Scope of Insurance Management System Final Year Project

Policy Management: Handle the creation, updating, and tracking of insurance policies.
Claim Management: Process and manage insurance claims from submission to settlement.
Customer Management: Maintain and manage customer profiles and policy details.

Premium Management: Track and manage insurance premiums, payments, and billing.
Reporting and Analytics: Generate reports and analyze data related to policies, claims, and financials.

Policy Management:
- Create and update insurance policies (e.g., health, auto, life).
- Track policy status, renewals, and cancellations.
- Manage policy details including coverage limits, exclusions, and premiums.
Claim Management:
- Submit and track insurance claims.
- Manage claim status (e.g., pending, approved, rejected).
- Process claim payments and handle disputes.
Customer Management:
- Register and update customer profiles (e.g., personal details, contact information).
- Link customers to their policies and claims.
- Track customer interactions and support requests.
Premium Management:
- Generate and manage invoices for insurance premiums.
- Track premium payments and outstanding balances.
- Handle premium adjustments and refunds.
Reporting and Analytics:
- Generate reports on policy performance, claim trends, and financial metrics.
- Provide data visualization tools (e.g., charts, graphs) for better insights.

Usability: Intuitive user interface for easy navigation and operation by users.
Performance: Efficient processing of policies, claims, and payments.
Security: Secure handling of sensitive data such as customer information and policy details.
Scalability: Ability to handle an increasing number of policies, claims, and users.
Reliability: System uptime and robustness to ensure consistent performance.

Front-End: Technologies for user interface development (e.g., HTML, CSS, JavaScript, frameworks like React or Angular).
Back-End: Server-side technologies (e.g., Node.js, Django, Flask).
Database: Database management system (e.g., MySQL, PostgreSQL, MongoDB).
Payment Processing: Integration with payment gateways for managing premiums (e.g., Stripe, PayPal).
Deployment: Hosting and deployment platforms (e.g., AWS, Azure, Heroku).

Architecture: Overview of system architecture (e.g., client-server model, microservices).
Data Model: Design of the database schema, including tables for policies, claims, customers, and premiums.
User Interface Design: Wireframes or mockups for different user roles (e.g., insurance agents, customers, admin).

Development Phases: Breakdown of phases (e.g., requirement analysis, design, development, testing, deployment).