Decoration
Technology

Policy Administration System: Revolutionising insurance and wealth management

We’re disrupting the insurance, superannuation and wealth management sector with a more customised alternative to commercial off-the-shelf (COTS) products

Meet the future of digital transformation: Our Policy Administration System (PAS) lets you choose only the components you need, for fast, seamless integration. Replace and digitise your traditional legacy systems with a cloud-native, low-complexity PAS that’s fully integrated and easy to use.

Learn more about other digital solutions we offer

Digital solutions

What makes the DB Results PAS different?

How our PAS streamlines your business

Our PAS is designed to manage all your administration
in one integrated platform. Key features include:

01

Choice of components

Purchase the entire PAS ecosystem or select only the components that your business needs and let our delivery team customise them to your requirements.

02

Policy management

Experience seamless coverage of everything from Term Risk to Super and Investments, Pensions and Annuities. Enjoy the peace of mind that comes with a complete solution.

03

Product agility

The DB Results PAS is a tiered, scalable, subscription-based model. It offers substantial savings as it reduces operational costs, flexibly responding to any new market requirements.

04

Configurable workflows

Empower your operations teams with configurable workflows and work task creation. Stay in contact with dashboards that provide real-time insights and boost productivity.

05

Underwriting workflow

Experience the best of both worlds with our STP and non-STP underwriting workflow process. Take advantage of the efficiencies that come with configurable SLAs and escalations.

06

Regulatory reporting

Unlock the capability to meet PAYG and PSAR, MAAS/MATS and APRA requirements. Embrace compliance with ease and confidence as you navigate regulatory obligations.

07

Monies in and out

Our integrations support contributions, withdrawals and premiums, claims and regular income payments. Process transactions effortlessly through payment gateways and SuperStream.

08

New business and alterations

Experience a seamless and intuitive quote and application process for new business and alterations.

09

Customer and adviser portals

Enable all users with the convenience of having both customer and adviser portals seamlessly integrated within a single PAS solution.

10

Adviser registry and commission payments

Experience the security of an efficient, centralised registry for licensees and advisers. Plus, easily access commission calculations and clawbacks with a configured set of rules in the Adviser Commission Calculation Rules Engine.

11

Rating engine

Enjoy a frictionless experience when creating product ratings and calculating premiums and stamp duties.

12

Supports your response to Quality Advice reforms

The DB Results PAS has been approved by Australian regulators and has the flexibility to adapt to changes in government reforms quickly.

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Our PAS in action

See how DB Results
created a modern PAS
for a global life insurer

Using the flexibility and efficiency of a low-code platform, we developed a modern Policy Administration System in a mere 12 weeks.

Visit the full story

Frequently asked questions

How does DB Results' PAS ensure data security and compliance?

DB Results’ PAS is built with enterprise-grade security to protect your sensitive data. Leveraging the power of OutSystems’ low-code platform, our solution is designed with robust security features that safeguard your information against cyber threats. It adheres to industry standards and regulatory frameworks, ensuring compliance with critical requirements such as APRA and ATO reporting and IFRS 17 standards. Our system ensures your business operates securely and in line with regulatory mandates, giving you peace of mind while you focus on your business.

How does DB Results provide ongoing support for its PAS solution?

Our team provides ongoing maintenance, troubleshooting, and updates so your system continues to operate at optimal performance, helping you stay on track with regulatory changes, system upgrades, and evolving business requirements.

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