Insurance Solutions
Where TECHNOLOGY means BUSINESS
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AL-HARIS Framework & Legitimate Compliancy
AL-HARIS is a fully integrated general Insurance Solution that
handles all policy admin, underwriting, claims and reinsurance
operations and activities for the following classes of business:
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Motor
Marine & Hull
Fire
General Accidents
Engineering
Liabilities
in accordance with:
 Islamic Shari' a principles (Surplus Distribution / TAKAFUL)
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Audit, Accounting Organization for Islamic Financial Institutions
(AAOIFI) standards
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AL-HARIS Framework & Legitimate Compliancy
Profit Sharing
Surplus Distribution
(TAKAFUL)
Risk Sharing
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AL-HARIS Technology Platform
AL-HARIS has been designed and developed using Oracle
database and Oracle tools and efficiently scalable over
multiplatform.
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AL-HARIS Feature Highlights
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Bilingual
GUI
Standardization
Parameterized
Fully Integrated
Lower future development and maintenance costs
Flexible design allows easy interface with other systems
Modular Design supporting phased implementation
Robust Multi-Level Security & Log files
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AL-HARIS Business Modules
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Surplus Distribution / TAKAFUL
Integrated Business Layers
Liabilities
Engineering
General
Accidents
Fire
Marine
& Hull
Motor
UNDERWRITING & CLAIMS
Data Flow
Architecture
R E I N S U R A N C E
Policy Admin
General Insurance
Set Up
Accounting
Clients
Security
Core Systems
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Set Up
Business
Process
Automatic
Vouchering
Reporting
Inquiry
System Value Added Chain
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First Layer
Set Up
Accounting
Clients
Security
Core Systems
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Set Up
Security
Clients
Accounting
Core Systems
The Set Up system defines several parameters to establish unified interfaces:
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Organizational structure
Error messages
Defining programs, functions, elements and their relevant.
Defining Employees and users
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Set Up
Security
Clients
Accounting
Core Systems
The Security & Privileges system manages and controls users/groups
authorities and profiles parameters to guarantee full system protection and
monitoring, such as:
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Log time & frequency Control
Users groups
Group privileges
Users records
Active users
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Set Up
Security
Clients
Accounting
Core Systems
The Clients system manages the clients’ basic information on any nominal level
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Unique card numbering
Types of client :Client, Insurer, Broker, Reinsurer, Garage, Beneficiary,
lawyer….
 Client Black Listing
 Inquiry about various types of clients, using any part of their full names.
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Set Up
Security
Clients
Accounting
Core Systems
Features
COA
Posting Closing
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Unlimited COA
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Multi-Currency
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Multi-Companies
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Closing Periods
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Reporting
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Automatic Vouchering
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Compliant with (AAOIFI)
Transaction
Analyzing
Classifying
Journalize
Closing Entries
Financial Statement
Adjusted TB
Posting
Trial Balance
Adjusting
Entries
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Second Layer
R E I N S U R A N C E
Liabilities
Engineering
General
Accidents
Fire
Marine
&
Hull
Motor
UNDERWRITING & CLAIMS
Policy Admin
General Insurance
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R E I N S U R A N C E
Liab.
Policy Admin
Eng.
GA
Fire
Marine
&
Hull
Motor
Underwriting & Claims
Policy Admin
General Insurance
Class/Minor
Of
Business
Production
(Underwriting)
Serial
Numbering
Coverage's
Fees
Discounts
Object
Insured
Condition
Clauses
Reinsurance
XOL/Prop.
Business
Source
Incoterms
Zone
Mapping
Conveyance
Type
Payment
TYPES
Production
Periods
Automatic
Vouchering
R E I N S U R A N C E
Policy Admin
Liab.
Eng.
GA
Fire
Marine
&
Hull
Motor
Underwriting & Claims
Policy Admin
General Insurance
Class/Minor
Of
Business
Claim
Accident
Types
Settlement
Types
Claim
Parties
Settled &
Recovered Parties
Recovery
Types
Spare
Parts
Vehicle
Types
Bodily
Injuries
Settlement
Methods
Repair
Types
Damaged
Parts
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R E I N S U R A N C E
Liabilities
Engineering
GA
Fire
Marine
& Hull
Motor
Underwriting & Claims
Policy Admin
Production (Underwriting)
WORK FLOW
General Insurance
Policy Info.
• No
• Minor COB.
• Client
• Broker
• Validity
• Accounts
Property
• Risk Type
• SI
• Veh/Fleet
• Prem.
• Fees
• Coverage
Prem. Sum.
• Rate
• SI
• Discounts
• Add. Cov.
• Fees
• Total Prem.
Endorse.
• Add
• Modify
• Cancel
• Renewal
Automatic
Vouchering
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R E I N S U R A N C E
Liabilities
Engineering
GA
Fire
Marine
& Hull
Motor
Underwriting & Claims
Policy Admin
Claim
WORK FLOW
General Insurance
Claim Info.
