SYNOPSIS

Insurance Management

INTRODUCTION:
The project entitled Insurance Management is a pilot project for small
insurance company to manage their administration .

PROJECT:
Insurance Management is a software application marinating the records
related to Insurance Products.

OBJECTIVE:
The main objective of the application is to automate the existing system of
manually marinating the records agents, policies, premium, maturity, etc.,

SCOPE:
This application can be used by any Insurance company to maintain the
Insurance management, daily transactions, policy registration etc.,.
PROBLEM DEFINITION:

Insurance is a concept which involves two parties; namely the insurer and
the insured, also referred to as the policyholder. The insurer is the insurance
company, whereas, the policyholder is the one who avails the service. In the
insurance process, the policyholder has to pay certain amount of fees at prescribed
time intervals to the insurance company. And in turn, the insurer agrees to bear the
financial losses and expenses of the policyholder. Therefore, the risk of financial
losses completely falls on the insurance company.

The insurance company has to maintain lot of information such as

transactions related to Insurance policies, premiums, policy maturity, agents
management, agent commission calculation etc.,.

All these are to be automated and a web application is required to relate all
of them relatively and logically so that the current system can be replaced and
accepted without major changes and problems.

The web application should provide quick access to the records maintained
and must reveal the important reviews about the business so that the growth can
be easily compared and should provide with the various reports showing the related
details so that the important decisions could be taken easily.
Hardware and Software requirement

Hardware Requirement

Processor : Intel Core Duo 2.0 GHz or more

RAM : 1 GB or More

Harddisk : 80GB or more

Monitor : 15” CRT, or LCD monitor

Keyboard : Normal or Multimedia

Mouse : Compatible mouse

Software Requirement

Front End : Visual Web Developer 2008

With Sql Server Compact Edition

Language : Visual Basic or C#

Back End : MS Sql Server

Operation System : Windows XP with server pack 3

Or
Windows 7

Browser : Internet Explorer or Google Crome