INSURANCE MANAGEMENT SYSTEM

ACKNOWLEDGEMENT

Before getting into the thick of the things, we would like to express our deep gratitude to the people who helped us during the course of this project. We are grateful to our project guide for her guidance throughout this project research and work We also wish to thank all the faculty members of Information Technology and our respectable Head of and efficient teaching procedures, epartment for their constant help

Names of students:

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INSURANCE MANAGEMENT SYSTEM

ABSTRACT

The insurance company needs to keep track of details of its tar et companies! a ents! policyholders! their premium payments and the "arious products that are a"aila#le $ith it% &ence it is under tremendous pressure maintainin their day'to'day acti"ities! $hich is currently #ein done manually% Entire records ha"e to #e updated timely! e"en a sli ht mistake could complicate thin s% It is "ery difficult to handle #ulk data since human memory is $eaker than electronic counter part% It is time consumin to summari(e these details to produce the reports% The Insurance mana ement system is a complete solution for or ani(ations! $hich need to mana e insurance for their "ehicles! e)uipment! #uildin s! and other resources% *r ani(es and tracks insurance "endors and the policies pro"ided under different co"era e% +e are offerin a ro#ust $e# #ased insurance solution! $hich has the fle,i#ility of customi(ations to match the specific needs of clients for achie"in their #usiness oal of ood ser"ice and re"enue eneration% Insurance policy administration system consists of a mathematical notation that captures the relationship #et$een policies and o#-ects and the entities that mana e policies for those o#-ects% &ence there is need for an automated system! $hich can efficiently mana e the company! records! pro"ides instant access and one that impro"es the producti"ity% As a result of this automated system! the acti"ities of the company are performed $ith in the stipulated time and the relia#le and efficient ser"ice is ensured to its users%

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INSURANCE MANAGEMENT SYSTEM

INDE

!cknowledgement""""""""""""""""""""""""""""""""""""""""""""# !bstract"""""""""""""""""""""""""""""""""""""""""""""""""""""""""$ Introduction""""""""""""""""""""""""""""""""""""""""""""""""""""% &'er'iew""""""""""""""""""""""""""""""""""""""""""""""""""""""""( )* iagram"""""""""""""""""""""""""""""""""""""""""""""""""""""+ ,on'erting )* iagram into Tables""""""""""""""""""""""" Table .tructures"""""""""""""""""""""""""""""""""""""""""""""""/ 0ormali1ation""""""""""""""""""""""""""""""""""""""""""""""""""#2 ,ode""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""#% .napshots"""""""""""""""""""""""""""""""""""""""""""""""""""""""%2 ,onclusion""""""""""""""""""""""""""""""""""""""""""""""""""""""%/ .cope of )nhancement"""""""""""""""""""""""""""""""""""""""%/

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INSURANCE MANAGEMENT SYSTEM

INTROD!CTION
3isual Basic is an interesting topic, which has different types. It has all the methods ha'e their won features with each ha'ing merits and demerits which help in data processing. The topic includes their architecture representing the elements in'ol'ed in it and their action is also specified. 3isual Basic 4.5 allows creating object"oriented applications. 3isual Basic 4.5 profoundly concentrates on the Internet de'elopment features, !cti'e 6 technology, enhanced controls, enhanced features of existing control, client7ser'er, new language features de'elopment, data access, a few design enhancement etc.,

*elational databases are logical collection of inter"related data in tabular form relational databases ha'e always been core to any management system. Its rele'ance is profound and hence the need to incorporate new functionalities, utilities becomes important. These are currently the predominant choice in storing financial records manufacturing and logistical information, personnel data and much more. *elational databases are used in huge management systems like 8ost &ffice, Banking, *ailway, efence 9ogistics. atabases pertaining to )ducational Institutions and other large collection of related data. *elational databases ha'e largely replaced hierarchical databases and network databases because they are easy to understand and use e'en though they are much less efficient. They ha'e been howe'er challenged by &bject atabases and 6:9 databases. The three leading commercial relational database 'endors are &racle, :icrosoft, and IB:. The three leading open .ource implementations are :y.;9, 8ostgre.;9, and .;9ite. The software components used in our project are as under< #. =a'a .er'er 8ages $. = > 4.5 2. 8ostgre.;9 /.# database

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INSURANCE MANAGEMENT SYSTEM

%. 0etbeans +.$ I ) (. :acromedia reamwea'er4. !pache Tomcat +.5

S"STEM RE#!IREMENTS:$
#. Windows 8latform ?68 7+7-@. $. #AB *$ *!:. space B*)).

