The system is very flexible in terms of customization. Any insurance product, commission calculation scheme, underwriting and settlement processes, printed form, automatic payment distribution rules, etc. can be customized using the appropriate configurators without the need for system modifications.

The ProfITsoft system fully complies with the new NBU requirements that came into force in 2024 in accordance with the Law “On Insurance” (No. 1909-IX). It provides automation of all business processes of insurance companies, including contract accounting, financial monitoring, generation and submission of reports in accordance with the requirements of the regulator. The system supports electronic signatures and integration with key state registries and services, ensuring reliability, transparency and control of all operations. ProfITsoft has already been updated to comply with the new classifications of insurance products and to keep records by business line, making it a reliable solution for meeting the NBU's requirements.

Was the agreement signed with a payment schedule, partially paid, and then canceled and re-entered into a new one? At the same time, the refund amount was transferred as payment to the new agreement, and some of the items on the payment schedule are still to be paid? How should we pay the commission fee in this case? And how to reflect this in the reporting? This is not a problem in ProfITsoft, all the relevant charges will be generated automatically, and we will have the correct information in the contracts, commission acts, and reports.

IASIC has a very flexible system of roles and privileges. Each action, each block of information that is displayed or edited corresponds to a certain privilege, without which the user will not be able to see or do it. Privileges are grouped into Roles to make them easier to manage and assign to system administrators.