14-05-2011, 11:30 AM
PRESENTED BY:
N.SUDHA
[attachment=13921]
[attachment=13922]
[attachment=13923]
This project is aimed to develop “Online Insurance Portal”. It is web-based application, which is developed mainly for the agents of the insurance company to take the policy for his clients electronically. By the request from his clients, he processes and maintains the policy details through the system.
Online Insurance Portal System is an integrated insurance system which links up all the channels within the insurance industry. It is a revolutionized insurance solution that can facilitate online processing and services to the insurance partners, agents and customers through the Internet.
Insurance can be broadly divided into two types.
1. Motor
2. Non-motor
Modules:
1. Motor Insurance
Motor Insurance is insurance purchased for cars, trucks, and other road vehicles. Its primary use is to provide protection against physical damage resulting from traffic collisions and against liability that could also arise there from.
The policy covers the following types of vehicle:
Private Vehicles
Private Car, Private Van & Four Wheel Drive
(Private Use)
Goods Carrying Vehicles
Commercial Goods Carrying Vehicles also Petroleum, Diesel and Bitumen Tankers, LPG Long Trailer etc.
Other Types of Vehicle
Taxis, Buses, Motorcycles, Tractor, Mobile Crane etc.
1. Study on Proposed System
The Online Insurance Portal provides a numerous policy for the customers, so that the customer can view all the policy, complete details and benefits about the policy. The online assistance will help the customer to choose the policy he/she wants and the premiums calculator are been use to calculate the premium amount of their own policies.
The customer can buy their policies through online, and the payments can be made through credit/debit cards. The premium payment and policy renewal date can be intimated to the customers through emails. Policy premium payments and renewal of the policies can also be done through online.
2. Defining the Problem
1. Records are maintained manually.
2. The customer should visit the insurance office to know the policy details.
3. The premium calculations are done manually.
4. The policies are purchased directly visiting the insurance office.
5. The premium period of the policy will be intimated to the customer through post.
6. Payment is done in person.
7. New policy arrivals are not intimated to the customer in time.
3. Developing solution strategies
1. All the manual process that is done is automated and provided an online service where the customer can buy any policy at anytime from anywhere.
2. Providing a user-friendly interface to the agent.
3. Payments can be done through online by their credit cards and the receipts can be printed out immediately after the payment is done.
4. Premium calculations are done online by the customers to know their premium value.
5. Premium periods and the policy renewal dates are intimated to the customers through email.
4. System Specification
Every insurance company needs an agency suite to make their applications in efficient way. To achieve this, the project should develop in a flexible manner. Our target application is to build an online insurance portal as web based application through Java, J2EE and with the oracle 10g database. Our proposed system, the Online insurance portal suite helps to provide the efficient access for the agents / clients under the single roof.
