Services & Products / Insurance Industry / Service Range

SERVICE RANGE

Previnet S.p.A provides Insurance Companies with a comprehensive range of services for the administration of Life, Non-Life and Pension products. Services are adapted to suit the specific requirements of each individual Company, product, operating model and/or market, providing complete support for all administration activities. Services include assistance with sales and distribution, policy and policyholder administration, regulatory reporting, HQ feeds, commission mgmt as well as administration of the liquidation phase and claims payments including tax reporting and client correspondence.

Services are provided to either a single or a range of insurance products and can be extended to the administrative and accounting management of the whole Life or Non-Life portfolio, if required. Previnet has a proven track record of successful working relationships with the many different distribution channels within this sector, dealing with both traditional networks (agencies and brokers, Bancassurance networks, etc) as well as on-line distribution.

Thanks to its unique service model, Previnet has the capability to handle all aspects of operations involved in Life and Non-Life portfolio management, whether these be for individual ('retail') or group ('collective') distribution agreements, with annual, quarterly or monthly premium payments. Previnet caters for all types of product currently available within the market (even those with investment components), as highlighted by the below examples:


Examples of Life products:

• Traditional life insurance products (term/permanent life, variable life, capitalisation)
• Investment linked policies (unit linked, index linked, guaranteed returns)
• Retirement provision (personal pension plans such as, in Italy: 'FIP', TFR cover, 'TFM')
• Annuity products

Examples of Non-Life products:

• Car insurance (accident cover, third-party cover, theft)
• Mortgage and family insurance (mortgage repayment cover, fire & theft, primary wage earner third party liability, financial hardship cover)
• Accident and Sickness cover