Introduction

Activity processing is a core component of the Oracle Insurance Policy Administration (OIPA) system. Every administrative event that occurs in an insurance policy, plan, client or company is described as an activity in the system. The purpose of this guide is to provide a comprehensive explanation of activity processing in OIPA.

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OIPA Activity Processing Overview

An activity is an event that may or may not change relative data based on a business's requirements.

An activity is an instance of a transaction. A transaction can be considered as synonymous to a class and an activity is synonymous to the object that is an instance of that class. Transactions are XML rules that are configured according to business requirements. They are configured using the Oracle Insurance Rules Palette. Transactions define input variables, processing logic and lists of changes made to data such as policy information. Transactions can be defined in the system at the policy, plan, client and company level depending on the type of data they need to execute. Some typical OIPA transactions at the policy level are premium, billing and anniversary processing.

Front-end OIPA User Interface Listing Activities that Occurred at the Policy Level

Rules Palette Interface for Configuration of Transactions that Become Activities