MIT Consultancy Products

We Specialize In Insurance Sector

MIT Consultancy was founded in 2001 and specializes in Software Consultancy & Development for insurance companies and brokers. Our support offering is based on a solid foundation of customer service excellence, best practice and highly qualified personnel. We have been delivering successful IT projects since 2001.

Our core product range includes solutions for Insurers and Brokerages. We pride ourselves on delivering high quality solutions for our clients.

What makes us unique is our ability to always find solutions to our clients’ needs no matter what the requirements from our customers. We can also offer complete end to end solutions or bespoke modules that enhance the life of clients existing systems. We specialize in tailoring software to our client’s exact needs. Our software simply allows our clients to manage the information from one back end solution.

MIT Consultancy solutions will be an integral part of client’s day-to-day operations.

Mission

Our mission, simply, is to provide our customers with the best and most innovative services, products and customer support. Powered by excellent people and the most current technology available, we strive to be a customer-driven, high-performance company that delivers superior value.

Project Consultancy

Our team of highly qualified and competent professionals will offer you expert advice on every aspect of the project, right from the conceptualization stage to the actual stage of project implementation.

Our consultancy services include bespoke projects, and we have a track record of developing solutions for individual clients.

BPR Analysis

If the desired goal is to make your company stand out against market competition and survive through the constant changes in the market, then BPR is the answer. Successfully conducted BPR can lead to improvements in the quality of your products and services. It can not only maximise customer satisfaction, but it can also have a considerably positive impact on your finances.

SRS Preparation

SRS establish the basis for agreement between the customers and the suppliers on what the software product is to do. The complete description of the functions to be performed by the software specified in the SRS will assist the potential users to determine if the software specified meets their needs or how the software must be modified to meet their needs.

GAP Analysis & Software Selection

We have chosen MoSCoW method in Gap Analysis. It’s a prioritisation technique used in business analysis and software development to reach a common understanding with stakeholders on the importance they place on the delivery of each requirement.

MIT Consultancy analysis will provide management with this technique:

A written report that compares the current system to the requirements of the specified standard.
An understanding of the gaps between the current system and the standard’s requirements.
An analysis of the effort necessary to implement a system compliant with the standard.

System Design

Our System Design typically provides the following benefits:

Improved system performance; individually tailored configuration advice demonstrates where improvement is necessary, and how to improve the system to regain lost performance. Customers gain a detailed understanding of how their users use their system. This Usage Profile can be leveraged to develop future architecture changes.

Potential to learn of future concerns allows customers to take proactive measures to avoid problems.

A baseline performance level is established against which benefits can be compared and changes to the system predicted or foreseen.

	Corporate Placement Management System CPMS allows insurance brokers to become a one-stop-shop for all of their customers' insurance needs. The insurance products developed using CPMS can be personalized and customized to suit the specific customers' portfolio. The system empowers an insurance broker in an autonomous self-contained way, providing full front and back office functionality for the entire administrative needs of their insurance operation needs.
	Auto Fleet Management System The Auto Fleet Management System will enable you to record, manage and report all information concerning your vehicle fleet. It is designed not just for Insurance brokers, but corporate companies which has their own fleet or car rental business, too. The tool manages detailed car information, policy/certificates and driver's licence details. It's possible to track labour and auto part costs, repair shops, experts and compensation payments in claim module of the system. The system also handles backup car process.
	Extented Warranty Certificate System EXW manages all types of extended warranty products from different carriers/reinsurer. It's possible to track all certificates, policies, claims, expenses and to generate all certificates and claims' print outs. It provides transactions of approval depend on authorization levels.
	Reinsurance Brokerage System Reinsurance Brokerage Management System is designed for tracking all steps of reinsurance broking process. The system manages all the payments and billing process. This includes client payments to carrier, carrier payments to reinsurer, commissions payments to broker and if any, sub agent bills and payments. These transactions can be transferred to the accounting system using integration module. The system helps you tracking inward and outward documents like Cover Note, Premium debit/Credit Note, Commission Credit/Debit Note and displays you the graphical presentation of the placement distributions.