Lighting the way for insurance software
with Lighthouse, our leading technology
Save Time and Frustration
Save Time And Frustration With Automated Processes, Eliminated Duplicates And Multi-Country Features.
Get Reliable Data in Real-Time
Access Accurate And Reliable Current Management Data From Wherever You Need It, In Real-Time.
Control Your Risk
With This Gatekeeper For Risk Exposure, You Benefit From Tighter Control Over Retained And Reinsured Risks.
Software That Grows As You Do
Our Modular Yet Extensible Architecture Ensures That The System Grows As Your Business Does.
More About Lighthouse
Our sophisticated, proprietary software was built by a team of industry experts to assist insurance providers navigate their way through the dynamic waters of risk assessment, premium calculations, underwriting, claims handling, reinsurance, and so much more.
Lighthouse not only has powerful capabilities, it also provides a holistic, reliable and automated process which avoids duplication and mitigates human error. The system’s versatile and customisable design allows us to tailor our offering to suit your business needs. And it doesn’t end there – as your business is ready to grow, so is your software. Our expert team will be with you throughout your journey, providing customised insights, clear predictions, and any support or further development you may need.
Our versatile offering enables us to service short term insurance providers across a variety of industries; from mass market, mainstream insurance needs to complicated, niche insurance requirements. All while maintaining accuracy, reliability, and data integrity.
Features and Capabilities
Screen clients and record all client information, including payment methods and banking details, as well as recording all policy and cover information.
Capture and store details of current and historic treaty programs across all classes of business while automatically placing treaty reinsurance and enforcing treaty limits. Lighthouse tightly integrates with, and follows, all underwriting and claims activities.
Lighthouse records and tracks all claims, estimate adjustments, excesses, payments, recoveries and salvage transactions. The system’s automation features enable you to automatically verify cover based on date of loss through integration with underwriting information as well as premium payment, multiple losses per single claim, and multiple classes of business in a single claim.
Calculate and produce debit notes, policy ledgers, and policy statements on a per-policy basis. Lighthouse can produce broker statements with full age analysis, either by policy or by an invoice number and calculate commission due to brokers/agents and produce broker commission statements.
Lighthouse allows for the creation and manipulation of user accounts. Each user account can be assigned specific limits and access. This feature assists with enforcing a clear segregation of duties.
Lighthouse allows for multiple and configurable tax structures; multiple fee structures can be configured and applied differently to each product. Default fee and tax structures can also be attached to different intermediaries, agents or individual clients.
The Lighthouse system can operate in a single or multi-currency environment, creating ring-fenced areas in which all transactions relating to a specific currency are housed. Different currency exchange rates can be inputted and used during the reporting process to combine results into a single reporting currency.