"; to learn how JAAHIZ Insurance Solutions can save you time and keep the Total Cost of Ownership very low by simplifying your system maintenance, changes and enhancements processes please contact us
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