Common Features 

• Flexible setup definition and comprehensive underwriting process
• Direct sales channels through ESKA CRM integration
• Online sales channels via bancassurance, agent, customer, and broker portals
• Earned/Unearned production and reinsurance figures
• Several premium calculation methods with commissions & incentives
• Claim reserve, payments, and recovery processing
• Automatic reinsurance and bordereau generation
• Real-time posting to financial & reverse posting

Policy Administration 

The policy administration system of ESKA Insures keeps track of an insurer's entire portfolio of policies and manages their lifecycle. It processes related insurance tasks including rating, quoting, issuing, endorsements, and renewals. It manages all aspects of a policy's existence, including storing and updating policy details and billing information, tracking beneficiary changes, cancelling policies, and designing transaction workflows.

Claims Processing

Insurance systems in ESKA Insures simplify the challenges of claims processing by providing a clear, process approach. The systems include everything an insurance firm needs to efficiently manage claims with claimants and third parties, as well as keep tabs on the relevant financial transactions.

Reinsurance 

By spreading your risks across various reinsurers, ESKA Insures frees you to develop more innovative insurance products for your customers. You will have a much easier time categorizing and allocating risks among various reinsurance plans and treaties.

Takaful

The Takaful system was developed using the Wakalah economic model. It is an effective means of dividing up earnings from eligible policies across all lines of business and types of insurance. ESKA Insures incorporates the guidelines of Takaful, enabling the design of insurance models spanning Morabaha, Wakalah, and Modaraba concepts, creating a better-diversified insurance portfolio. Takaful allows for dynamic calculation of surplus amount and Al-Qard Al-Hasan as well as automatic calculation of incentives, capital reserve, and Profit, as well as a wide range of options for defining and calculating Wakalah fees.

EXTENDED FUNCTIONALITIES 

ESKA Insures also extends its functionalities through Customer and Partner Portals and Mobile Apps as well as Notifications and Approval systems.

Sales and Partner Portals 

Through ESKA Insure's portals, your sales team, agents, and brokers will have access to straight-through processing (STP) for quoting, issuing policies, and making changes. Because of their efforts, the workflow between insurers and policyholders is more streamlined and secure. 

Opportunities with Bancassurance 

ESKA Bancassurance automates and accelerates the process of creating quotations, issuing policies, alterations, and renewals. Customers can additionally file claims information and receive updates on their claim statuses right from their local bank.

Customer Portal

The expedited access and sales process provided by the customer portal and mobile app from ESKA Insures will improve your company's efficiency and the level of delight experienced by your clientele. Utilize ESKA Insures’ Customer Portal and Mobile App to make it easier for consumers to manage their policies, payments, and claims independently by providing them with self-service options.

Stay Up to Date

The ESKA Insure’s notification systems helps keep everybody on the same page by automating and scheduling notifications for any and every work process. 

Approvals Fully Automated

ESKA Insure’s helps you to slash the bulk from your workloads without sacrificing control by providing easy-to-use automated tasks, which help you delegate and verify all necessary inputs and approvals.