Insurance Management Suite Odoo app icon

Odoo Insurance ERP for Policy and Claims

Policies, rating, premium billing, claims, and agency distribution for insurers and MGAs on Odoo.

Industry

Healthcare, Services

Technical name

pys_insurance_core

Insurance Management Suite Odoo module preview

Insurance Management Suite helps carriers and MGAs run products, rating, underwriting, policies, premium billing, claims, and agency sales in Odoo. Rate a risk, bind a policy, invoice premium, and track unearned and earned premium over time. Handle endorsements, cancellations, reinsurance, FNOL claims, payments, and recoveries. Agencies can quote, renew, and earn commissions, with customer and agent portals. Money posts through Odoo Accounting. Claim case reserves in this version are registers only, not balance-sheet journals. This is not a full IFRS 17 pack or an industry bureau connector.

Features

  • Rating snapshot at bind

    Versioned rating tables. The quote freeze is kept on the policy when you bind.

  • Policy versions and endorsements

    Lifecycle with bind, endorse, renew, cancel, and lapse. Delta premium billed or credited.

  • Premium through Accounting

    GWP, NWP, unearned, and earned on account.move. No second general ledger.

  • Reinsurance and bordereau

    Quota share, surplus, excess of loss, facultative, and bordereau reports.

  • FNOL to payment

    Portal or back-office intake, reserves, adjudication, payments, and recovery.

  • Agency quotes and commission

    CRM quotes, renewals, clawbacks, statements, and a public quote request page.

Insurance ERP extends Odoo Accounting, Contacts, CRM, Sales, Portal, and Website for insurance operations. Journal entries stay native. The suite adds policy, rating, claims, and agency workflow.

Core. Lines of business, products, and a versioned rating table. A submission is rated; the snapshot is frozen when you bind. Underwriting can accept, refer, or decline. Bind creates the policy, GWP/NWP, a premium invoice, and an unearned entry if accounts are mapped. A daily cron can earn premium on a 365-day pro-rata. Endorsements create a new policy version and bill or credit the delta. Cancel or lapse can credit unearned premium. Reinsurance supports quota share, surplus, excess of loss, facultative, and bordereau. Insurance Command Center is the OWL operations tower. Configure Insurance, Configuration, Account Mapping before you bind.

Claims. FNOL from the back office or the signed-in portal (/my/insurance/fnol and /my/insurance/claims). Coverage is checked against the policy snapshot. Investigation, assessment, and an append-only reserve history. Indemnity and expense payments post as account.move. Subrogation, salvage, and reinsurance recovery reduce net incurred. Fraud and medical lines can be restricted by group. Claims Command Center is a separate OWL tower. Website is required for the FNOL portal.

Distribution. Agencies, agents, licenses, CRM stages, quotes that convert to submissions, renewal campaigns, commission schedules, accruals, clawbacks, and statements. Public form /insurance/quote. Agent portal /my/insurance/quotes and /my/insurance/commissions. Policyholder portal /my/insurance/policies. Distribution Board is the commercial OWL view.

Compatibility

Odoo 19 Community or Enterprise. Three apps in one suite: Core, Claims, and Distribution. Core can run alone. Claims FNOL portal and Distribution website pages need Website. Bind and claim payments need Insurance account mapping in settings. Claim case reserves are analytical registers only; they do not post a balance-sheet journal in this version. Premium earning uses a simple day-count method, not a full IFRS 17 pack. Customer, agent, and FNOL portals are available when portal features are enabled.

Depends: base, mail, contacts, account, product, crm, sale_management, portal, web, base_geolocalize, calendar, pys_insurance_core, website, pys_insurance_claims, sale_crm, website_crm, pys_insurance_distribution

Changelog

19.0.1.0.0: Core: products, rating snapshots, underwriting, policy versions, premium billing, reinsurance, compliance, Command Center. Claims: FNOL, reserves, adjudication, payments, recovery, Claims Command Center. Distribution: agencies, quotes, renewals, commissions, quote form, Distribution Board, agent and policyholder portals.

Questions about Insurance Management Suite

Three Odoo apps sold as one store product: Insurance Core, Insurance Claims, and Insurance Distribution. Install Claims or Distribution to pull Core, or install Core alone for policy and billing only.

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