2. !t least ( AB H

%. 8rocessor speed #.+ Ah1 or higher.

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INSURANCE MANAGEMENT SYSTEM

O%ER%IEW O& T'E PRO(ECT

S"STEM DESCRIPTION< The proposed system is for making easier to manage policy holder details, agent details, policy details, claimant details and payment details. .o this will be de'eloped for managing the insurance management system. The o'erall system is control through the main menu. The main menu contains 4 parts. #. 8olicy .chemes. $. !gent 9ogin. 2. ,ustomer 9ogin. %. !dministrator 9ogin. (. !bout us. 4. ,ontact us.

POLIC" SC'EMES:$ 3arious policy schemes are<" #. 9IB) I0.C*!0,)<" a@ Whole life policy b@ Term life policy c@ )ndownment policy d@ 8ension plans $. A)0)*!9 I0.C*!0,)<" a@ Home insurance b@ !uto insurance c@ Bire insurance

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INSURANCE MANAGEMENT SYSTEM

AGENT LOGIN

The agent login form links to" #. Basic agent information like contact details and address which will be shown in customer insurance information window. $. !ll the information related to insurances which he has made to his clients. 2. ,ommission recei'ed by him for each insurance made by him respecti'ely. %. &ption to create a new policy to any existing7new client. (. &ption to edit the contact information of its client. 4. &ption to delete a policy of any client in case of policy lapse.

C!STOMER LOGIN:$ The form contains the agent information like" #. 8ersonal information reDuired by insurance agency. $. 0ext premium due of respecti'e insurances by the client along with maturity date,agent info etc.

ADMINISTRATOR LOGIN:$ !dministrator has rights to" #. ,reate new agent $. )dit agentEs information and its commission percentage. 2. elete an agentEs database and all its policies respecti'ely.

ABO!T !S:$ It contains information about the organi1ationEs history and its achie'ements. CONTACT !S:$ It contains the contact details of the organi1ationEs 'arious branches located in different parts of a country.

REPORTS:
Sales report Claimant information report Agent information report

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INSURANCE MANAGEMENT SYSTEM

Client information report

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INSURANCE MANAGEMENT SYSTEM

ER DIAGRAM

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INSURANCE MANAGEMENT SYSTEM

CON%ERTING ER DIAGRAM INTO TABLES

)* Con+e,t-ng st,ong ent-t. t./es )ach entity type becomes a table )ach single 'alued attribute becomes a column eri'ed attributes are ignored ,omposite attributes are represented by components :ulti"'alued attributes are represented by a separate table >ey attributes of the entity type is the 8rimary >ey

0* Con+e,t-ng ,e1at-ons2-/s *elationships are based on cardinalities and degree of the relation m:n

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,9!I:!0T

INSURANCE MANAGEMENT SYSTEM

3* Re1at-ons 4on+e,ted

8olicy holder and policy ha'e m<n cardinality which results in con'ersion of the relation Ginsured byE into a table named as GinsuranceE. The insurance table has phHkey and polHkey from policy holder table and policy table respecti'ely ,as its composite primary key.

!lso policy and agent table ha'e m<n cardinality resulting in con'ersion of relation GsalesE, into a table named as GsalesE. The table sales has phHkey and polHkey from policy holder table and policy table respecti'ely ,as its composite primary key and agent key from agent table as a foreign key.

CONCL!SION

! computeri1ed insurance management system has been de'eloped and the system was tested with sample data.

The system results in regular timely preparations of reDuired outputs. In comparison with manual system the benefits under a computer system are considerable in the sa'ing of man power working hours and )ffort.

8ro'ision for addition , updation and deletion of customers is there in the system .It is obser'ed that proper filing system has been adopted for future refernce . The entire project runs on windows en'ironments.

The system can be used to make better management described at appropriate time. The user gets amount and timely information system.

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INSURANCE MANAGEMENT SYSTEM

SCOPE O& EN'ANCEMENT

The system may be further updated or modified at will owing to its simple structure. We can further add a transaction entity which will look after the payments made by the customer towards their policy. Depending on future requirements more changes can be made owing to the organizations need.

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INSURANCE MANAGEMENT SYSTEM

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