Technology
iPAS™: Revolutionising insurance and wealth management
We’re disrupting the insurance sector with a more customised alternative to commercial off-the-shelf (COTS) products
Meet the future of digital transformation: Our iPAS™ suite of products lets you choose only the components you need, for fast, seamless integration. Replace and digitise your traditional legacy systems with a cloud-native, intuitive product that’s fully integrated and easy to use.
Designed for you
Select only the features your business needs the most for a customised solution that is implemented faster.
Lower costs, improved efficiency
Our low-code, cloud-based PAS reduces operational costs by unlocking flexibility to respond to market requirements.
Easier reporting and reporting
Caters for Regulatory reporting and IFRS 17 standards.
Robust security
Safeguard sensitive customer information and maintain compliance with industry regulations through our enterprise-grade security features.
Supported by Migration Engine
Supported by a Data Migration Factory that allows easy migration and reconciliation of data from your existing systems to our platform.
What makes the DB Results PAS
different?
01
Enhanced configuration and customisation
Many existing systems lock you into features that you either already have or don’t require. iPAS™ saves you time and money with a customised solution that focuses on the features you need. We have faster build times so you can meet deadlines while gaining a solution that’s specifically tailored to your business needs.
02
Enterprise Grade Cloud Platform
Built on an OutSystems low-code platform, iPAS™ delivers rapid development with minimal operational disruption. The platforms standardised architecture ensures security, scalability and reduces maintenance costs.
03
Supported by the DB Results Financial Services Team
Our Digital Transformation Team features former senior financial services leaders who understand the intricacies of insurance, superannuation and wealth management lifecycles.
04
AI-driven efficiency and robust automation
Harness the power of advanced AI to automate document scanning and workflow management for faster processing, reduced human error, and improved customer satisfaction.
Your keys to the iPAS™ ecosystem
By purchasing a licence, you gain preferred access to our suite of products.
How our iPAS™ streamlines your business
Our PAS is designed to manage all your insurance administration
in one integrated platform. Key features include:
01
Choice of components
Purchase the entire iPAS™ ecosystem or select only the components that your business needs and let our delivery team customise them to your requirements.
02
Policy management
Experience seamless coverage of everything from Term Risk, Investments, Pensions, and Annuities. enjoy the peace of mind that comes with a complete solution.
03
Product agility
iPAS™ is a tiered, scalable, subscription-based model. It offers substantial savings as it reduces operational costs, allowing for flexibility in responding to any new market requirements.
04
Configurable workflows
Empower your operations teams with configurable workflows and work task creation. Stay in contact with dashboards and provide real-time insights and boost productivity.
05
Underwriting workflow
Experience the best of both worlds with our STP and non-STP underwriting workflow process. Take advantage of the efficiencies that come with configurable SLAs and escalations.
06
Regulatory reporting
Unlock capabilities to meet regulatory requirements. Embrace compliance with ease and confidence as you navigate regulatory obligations.
07
Monies in and out
Our integrations support contributions, withdrawals, premiums and regular income payments. Process transactions effortlessly through payment gateways.
08
New business and alterations
Experience a seamless and intuitive quote and application process for new business and alterations.
09
Customer and advisor portals
Enable all users with the convenience of having both customer and adviser portals seamlessly integrated within a single iPAS™ solution.
10
Adviser registry and commission payments
Experience the security of an efficient, centralised registry for licencees and advisers. Plus, easily access commission calculations and clawbacks with a configured set of rules in the Adviser Commission Calculation Rules Engine.
11
Rating engine
Enjoy a frictionless experience when creating product ratings and calculating premiums and stamp duties.
iPAS in action
See how DB Results
created a modern PAS
for a global life insurer
Using the flexibility and efficiency of a low-code platform, a modern Policy Administration System was developed within a mere 12 weeks.
Ready to discuss your next project?
