Configuring a Solution

The diagram above represents the processing executed outside of OIPA, as well as the main processing within OIPA using a generic life cycle of an individual life policy.

• The top block called New Sale represents the New Business and Underwriting processes that execute externally of the OIPA solution. Data from these processes may be transmitted to OIPA through the FileReceived web service or through manual entry via configurable screens.
• On the left, in red, begins the representation of the OIPA solution processing, starting with an individual product setup perspective. This represents a portion of the configuration that would constitute a saleable product. After product setup and availability, the data from specific sales of the product create policies in OIPA.
• The diagram highlights a few of the configuration driven elements of a policy; client, policy, role, benefits, coverages, and fund allocation.
• The next block represents the recordkeeping, or Activity processing. This processing comprises business events or transactions to support Policy Servicing and product required processing (anniversary, premium, annual statement). These sections, all denoted in red, are controlled by rules. All rules are configured (using the Rules Palette) as part of a product implementation.
• The bullet points in red are emphasis on strengths of activity processing within OIPA.
• The data retained in the OIPA database may be sent to downstream systems through real time requests from external sources or through the OIPA cycle process.