Retrieval of Policy Info
Claim No
Accident Intimation Date & Time
Vehicle (s) Descriptions
Claim Responsibility Type
Driver Info
Claim Parties
(Ins Material/Bodily
TPM/TPB/Prop damg.)
Damage Type
Damage Parts
Repair Orders
Accident Doc. Image
Estimated Loss Amt
Recoveries
Outstanding
Settlement
Automatic
Vouchering
Recovery
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R E I N S U R A N C E
Liabilities
Engineering
GA
Fire
Motor
Marine
& Hull
Underwriting & Claims
Policy Admin
Production (Underwriting)
WORK FLOW
General Insurance
Marine Sub
Classes
• Cargo
• Hull
• Open Cover
• Aviation
Policy Info.
• Number
• Sub Class
• Client
• Broker
• Validity
• Accounts
Property
• Risk Type
• LC details
• Conveyance
descriptions
• Prem.
• Risk details
• Fees
• Coverage
Prem. Sum.
• Rate
• SI
• Discounts
• Fees
• Total Prem.
Certificates
• Open/Annual/
Land Cover
Endorsement
Automatic
Vouchering
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R E I N S U R A N C E
Liabilities
Engineering
GA
Fire
Motor
Marine
& Hull
Underwriting & Claims
Policy Admin
Claim
WORK FLOW
General Insurance
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Claim Info.
Retrieval of Policy Info
Claim Number
Accident Intimation Date & Time
Vessel(s) & Property Descriptions
Risk Type
Accident Type
Estimated Recovery
Outstanding
Settlement
Automatic Vouchering
Recovery
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R E I N S U R A N C E
Policy Admin
General Insurance
Policy Info.
• Retrieval of Policy
Info
• Premium details
Fac. R/I allocation
• RE/In Co.
• RE/In % share
• Commissions
• Rate
• Net Premium
Liabilities
Engineering
GA
Fire
Motor
Marine
& Hull
Underwriting & Claims
REINSURANCE
WORK FLOW
Treaty R/I allocation
• Treaty number
• RE/In % share
• RE/In Amt
•Retention % Share
•Retention Amt
• Net Premium
• SI
Automatic
Vouchering
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R E I N S U R A N C E
Motor
Marine
& Hull
Liabilities
Engineering
GA
Fire
Underwriting & Claims
Policy Admin
Production (Underwriting)
WORK FLOW
General Insurance
Policy Info.
•#
• Minor C.
• Client
• Broker
• Lawyer
• Surveyor
• Validity
• Accounts
• History
Risk
• Risk location
• SI
• Deductibles
• Liability limit
• Prem.
• Fees
• Coverage
Prem. Sum.
• Rate
• SI
• Discounts
• Add. Cov.
• Fees
• Total Prem.
Endorse.
Add
Modify
Cancel
Renewal
Automatic
Vouchering
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R E I N S U R A N C E
Motor
Marine
& Hull
Liabilities
Engineering
GA
Fire
Underwriting & Claims
Policy Admin
Claims
WORK FLOW
General Insurance
Claim Info.
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Retrieval of Policy Info
Claim #
Accident Intimation Date & Time
Cause of Loss
Accident Type
Estimated Recovery
Outstanding
Automatic Vouchering
Settlement
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R E I N S U R A N C E
Motor
Marine
& Hull
Liabilities
Engineering
GA
Fire
Underwriting & Claims
Policy Admin
REINSURANCE
WORK FLOW
General Insurance
Policy Info.
• Retrieval of Policy
Info
• Premium details
Fac. R/I allocation
• RE/In Co.
• RE/In % share
• Commissions
• Rate
• Net Premium
Treaty R/I allocation
• Treaty #
• RE/In % share
• RE/In Amt
• Net Premium
• SI
• Procedures
Automatic
Vouchering
ADD
MODIFY
CANCEL
•
Endorsement
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Third Layer
Surplus Distribution / TAKAFUL
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Surplus Distribution / TAKAFUL
Integrated Business Layers
Liabilities
Engineering
General
Accidents
Fire
Marine
& Hull
Motor
UNDERWRITING & CLAIMS
Data Flow
Architecture
R E I N S U R A N C E
Policy Admin
General Insurance
Set Up
Accounting
Clients
Security
Core Systems
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Surplus Distribution / Takaful
Defining Surplus Pools
Corporate
Pool
Class(es) of
Business
Pool
Distribution Methodologies
Profit on Prem.
Net Profit
Prem. X Distr. %
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T.Prem
% on Claim
Prem. X Distr. % X Claim %
Profit on net
Prem. – Claim X Distr. %
Surplus Distribution / Takaful
Auto
Calculation
Premiums
• Outstanding
• Settlements
Automatic
Voucher
Settlement
&
Generation
Auto
Calculation
Of Surplus
Accounts Definition & Mapping
Distribution %
Revenue
Net Profit
Pool
Net Profit
Expenses
T.Prem
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Thank You For Your Kind Attention
Q&A