Insurance › Core Insurance (Policy & Billing) › Policy Administration System (PAS)

Axxis Systems

Unified core insurance operating system with automation, low-code configuration, and multi-line support

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Overview

SISos is a next-generation core insurance platform designed to replace legacy systems with a unified operating system covering all lines of business including life, non-life, health, annuities, and pensions. The platform features comprehensive modules for subscription, claims, finance, commissions, reinsurance, and accounting, all seamlessly integrated within a single system. Built on a scalable, API-first architecture with an integrated message bus, SISos supports distributed horizontal scaling and offers low-code configuration through drag-and-drop BPM modelers, document template creation in Microsoft Word, and a drag-and-drop report builder. The system includes IFRS-17, KYC, and AML compliance capabilities, automated reinsurance distribution, an actuarial engine with Excel-like modeling, AI-powered configuration assistance, fraud detection through pattern recognition, and multi-investment unit-linked product support.

Key Features

  • + Unified modules for subscription, claims, finance, commissions, reinsurance, and accounting across all lines of business
  • + Drag-and-drop BPMN 2.0 workflow designer with automated decision engine based on risk levels and customizable rules
  • + Low-code configuration with composable plugin ecosystem and custom form/report builders
  • + Scalable event-driven architecture with distributed message bus for horizontal scaling
  • + IFRS-17, KYC, AML compliance with integrated regulatory accounting reports
  • + AI-powered companion for configuration assistance, data analysis, and fraud detection through pattern recognition
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