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Athena
Comprehensive Insurance
Distribution Solution
We Deliver IT

COPYRIGHT NOTICE
Copyright © 2010 Bennett Technologies (P) Limited

All rights reserved. These materials are confidential and proprietary to Bennett and no part of these materials should be reproduced, published in any form by any means, electronic or
mechanical including photocopy or any information storage or retrieval system nor should the materials be disclosed to third parties without the express written authorization of Bennett
Technologies (P) Limited.
System Overview - Actors
Employees

Customers

Athena

Business
Partners

Providers
Athena Overview
Policy Lifecycle Management
Policy Creation
Pre-Login Verification Process
Login
Post-Login Verification
Issuance
Pendency Tracking
Lapsation
Recovery
Types of Policies include:
Life Insurance
Motor Insurance – Cover note Management
Health Insurance
Corporate Insurance

Other Insurance
Athena Overview
Identify and Merge Duplicate Policies
Business Partner Management
Business Partner Hierarchy
Revenue Share Calculations
Pay out Compilation
Reseller Band Configuration
Renewal Management
Automatic Renewal Generation
Set up renewal appointments
Renewal Payment Entry
Accounting
Payable Management
Receivable Management
Athena Overview
Business Partner Management
Business Partner Hierarchy
Revenue Share Calculations
Pay out Compilation
Reseller Band Configuration
Renewal Management
Automatic Renewal Generation
Set up renewal appointments
Reporting Tools
Commission, Revenue and MIS Reporting Tools
Dynamic/On Demand Reporting Tool
Dynamic Query Builder
Target V/S Achievement Analysis
Athena Overview
Commission Calculations
Product and Provider Based Commission Structure Upload
Bifurcation of Commission into Base + additional commission rate
Auto-computation of commission
Reconciliation of Commission with the provider dump
Hierarchy and Sales Channel Mapping
Employee Database Management
Organization Structure Mapping
Monthly Planning Upload
Sourcing Channel Configuration
Target Setting
Rating Multiplier Setting
Incentive Structure Mapping
Employee Incentive Calculations

Employee Incentive Payout
Athena Overview
Security
Role/Rights Configuration
Additional security using Bennett’s Anti-Fraud plugin
Best Practices from the leading brokers
Ability to customize as per the organization needs
Quick Turnaround - Less than 2 months implementation cycle [out of the box features]
Ability to design/build data warehouse as per the business needs
Tried and tested for large volume transactions
Available in various models
On Premises – Perpetual Licenses
On Premises – Enterprise licenses
On Premises – Rental
On Demand/Hosted Licenses
Athena Overview
Bulk Upload
Policy Data Import
Provider Dump Import
Commission Structure Import
Business Partner Import
Monthly Planning Import
Verification Data Import
Commission Dump Import
Monthly Target Import
Employee Data Import
Security
Role/Rights Configuration
Additional security using Bennett’s Anti-Fraud plugin
Managed Services Model - Enablers
Enablers

Best Practices

Governance

• Transparent governance and reporting framework
• Joint Steering Committee consisting of key stakeholders
• Clarity of escalation paths and key touch point at every level

Delivery
Management

•
•
•
•

Delivery accountability and ownership of quality
Managed structure and resource control
Expertise management and knowledge processes.
Risk control and mitigation

Quality
Management

•
•
•
•

Process Transformation initiatives to address continuous improvements
Compliance Documentation to ensure process adherence
Statistical Controls to measure Improvements
Early Warning Management System to preempt quality issues

Performance
Management

• Clear definition of success and failure criteria
• Performance Tracking to SLAs.
• Continuous Improvement
Thank you!

We Deliver IT
Contact us:
Email: sales@bennett.in,sales@bennettss.com
Call: 011-64691241, 011-64691246 or 011-64691250
Website: http://www.bennettss.com

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Athena - Leading Life and General Insurance Broking Software from Bennett Technologies

  • 1. Athena Comprehensive Insurance Distribution Solution We Deliver IT COPYRIGHT NOTICE Copyright © 2010 Bennett Technologies (P) Limited All rights reserved. These materials are confidential and proprietary to Bennett and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval system nor should the materials be disclosed to third parties without the express written authorization of Bennett Technologies (P) Limited.
  • 2. System Overview - Actors Employees Customers Athena Business Partners Providers
  • 3. Athena Overview Policy Lifecycle Management Policy Creation Pre-Login Verification Process Login Post-Login Verification Issuance Pendency Tracking Lapsation Recovery Types of Policies include: Life Insurance Motor Insurance – Cover note Management Health Insurance Corporate Insurance Other Insurance
  • 4. Athena Overview Identify and Merge Duplicate Policies Business Partner Management Business Partner Hierarchy Revenue Share Calculations Pay out Compilation Reseller Band Configuration Renewal Management Automatic Renewal Generation Set up renewal appointments Renewal Payment Entry Accounting Payable Management Receivable Management
  • 5. Athena Overview Business Partner Management Business Partner Hierarchy Revenue Share Calculations Pay out Compilation Reseller Band Configuration Renewal Management Automatic Renewal Generation Set up renewal appointments Reporting Tools Commission, Revenue and MIS Reporting Tools Dynamic/On Demand Reporting Tool Dynamic Query Builder Target V/S Achievement Analysis
  • 6. Athena Overview Commission Calculations Product and Provider Based Commission Structure Upload Bifurcation of Commission into Base + additional commission rate Auto-computation of commission Reconciliation of Commission with the provider dump Hierarchy and Sales Channel Mapping Employee Database Management Organization Structure Mapping Monthly Planning Upload Sourcing Channel Configuration Target Setting Rating Multiplier Setting Incentive Structure Mapping Employee Incentive Calculations Employee Incentive Payout
  • 7. Athena Overview Security Role/Rights Configuration Additional security using Bennett’s Anti-Fraud plugin Best Practices from the leading brokers Ability to customize as per the organization needs Quick Turnaround - Less than 2 months implementation cycle [out of the box features] Ability to design/build data warehouse as per the business needs Tried and tested for large volume transactions Available in various models On Premises – Perpetual Licenses On Premises – Enterprise licenses On Premises – Rental On Demand/Hosted Licenses
  • 8. Athena Overview Bulk Upload Policy Data Import Provider Dump Import Commission Structure Import Business Partner Import Monthly Planning Import Verification Data Import Commission Dump Import Monthly Target Import Employee Data Import Security Role/Rights Configuration Additional security using Bennett’s Anti-Fraud plugin
  • 9. Managed Services Model - Enablers Enablers Best Practices Governance • Transparent governance and reporting framework • Joint Steering Committee consisting of key stakeholders • Clarity of escalation paths and key touch point at every level Delivery Management • • • • Delivery accountability and ownership of quality Managed structure and resource control Expertise management and knowledge processes. Risk control and mitigation Quality Management • • • • Process Transformation initiatives to address continuous improvements Compliance Documentation to ensure process adherence Statistical Controls to measure Improvements Early Warning Management System to preempt quality issues Performance Management • Clear definition of success and failure criteria • Performance Tracking to SLAs. • Continuous Improvement
  • 10. Thank you! We Deliver IT Contact us: Email: sales@bennett.in,sales@bennettss.com Call: 011-64691241, 011-64691246 or 011-64691250 Website: http://www.bennettss.com