Design, Implementation And Innovations Of Bancassurance Business System

Originated from Europe in the1980s, Bancassurance business in the world hasbeen widely promoted. With the growth of business scales, the gradual perfection ofbank regulation, as well as the all-round development in financial computerizing,real-time networking operation has become inevitable instead of manual work toreinforce the construction of financial computerizing. As a result, the Bancassurancesystem arises at the historic moment.This paper introduces the requirements analysis and the general design of theBancassurance system, stating the function implementation in the aspect of processingflow,procedure code and user interface, discussing innovations on some topics as well.The system consists of six system modules: management module, counter transactionmodule, online banking transaction module, telephone banking transaction module,liquidation processing module, reporting forms module and so on. The system adoptsthe object-oriented design principles, bases on JAVA, such as the LUA language forsoftware development, uses Eclipse development tool, AIX for its operating system,and Oracle for its database.According to the software engineer, developmentenvironment test, testing environment test and production test are giving before thesystem running, which fully validate the good performance of the software. Thispaper mainly shows part of the testing performances and bases on which to analyzethe testing statistical results. This system realizes data real-time connections betweenthe head office of the bank and the headquarters of the insurance company after onlinerunning, realizes the functions of insurance sale, the first premium payment, roll overpremium inquire and payment, guarantee slip printing and re-printing, day revocationof the insurance contract, batch withholding, business information inquiry, clearingand reconciliation and so on.It realizes regulation and control of the bancassurancebusiness and is capable of statistic reporting forms as well in different managementlevel (head office, branch and sub-branch). It connects bank counter, online banking,telephone banking, and other transaction channels, well cooperates the newlyinsurance company between the two sides with standard configuration of this system.It is of great significance to strengthen the construction of the sustainabledevelopment of, which not only satisfies the increasingly bancassurance businessscales, caters to the development of the globally financial computerizing tide, but alsocontrols and prevents the occurrence of each link of business risk, and effectivelyguards against violations through technical means, and it is very important measuresto carry out the regulation policy as well.