ABSTRACT
Insurance system automates the management of insurance activities, which involves Defining Policies, Schemes, Policy Specifications, Policy Terms and Conditions, Policies registrations by the customers, Facilitates the Premiums Flexi-Pay modes, Policy Bonus in Flexible periods.
The Agents are involved in the process of the Customer Policy registration and the Commissions are based on the targets achieved by the Agents. Insurance System also maintains the database of the Branch Managers who deals with the Agents which in turn deals with the Customers.
Insurance system automates the management of insurance activities, which involves Defining Policies, Schemes, Policy Specifications, Policy Terms and Conditions, Policies registrations by the customers, Facilitates the Premiums Flexi-Pay modes, Policy Bonus in Flexible periods.
The Agents are involved in the process of the Customer Policy registration and the Commissions are based on the targets achieved by the Agents. Insurance System also maintains the database of the Branch Managers who deals with the Agents which in turn deals with the Customers.
Existing system
Before developing this application all activities done manually, then all the activities take more time and also take more manpower. Commission, interests, dues all is calculated manually, the calculations may result wrong sometimes.
All related information passed one branch to another branch through courier. Sometimes missed the important documents. So these problems overcome when we will develop the system. This system is very helpful to automation of entire Insurance system and also reduces the time and manpower.
Proposed System:
The Proposed system is a software application which avoids more manual hours that need to spend in record keeping and generating reports.
This application keeps the data in a centralized way which is available to all the users simultaneously. It is very easy to manage historical data in database. No specific training is required for the Branch Managers, Agents and Customers to use this application.
They can easily use the tool that decreases manual hours spending for normal things and hence increases the performance. As the data is centralized it is very easy to maintain the currently running projects with the company as well as future projects.
SOFTWARE REQUIREMENTS:
• Web Technologies : HTML, CSS, JS. JSP
• Programming Language : Java
• Database Connectivity : JDBC
• Backend Database : MySQL
• Operating System : Windows 08/10
HARDWARE REQUIREMENTS:
• Pentium processor : Core I3
• RAM Capacity : 2GB
• Hard Disk : 250GB
• Monitor : 15’’ Color Monitor
