Innovations

Research and Development at Industry level is our strength to Build Future Systems


Insurance One

A Complete Suite for Life Insurance Policy Administration

Actuarial suite with Product Pricing, Benefit Illustrations, Lead Management, Quotations, New Business, Collections, Auto/Expert Underwriting, Conversion, Commissions,

Policy Servicing with 50+ modules, Death and Rider Claims, Maturity/Survival/Pension/Annuity claims, Channel Management, Valuation, Portals and Peripherals


One Stop Solution


Get >> Set >> Go >> System


Actuarial to Operations All Modules on Single Platform, Fully Configurable, Very Low Maintenance Cost, High Performance

SaaS Model, Cloud Agnostic, Modular Model, SOA with Micro Services, Containerization

Inbuilt Workflow, Rule Engine, NForms, ESB, DMS, Portals, Peripherals, Product Configurator

New Business

Quotation, Business Illustration, Proposal Logging, Dual Data Entry, De-Dupe, Collections, STP, Conversion

Underwriting

Medical Underwriting, Financial Underwriting, Facultative Underwriting, Requirements Management, Auto Underwriting, Worksheets, Loading Calculators

Channel Management

Agency/Banca/Corporate Channels, Appointments, Terminations, Reinstatements, Commissions, Advances, Channel Portal

Policy Servicing

Financial Services (Surrender, Cancellation, Partial-withdrawal, Fund Switch and more), Non-Financial Services (Address Change, Nomination, Assignment and more)

Claims

Death/Rider Claims, Maturity, Survival, Annuity, Pensions, Investigation, Assessment, Opinions, Reinsurance Claims

Actuarial

Valuation, Optionally Product Pricing and Solvency with IFRS 2017 ready



All with Engines

High Precision Engines for Core, Workflow, Business Rules, Interfaces, Computations



New Model of doing things

Highly Configurable, Easy Administration, Easy to Adopt, Self-Design Modeling



One System One Interface

Operate in All Devices, Indegenously Developed, All-In-One System, Common Interface

Line of Business Insurance One Code Name Cloud Enabled SaaS Licensing
Individual/Retail Business IOne-I Perpetual, Subscription
Group Business IOne-G Perpetual, Subscription
Health Business IOne-H Perpetual, Subscription
Micro Business IOne-M Perpetual, Subscription

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ReNova

A Complete Suite for Reinsurance Administration

Obligatory Treaty, Facultative Treaty, Several Retention Methods, Sum-At-Risk Computations, Reinsurance Claims



Get >> Set >> Go >> System

Treaty Management is made easy through GUI Configurators

Reinsurance Treaty Models: Quota Share, Surplus Share,Proportional,Non-Proportional Share, Risk Premium, Retro Ceding, Multi-Layer Ceding, etc.,

Facultative Business under complete control

Easy Plug-in to any Policy Admin System

Robust Treaty Engine, SAR Engine, Cession Engine and Mapping Engine to make Reinsurance Administration simple

Optimize Reinsurance Retentions and define complex premium computation models

  • Cost Effective
  • Lesser TAT and shared resource
  • Low Maintenance Cost
  • Advantage of R&D at Industry Level
  • Reinsurers’ Guidance & Contribution

Treaty Engine

Obligatory Treaty and Facultative, Suplus, Quota Share, Excess of Loss and more models configurable with parameters. Several Retention Methods and Premium Dimensions

SAR Engine

Net Premium, Gross Premium (Uploads), Reserve Factors, Cashflows, Excel Uploads. Complex Actuarial Formula with simplified modeling

Cession Engine

New Business, Renewal Business, Retro Ceding, Projections, Chargeback, Reserves, Claims, Facultative Flagging, Redo/Undo Transactions, Accounting

Reports

Bordereaux, Satement of Accounts, Reserves, Outstanding Statements, Extracts and Custom Reports

Line of Business Cloud Enabled SaaS Licensing
Individual/Retail Business Perpetual, Subscription
Group Business Perpetual, Subscription
Health Business Perpetual, Subscription
Credit Lives Business Perpetual, Subscription

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SMART One

A Complete Suite for ITSM

Configurable ITSM System with exhaustive modules with Ticketing of various needs, Release Managements, Assets Management, License Management, complete IT need

  • All in One System

  • Application Support Ticketing
  • Problem and Incident Management
  • Release Management Module
  • IT Program Management
  • Documents Library
  • SLA Management

Our Esteemed Partners

We have collaborated with Life Insurance Companies and Reinsurance Companies to deliver our beauteous products.

