End-to-end across the value chain
From party onboarding and product definition through to claims settlement, reinsurance and accounting - RIFT covers the whole insurance lifecycle in one integrated platform. Each module is purpose-built and fully connected.
Party management
One authoritative record per party carrying many roles - client, agent, claimant, supplier - eliminating redundancy across the platform.
- 360° party view across relationships, events and documents
- Deduplication, segmentation and scoring
- Role-based profiles and commissioning rules
- GDPR and personal-data compliance built in
Product management
The configurational backbone: structured, rules-driven product design that feeds tarification, sales, underwriting, claims and reinsurance.
- Coverages, risks, limits, deductibles, conditions and clauses
- Tarification rules, rating factors and pricing logic
- Version and copy control with full audit trails
- Life, Non-Life and capitalisation products under one parametric framework
Sales, underwriting & policy admin
The complete policy lifecycle for all lines of business, enforcing product and business rules at every stage, with full auditability.
- Product-driven quotation and proposal
- New business with automatic underwriting rules
- Renewals, amendments, invoicing and payment scheduling
- Partial and full redemptions, with configurable rules and FIFO amortisation
- Managed termination, alerts and APS connectivity
Claims management
The full claims lifecycle for all LOBs, from First Notice of Loss through assessment, handling, settlement and closing.
- FNOL, registration, provisions and event management
- Built-in fraud prevention and recoveries
- External partner and provider management
- Claims reinsurance, coinsurance and APS connectivity
Reinsurance & coinsurance
Comprehensive support for treaty and facultative reinsurance and coinsurance in leader and non-leader roles, with accurate settlement.
- Proportional and non-proportional treaties
- Facultative, risk-by-risk negotiation and placement
- Coinsurance at policy and claims level
- 360° reinsurer view of exposures and balances
Payables, receivables & accounting
The financial backbone: every payable and receivable across billing, commissions, claims, reinsurance and coinsurance, reconciled.
- Billing, direct debit and agent collections
- Accounts receivable with aging and follow-up
- Accounts payable with approval workflows
- Automated general-ledger integration
Business intelligence
Turns RIFT's operational data into management insight, for day-to-day reporting and strategic decisions across the organisation.
- Out-of-the-box analyses across all modules
- Configurable dashboards and KPIs
- ETL pipelines to enterprise data warehouses
- High granularity across every business dimension
Documents management
A centralised, structured repository for all inbound and outbound communications, deeply integrated with policy and claims.
- Classification and metadata tagging
- Full image and digital-attachment support
- Entity-linked document views
- Embedded in policy and claims workflows
System administration
The operational control centre: configure, monitor and maintain every aspect of the platform's behaviour and governance.
- Calculation, provision and accounting-plan rules
- Visual workflow and template administration
- User management, profiling and audit logs
- Batch, ETL and data-migration tooling
Ready to transform your insurance operations?
Let us walk you through a tailored demo of RIFT, built for the full spectrum of insurance, from product definition to claims settlement.
Request a demo