The Analysis And Design On Bancinsurance MIS For CHINA LIFE Hunan Branch

Bancinsurance, a sector-mixing model formed during the interactive and mutual infiltrative process of banking and insurance services, leads a financial innovation which integrates product services and organization revolution. The development of Bancinsurance MIS has facilitated the realization of the win-win-win objective among the three parties: the bank, the insurance company and the customer. Through this system, the bank is able to share insurance customer resources, diversify its financial products and services, and achieve breakthroughs to its business patterning; the insurance company is able to take advantage of the good reputation and extensive network of the bank; while the customer enjoys an all-round financial and insurance service provided by Bancinsurance MIS.The structure design ideology in software engineering is adopted by this paper to develop bancinsurance. In the market analysis phase, in-depth study is conducted in banking insurance market through substantial evidences to reveal the fact that current deposit constitutes the main source of premium, which proves the immense value of developing Bancinsurance MIS. In the system analysis phase, the task for this system is defined, the business process of banking insurance is described, and the reliability of bancinsurance MIS is testified through quantitative analysis. In system design phase, the flexibility is fully demonstrated through architecture design . Function design, network design, interface design and database design are also completed in this phase. In the system realization phase, system module is decomposed, the processing logic for module is described and project management process is initiated.Bancinsurance MIS hase released over the whole province, and it has accomplished favorable economic effects, which secured the system as one of the core systems for the daily operations of our company. Bancinsurance MIS has extended insurance business to banking networks, thus offered solutions to technical problems such as insurance contract printing at T+0 over the bank counter and simultaneous account settlement. Under the light of two years' system operation experience, this paper proposes approaches for system improvement with consideration for new business demand, system security and system management to advance bancinsurance MIS into a general business platform. Bancinsurance MIS, short massage system and call center constitute the system cluster for supporting product sales and customerservice channel of our company. Those systems, however, are mutual independent, inefficient in information sharing for they have separate databases, which gives rise to the phenomenon called information iso-land. The paper envisions the development prospect for bancinsurance MIS, offers a tentative framework for the establishment of a unified multi-channel business platform, a unified database to integrate varied channel resources, and thus to realize highly efficient information sharing.