DESIGN AND IMPLEMENTATION OF A COMPUTER BASED INFORMATION SYSTEM FOR UNDERWRITING INSURANCE POLICIES (A CASE STUDY OF NICON, ENUGU BRANCH). A RESEARCH PROJECT MATERIAL ON COMPUTER SCIENCE
The researcher seeks to study those that concerned the underwriting only. It has different aspects of the business and involvement as it the area of underwriting of policies.
The underwriting here means a process of taking decision on whether to accept on insurance business. This work discuses extensively different types of insurance policies and low to carry out the insurance business.
However, the design was carried out with the hope of computerizing the policies so as to automate the system to curb most of the problems encountered in the insurance companies.
Finally, when the design is fully operational, there will be improved flow of information retrieval by means of on line direct assess equinity system, which will improve direct relations due to fewer computation errors.
In a sector of the society there is a disaster, which many forms and on human being is immured to them. There is no way of knowing who may happen. But at least some of the money problems were net up by a group of people who come together to bear risks of others, these people are known as “ Insurance”
Companies compensate or indemnity the return for the financial loss suffered as a result of those risks or life. They do not set out to eliminate the loss and cannot stop the disaster or misfortune from occurring but rather they suffer the blow in a purely financial sense of offering momentary compensation to the nation.
This project is developed so that most of the work done manually in to the insurance companies will be carried out using computers with the aim to achieve efficiency and accuracy in the operations of the business (underwriting) and also to make the task of insurance managers cashier to providing them with additional information.