Insurance Management System

Abstract

The project entitled “Insurance Management system” deals with the working concept of Life Insurance Corporation. This project is to develop for insurance company to atomize work procedure, using this system to agents and policy holders can know details about present policies, schemes, policy specifications, terms and conditions on policy, policy registration by the customers. Agent commission is based upon customer policy registration and target agent achieves for every month or year. This system maintains information of branch managers who can deal with agents and customers. There is no need of human interference in calculating any details. Total work is done using management system which will save time and less paper work and even human resource. The proposed system provides easy solution for the above and some other problems by providing a common and centralized database structure for all members. The developed website provides the following facilities to the admin users. Insurance services in the middle ages policy agents and policy holders have used the paper to take money from the insurance transaction but know the technology is fully developed everything is being converted to computerized. Now a day’s everyone is using the internet in this fast race the business and money making people are also using. No country, no company and no individual want to fall back in this fast generation everyone wants to the lead the group.

Existing System

The existing system is the manual system. The manual system is prone to error. It is time consuming it is very difficult to produce the report for any person and there is chance for changing the scheme report by doing malpractice. Usage of paper in the payment process leads to less efficiency, less accuracy and less productivity.

Proposed System

This web site is a micro insurance Analysis and information management system that provides easy access of information regarding the people and resources of insurance. This site has dynamic facilities like search tools for insurance awareness articles, guidelines, illustrations through images for visitors. This site also provides several dynamic features. The developed system should allow admin users to register insured persons with their name, date of birth, residence address, medical history and also policy details. After registering all the insured persons, website should provide management facilities like delete unwanted persons’ data. And also should provide awareness to the visitors about micro insurance through articles. The computerized system is used to reach more customers and provide better service.

Architecture

System Flow Diagram