ABSTRACT
The main purpose of the project is to design a software for insurance institutions. It studies the operations and concept of insurance companies. Insurance as a vital discipline, in the society deals with different security, policies and has a diverse relationship with other professional fields.
This project has been specially written and presented in a concise manger to cover the necessary back-ground information; to satisfy the needs of insurance institutions. It researched into the fundamental job operation of insurance, the data requirements, data manipulation, process on data, data requirements, data, data storage and retrieval, method of report generation are carefully analyzed and detailed findings are made a new computerized system are designed and implemented, the computerized system reduced the difficulties experienced in the old manual system. It is easier timely, more reliable and efficient in workflow.
TABLE OF CONTENTS
TITLE PAGE
APPROVAL
PAGE
DEDICATION
ACKNOWLEDGEMETN
ABSTRACT
TABLE
OF CONTENTS.
CHAPTER
ONE
INTRODUCTION
STATEMENT
OF THE PROBLEMS
PURPOSE
OF THE STUDY
AIMS
AND OBJECTIVES
DELIMITATIONS
LIMITATIONS
TO THE STUDY
DEFINITION
OF TERMS
CHAPTER
TWO
REVIEW
OF RELATED LTERATURE
CHAPTER
THREE
DESCRIPTION
AND ANALYSIS OF THE EXISTING SYSTEM FACT FINDING METHODS USED
ORGANIZATIONAL
STRUCTURE OF THE CASE STUDY
OBJECTIVES
OF THE EXISTING SYSTEM
INPUT
ANALYSIS
OUTPUT
PROCESS ANALYSIS
INFORMATION
FLOW DIAGRAM
PROBLEMS
OF THE EXISTING SYSTEM
JUSTIFICATION
FOR THE NEW SYSTEM
CHAPTER
FOUR
DESIGN
OF THE NEW SYSTEM
INPUT
SPECIFICATIONS AND DESIGN
JUSTIFICATION
FOR THE NEW SYSTEM
CHAPTER
FOUR
DESIGN
OF THE NEW SYSTEM
INPUT
SPECIFICIATIONS AND DESIGN
OUTPUT
SPECIFICATIONS AND DESIGN
FILE
DESIGN
PROCEDURE
CHART
SYSTEM FLOWCHART
SYSTEM
REQUIREMENTS
CHAPTER
FIVE
IMPLEMENTATION
PROGRAM
DESIGN
PROGRAM
FLOWCHARTS
SOURCE
PROGRAM
TEST
RUN
CHAPTER
SIX
DOCUMENTATION
CHAPTER
SEVEN
RECOMMENDATION
REFERENCES.
CHAPTER ONE
INTRODUCTION
The purpose
of insurance is to provide end with greater financial security. We run risk
everyday either by accident or loss of valuable property. One of the biggest
risk people take is driving a car. There are newspaper, radio and
television reports about automobile
accidents. There is energy need to handle such risk. Automobile insurance
handles it all.
Automobile
insurance creates for one to share ones losses with here who have the same
risk. In this economic risk and shared most effectively when many people are
involved. Automobile insurance possible loss among large number of people and
sharing the lost among many people reduces financial loss.
Automobile
insurance companies are big business both terms of sales and employment as it
contributes to our economic system by offering many services as well as jobs.
It protects all kinds of perils and is available for all kinds of life,
properly and health protection, decision making and right insurance plan and
policy are important tasks to the automobile making.
As in
banking, automobile insurance companies have statistical accounting,
requirements and need for vast amount of data storage and information
transmission. Over the years, manual methods have been employed in their
business operations and activities. A lot of problems is associated with manual
methods of data processing and storage, it has had to insurance untimely and
unreliable information and report generation. The project researched into how
the varying business operations and increasing range of activities of
automobile insurance companies are well suited to computer applications.
Computers
can be widely employed in the wide range of their business activities including
billing, collection, underwriting and claims transcribing, premium payments,
assembling records and policy value to yield accurate and reliable information.
STATEMENT OF THE PROBLEM
Computerization of automobile insurance schemes and policies
has not been and easy task and therefore a problem. There is need to get rid of
it and find a solution to it.
The major concern of this study is to eradicate and take care
of the problems encountered by automobile insurance companies.
Handle their wide range and complicated activities of
underwriting and accounts processing.
Modify the existing method of carrying out automobile
insurance plans and polices.
The impacts of software designed
Solve the
problems completely.
PURPOSE
OF THE STUDY
To determine
the capabilities of computer. To expose to people the implication of the
software designed. To help for easy calculation and processing of underwriting
and accounts processing of insurance policies.
To help for easy storage and reference of insurance policies for decision making.