Grail

Grail focusses solely on the development of Insurance and Actuarial software. We have been operational since 1998 and our client base extends across the entire insurance industry and comprises: insurers, insurance intermediaries, underwriting management agencies and pension fund administrators. Grail possess highly skilled and experienced staff who... understands the principles of insurance and the application of those principles in technology. Our head office is in Waterkloof Ridge, Pretoria and we have clients all over South Africa and now in Australia. The Grail System is an integrated on-line system that has three main modules at its core: underwriting, claims and accounting. It is supported by a suite of pre-defined management reporting options and tools. The system was specifically developed to handle all aspects of insurance related administrative functions of the insurance office using the product. The underwriting module handles Personal lines business, Commercial (Multi Mark Style) and any number of niche products e.g. Contractors All Risks, Liability and Hospitality products. Product setup and design are driven by data tables which make it easy to customise and configure policies to your business' specific needs and requirements. A number of rating options are available including automated rating, sum insured multiplied by a rate; pro-rated to time or fixed if required, a totally manual premium calculation. Pro rata and future premiums are calculated and displayed to users for verification, before the transaction is committed to the database. This means that we show you what the system is going to do and it only does what was indicated thereafter. Accounting transactions generated by the system become visible and available immediately after an update and the policy can be endorsed again, if required, immediately thereafter. Policy schedules can be e-mailed to clients. All documentation received electronically can be stored against the policy and hard copy documentation can be scanned and then stored ...Read More