FINNAS Broker System

The NAS Insurance Brokers online system is called the Finance & Insurance Network for National Adviser Services, or FINNAS. It provides all the features required for general insurance agents and brokers to strengthen relationships with their clients and to manage their policies throughout a full lifecycle.

Principal phases of the lifecycle available in FINNAS include:

• Capturing information about current and prospective clients
• Client needs analysis
• Preparation of quotations
• Invoicing
• Endorsements
• Renewals
• Payment by credit card or application for premium funding

The system includes document management features which allow advisers to store electronic documents with their client or policy records. Electronic communication is available thanks to integrated e-mail functions, together with e-mail and correspondence templates. Online processing of policies through Telstra eBusiness' Sunrise Exchange is available for a wide range of products. Integrated credit card payments via SecurePay are also available.

FINNAS incorporates a client and policy management system tightly integrated with an accounting system for management of the trust account. Advisers are able to see at a glance the payment status of a policy and to report on commissions paid and due.

FINNAS is offered on an application service provider (ASP) model. NAS Insurance Brokers hosts the system on a server farm and advisers access the system using a standard Internet connection and Web browser. The ASP model delivers many advantages to advisers, such as reduced complexity and cost plus minimum requirement for in-house IT infrastructure and technical support.