Bonyan Core Insurance Solution

Bonyan Core Insurance Solution

The Core Insurance Platform of IranEIT (branded as Bonyan) is the company's flagship product, which has been developed and launched since 2004 (1383(. To date, four generations of this system have been produced, with the fourth generation, introduced in 2018 (1397), currently in operation. This latest version features significant advancements in business processes, workflow capabilities, and a rules engine, with a strong focus on a product-centric approach. Over the past two decades, the system has continuously evolved and been updated. Its scalability, rooted in the Bonyan ecosystem, faster development requests, high connectivity, and support for large-scale data, thanks to the use of cutting-edge technologies at IranEIT, have made it a trusted, comprehensive, and integrated system for 21 insurance companies. From the outset, the fundamental goal of Bonyan has been to achieve operational integration in insurance and comprehensive coverage of all insurance lines.

Policy Issuance
Claims Management
Financial Operations
Reinsurance

Main Subsystems of Bonyan

The comprehensive suite of Bonyan subsystems empowers insurance companies to deliver a full range of insurance products and services.

Vehicle Insurance
Vehicle Insurance
Third-party, driver casualties, and special plans.
Supplemental Health Insurance
Supplemental Health Insurance
Life and Accident Insurance
Life and Accident Insurance
Fire Insurance
Fire Insurance
Multi-Layered/Multi-level Sales Organization
Multi-Layered/Multi-level Sales Organization
Credit Insurance
Credit Insurance
Travel Insurance
Travel Insurance
Cargo Insurance
Cargo Insurance
Liability Insurance
Liability Insurance
Employer, Civil, and Professional Insurance
Insurance for specific lines
Insurance for specific lines
Engineering Insurance
Engineering Insurance
Energy Insurance
Energy Insurance
Building Insurance
Building Insurance
Money Insurance
Money Insurance
Credit insurance
Credit insurance
Family Takaful Infrastructure
Family Takaful Infrastructure

Life Insurance

Life and Investment Insurance
Life and Investment Insurance
Pension Insurance
Pension Insurance
Term Life Insurance
Term Life Insurance
Mortgage Protection Insurance
Mortgage Protection Insurance
Wealth Management Insurance
Wealth Management Insurance
Multi-Level Sales Organization for Life Insurance
Multi-Level Sales Organization for Life Insurance
Family Takaful
Family Takaful
Integration with Investment Funds
Integration with Investment Funds
Ministry of Petroleum Scheme
Ministry of Petroleum Scheme

Benefits and Advantages:

Information Security
Efficient Support System
System Analytical Richness
Localization
Scalability
Customer Participation in Software Development
Customer Participation in Project Management

Features and Capabilities:

Comprehensive Coverage of Insurance Fields
Comprehensive Insurance Operations
Policy issuance, claims, financial, and reinsurance
Integration of Processes and Data
Comprehensive Coverage of Operational Data and Processes in All insurance Lines
Scalability
Exceptional Connectivity
Big Data Support
Rapid Development Requests
Business Rules Management
Integration with SANHAB
(Iran Central Insurance Monitoring and Electronic Supervision System)
Optimization and Redesign of Major Business Processes
Tax Invoice Generation and Submission System