Download - Pacific & Orient Berhad

(181345-T)P&O GLOBAL TECHNOLOGIES SDN BHD(formerly known as Pacific Netlab Sdn Bhd)Production&StatisticalReportingAgencyManagement &MarketingClaimsApplicationAdministrationGeneral LedgerAccountingUnderwritingCover NoteControlReinsuranceIntegratedAN GENERAL INSURANCE SOLUTIONPowerVision-0005-1/14

Database Environment & Development ToolPowerVision is developed in the powerful postRelational DBMS i.e. uniVerse environmentthat operates on UNIX operating system platform together with the combination ofPCSPLUS and PICK BASIC programming language.uniVerse RDBMS is a software product with two aspects :uniVerse❖ it is a POSTRELATIONAL DATA BASE MANAGEMENTSYSTEM (RDBMS) with significant extensions forcommercial and analytical applications, and❖ it is a complete set of operating utilities and programmingtools that give it the appearance of a SHELL in UNIXterminology (or a Guest Operating System in mainframeterminology).All features can be activated by means of Remote ProcedureCalls in a Visual Basic or C-language client process.The superiority of the uniVerse RDBMS, and the reason why it is called “postrelational”, isbased on an internal data structure called a DYNAMIC ARRAY, which is used to represent arow in a table. Because of this architecture, you can achieve things with uniVerse RDBMSthat are very hard to achieve with an unimproved RDBMS.Some of the distinguished features of uniVerse RDBMS include: -database management concepts • transaction management• security & integrity• distributed databasesdata storage concepts • virtual (formulaic) columns• multivalued data & association• untyped & variable length datadata access components • Retrieve - query processor &report writer• enhanced industry standardSQLPCSPLUS is an innovative development tool developed in-housed by our R&D team. It has :-PCSPLUS❖ a powerful Screen Generator, programmers’ savior❖ an easy to use Menu Generator for administrator❖ a flexible Report Writer tailored for non-technical userPowerVision-0005-3/14

Salient Features of PowerVision’s ModulesDebtor & Creditor Accounting❒ Accounting Guideline Set-Up❖ operational control parameters such as source of income (local direct, local inward, overseasinward) & account type (agent, broker, reinsurer)❖ maintenance of credit terms & limit for each account❖ accounting month/month-end closing control parameters maintenance❖ provides for foreign currency & comprehensive exchange rate monitoring table❒ Transaction Processing❖ Caters for transaction types such as receipt, standing/recurring entry, debit/credit note,journal & payment❖ most transaction type would allow for multiple agency/reinsurer accounts per transaction andeach agency/reinsurer account can have more than one transaction entry❖ flexible update/posting facility for all transaction type on “as and when required” basis❖ support “open item” accounting practice❖ automatic handling of premium due on transaction under installment payment scheme❒ Open Item Processing❖ facility for batch update of debit/credit transactions from Underwriting, Reinsurance & Claimsmodules❖ provide flexible matching options such as policy number, vehicle number, debit/credit notenumber & aging period(s)❖ caters for auto-matching facility on advance payment transaction❖ flexible aging update process whenever required❒ Document Generation❖ monthly statement of account for agents, brokers & FAC RI outward/inward reinsurers❖ quarterly statement of account for proportional treaties❖ official receipt printing (optional)❒ Operational Reports❖ monthly statement of account for agents, brokers & FAC RI❖ comprehensive transaction type analysis listing commission due/recovery report❖ service tax chargeable/recoverable report❖ CBC (Cash-Before-Cover) & premium warranty compliance report❖ detailed aging analysis report❒ Enquiry❖ on comprehensive aging analysis & statement details by account code & account name❖ on individual transaction type entry via transaction number❒ Treaty Accounting❖ portfolio assumption, withdrawal & transfer management❖ accounting parameters maintenance like deposit & taxes❖ periodic update from Claims & Reinsurance modules❖ statement of account generation❒ UPR Processing❖ generation of UPR transaction from Underwriting &Reinsurance modules❖ calculation of UPR using latest formula by BNM❖ print various UPR statementsupdate UPR transaction to General LedgermodulePowerVision-0005-11/14

Installation BasePowerVision (and the predecessor, INSURAN) has been successfully installed and runningat the following insurance companies in three (3) countries over the last decade. They are :-Company Name Country SincePacific & Orient Insurance Malaysia 1987Malaysia Assurance Alliance Malaysia 1987Talasco Insurance Malaysia 1990China Merchants Insurance Hong Kong 1990Lambert Brothers Insurance Broker Hong Kong 1990Wing On Fire & Marine Insurance Hong Kong 1991American Malaysian Insurance Malaysia 1991Inchape Insurance Broker Hong Kong 1991Malaysian Motor Insurance Pool Malaysia 1991Via 3 servicing companies: -• South East Asia Insurance• Sime Axa Assurance• Multi-Purpose InsuransMUI Continental Insurance (INSURAN) Malaysia 1992Kurnia Insurans Malaysia 1992Hong Leong Assurance Malaysia 1993Amanah General Insurance(formerly known as Trust International Insurance)Malaysia 1993Perbadanan Nasional Insurans Malaysia 1993Tenaga Insurance Malaysia 1994United Oriental Assurance Malaysia 1994Malaysia British Assurance Malaysia 1994Tokio Marine Insurans(formerly known as Wing On Fire & Marine Insurance)Malaysia 1995The Dhipaya Insurance Co. Ltd. Thailand 1995South East Asia Insurance Malaysia 1996MUI Continental Insurance (PowerVision) Malaysia 1998Thai Viwat Insurance Co. Ltd. Thailand 1999PowerVision-0005-13/14