scholarly journals Policy Management System: Overview

2021 ◽  
Vol 23 (06) ◽  
pp. 231-237
Author(s):  
Hardik Devrangadi ◽  
◽  
Rithwik Goel ◽  
Vishnusai Reddy Tadiparthi ◽  
Mohammed Kalender Shihab ◽  
...  

For any insurance contract to see the light of day, a particular process flow is usually followed. This process flow begins with the customer calling an agent to obtain insurance, and ends with the customer receiving a quote for the coverage. Precision methods focus on improving precision and quality and on planning measures that absolutely address issues and meet the necessary requirements. Unlike automation where the focus is on speeding up tasks and processes, a precision-based approach is centered around improving the quality of the process. More current practices call for ceaselessly examining and retooling tasks/operations to achieve ever more noteworthy business esteem. In this paper, the Insurance Policy Administration System is covered in detail. The format, layout, and key details that the insurance policy entails are thoroughly covered. Some key functionalities like The Policy Submission, Risk Analysis, Policy changes and renewals, Policy cancellation in a typical Policy Administration System are reviewed. Since the Policy Administration System cannot be a standalone service and has to be used along with external systems, the integration of this typical policy administration system with an external system like a user management system is also discussed.

2011 ◽  
Vol 7 (1) ◽  
pp. 29-40 ◽  
Author(s):  
Lorena Candice de Araújo Andrade ◽  
Ellen Silvia Ramos Amaral ◽  
Nataluzo Balbino da Silva ◽  
Helder Lima de Queiroz

The pirarucu counting method is a simplified stock assessment that has been used as the main parameter for establishing the annual fishing quotas in the management system of the Mamirauá and Amanã Reserves. In spite of the method’s directness, considering the recent expansion of managed fisheries, we cannot confirm that the counters thoroughly obey the original methodology. There is a concern of a technical nature, as the results of the counts directly influence the fishing quotas, and the lack of technical supervision or the inadequate application of the method are factors that can compromise the management system as a whole. This study aims to assess the counts that took place in six fishing environments of the Jarauá Sector, Mamirauá Reserve, and in four fishing environments of the area of the Pantaleão Fishing Agreement Complex, Amanã Reserve. We verified the consistency of the information resulting from the count, presented to the technical staff. To do this, we conducted recounts of juvenile and adult pirarucus in the same environments. In the Jarauá Sector we found significant differences in the counting results from Samaumerinha do Tucuxi and Curuçá do Centro. In Comprido do Maciel we found differences regarding the number of counted areas. In the sampled environments from the Pantaleão region we did not find significant differences between the counts. The results highlight the importance of creating assessment mechanisms for the counts, for the purpose of preventing possible alterations in the results that might influence the fishing quotas without a biological reason for justifying such quotas.


2020 ◽  
Vol 22 (4) ◽  
pp. 82-118
Author(s):  
YANA TOOM ◽  
◽  
VALENTINA V. KOMLEVA ◽  

The article studies the main stages and features of the evolution of the public administration system in the Republic of Estonia after 1992. This paper presents brief geographical and socio-economic characteristics that largely determine the development of the country’s public administration. The evolution of the institution of the presidency, executive, and legislative powers are considered. The role of parliament and mechanisms for coordinating the interests of different groups of the population for the development of the country is especially emphasized. The authors analyze the state and administrative reforms of recent years, which were aimed at improving the quality of services provided to the population, increasing the competitiveness of different parts of Estonia, as well as optimizing public spending and management structure. The introduction of digital technologies into the sphere of public administration, healthcare, education, and the social sphere is of a notable place. Such phenomena as e-residency, e-federation, and other digital projects are considered. The development of a digital system of interstate interaction between Estonia and Finland made it possible to create the world’s first e-federation, and the digitization of all strategically important information and its transfer to cloud storage speaks of the creation of the world’s first e-residency, a special residence of data outside the country’s borders to ensure digital continuity and statehood in the event of critical malfunctions or external threats.


2021 ◽  
Vol 26 ◽  
Author(s):  
W. Yousuf ◽  
J. Stansfield ◽  
K. Malde ◽  
N. Mirin ◽  
R. Walton ◽  
...  

Abstract IFRS 17 Insurance Contracts is a new accounting standard currently expected to come into force on 1 January 2023. It supersedes IFRS 4 Insurance Contracts. IFRS 17 establishes key principles that entities must apply in all aspects of the accounting of insurance contracts. In doing so, the Standard aims to increase the usefulness, comparability, transparency and quality of financial statements. A fundamental concept introduced by IFRS 17 is the contractual service margin (CSM). This represents the unearned profit that an entity expects to earn as it provides services. However, as a principles-based standard, IFRS 17 results in entities having to apply significant judgement when determining the inputs, assumptions and techniques it uses to determine the CSM at each reporting period. In general, the Standard resolves broad categories of mismatches which arise under IFRS 4. Notable examples include mismatches between assets recorded at current market value and liabilities calculated using fixed discount rates as well as inconsistencies in the timing of profit recognition over the duration of an insurance contract. However, there are requirements of IFRS 17 that may create economic or accounting mismatches of its own. For example, new mismatches could arise between the measurement of underlying contracts and the corresponding reinsurance held. Additionally, mismatches can still arise between the measurement of liabilities and the assets that support the liabilities. This paper explores the technical, operational and commercial issues that arise across these and other areas focusing on the CSM. As a standard that is still very much in its infancy, and for which wider consensus on topics is yet to be achieved, this paper aims to provide readers with a deeper understanding of the issues and opportunities that accompany it.


2004 ◽  
Vol 28 (1) ◽  
pp. 5-7 ◽  
Author(s):  
Ronan McIvor ◽  
Emma Ek ◽  
Jerome Carson

Aims and MethodTo examine non-attendance rates in patients seen by psychiatrists of different grades and a consultant clinical psychologist. Rates were obtained from the patient administration system over a 21-month period.ResultsA planned linear contrast showed that the clinical psychologist's patients had the lowest rate of non-attendance (7.8%), followed in turn by those of consultant psychiatrists (18.6%), specialist registrars (34%) and senior house officers (37.5%).Clinical ImplicationsFactors such as continuity of care, perceived clinical competence and the provision of non-medical interventions might have an impact on attendance rates. These results indicate the difficulty in reconciling the training needs of junior doctors with the provision of continuity and quality of care for patients. Reminder systems for people seeing training doctors might be an effective way of reducing non-attendance rates.


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