India Business

Aegon Life Insurance

Aviva Life Insurance

Bajaj Allianz Life Insurance

Bharti Axa Life Insurance

Aditya Birla Sun Life Insurance

Canara HSBC OBC Life Insurance

Edelweiss Tokiyo Life Insurance

Exide Life Insurance

Future Generali Sun Life Insurance

GIC Re

HDFC Life Insurance

Agas Federal Life Insurance

India First Life Insurance

ICICI Prudential Life Insurance

Kotak Mahindra Life Insurance

Max Life Insurance

PNB MetLife India Insurance

Pramarica Life Insurance

Reliance Nippon Life Insurance

SBI Life Life Insurance

Star Union Daichi Life Insurance

TATA AIA Life Insurance

Asia Pacific Business

Astra Aviva Life Insurance, Indonesia

Aviva Life Insurance, Singapore

Delta Life Insurance, Bangladesh

HDFC International Life and Reinsurance, Dubai

Prudential Life Insurance, Indonesia

Prudential Life Insurance, Malaysia

Sun Life Insurance, Hong Kong

FWD Insurance, Indonesia

Middle East Business

HDFC International Life and Reinsurance, Dubai

Union Insurance, UAE

The Team

Third Generation Core Team that keeps up the spirit of founding members and Hansa

Parvathi Chitti

Managing Director

PG in Commerce. Expertise in Life Insurance and Systems Engineering

Uma Sankar Koneru

CEO

Masters in Computer Sciences and Expert in Designing Admin Systems

Nomya Dutta

COO

B.Tech, MBA in HR and IT, Expert in IT System Design and Nx Framework

Murali Krishna Koneru

CTO

Masters in Computer Sciences, Diploma in AI/ML. Expert in System Adoptation

Products and Services

We offer Insurance specialized Software Products and Software Services with wide range of features and options

Insurance Admin Systems

IOne
  • Insurance One for Retail
  • Insurance One for Group
  • Insurance One for Micro
  • Insurance One for Health
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Reinsurance Admin Systems

ReNova
  • ReNova for Retail
  • ReNova for Group
  • ReNova for Credit
  • ReNova for Health
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Resource Sourcing Services

Support
  • Production Support
  • Product Support
  • Managed Services
  • Outsourcing Support
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All About Hansa

Hansa Solutions is a dream company to build beauteous IT sytems with low operating cost and high performance

Built by Insurance Experts




Hansa Solutions incorporated on 30th November 2006 with a three member team, with one solution and one client. The research and development activities were started in 2007 with expert team from Actuarial Science and Insurance Business background.

Our story begun in November 2006 with 2 Member team, modest beginning with a simple product and one client

Today we are privileged to be part of almost every Life Insurance Company in India

We have spread to Asia’s Financial Centres Like Hong Kong, Singapore, Indonesia, Malaysia, In Middle East as well

20th December 1935 - 7th July 2018




Our Partners, Well Wishers and Our Hansa Family




We Are A Wonderful Family


We Collaborate and Build

We Sell and Serve

We Celebrate, Learn and Share


We Live


Connect With Us

Corporate Office:

Hansa Solutions India Pvt Ltd., 7A, Melange Tower, Patrikanagar, Madhapur, Hyderabad, India 500 081

For Partnering

sales@hansasolutions.com

Contact: +91 40 4976 5002

For Passion

hr@hansasolutions.com

Contact: +91 40 4976 5006