SohamLife logo

SohamLife

by Dream Tekis Software · Since 2006
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorDream Tekis Software
Year launched2006
StatusActive
Location#83, 4th Floor, Shanmukh Empire, , Madhapur, Hyderabad, Telangana 500081, IN
Countries servedGlobal
Languages12
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About SohamLife

SohamLife is an insurance software designed to streamline and simplify the insurance process for businesses.

SohamLife is an insurance management software system designed to help insurance companies and agencies handle their life insurance business more efficiently through a digital platform. The system centralizes key functions such as policy administration, customer data management, premium tracking, claims processing, and reporting, providing a unified environment where teams can access and manage critical information without relying on manual paperwork or disconnected spreadsheets. By automating routine tasks—from issuing new policies and calculating premiums to tracking renewals and generating necessary reports—SohamLife helps organisations reduce administrative workload and improve accuracy across daily operations. One of the strengths of the platform is its ability to maintain a complete record of customer interactions and policy histories, making it easier for agents and administrators to serve clients, answer questions, and identify opportunities for cross‑selling or renewals. The system also includes tools for performance analysis and reporting that allow management to monitor key business metrics and make more informed decisions about growth and resource allocation.

Pros & Cons

Pros
  • Brings together customer, policy, claims and billing data in one platform.
  • Helps reduce paper‑based processes and manual calculations.
  • Renewal alerts help minimise lapsed policies.
  • Agent and sales tracking supports performance monitoring.
  • Reporting tools assist in business oversight and planning.
Cons
  • May lack advanced automation features found in more modern, cloud‑native insurance platforms.
  • Pricing and specific licensing information are not clearly documented publicly.
  • Customisation options may be limited without technical support.
  • User interface and modern user experience may be basic compared with current market solutions.
  • Integration with external systems (payment gateways, CRM, third‑party data) may require additional development.

Features

Key features

Policy Administration

Manages the full lifecycle of insurance policies including creation, renewal, endorsement and cancellation.

Client Database Management

Stores and organizes customer information, contact details, and policy history in a centralised system.

Premium Calculation & Billing

Automates premium computation and supports billing schedules, installments and payment tracking.

Claims Management

Handles recording, processing and tracking of claims from submission through settlement.

Reporting & Documentation

Generates business reports and insurance documents such as proposals, policy contracts and invoices.

Additional features

Agent & Sales Support

Tools for tracking agent performance, commissions and sales activities.

Renewal Alerts & Reminders

Notifies users of upcoming renewals and critical policy events.

Document Storage

Maintains digital copies of policy documents, correspondence and client records.

User Role & Access Control

Lets administrators assign different access levels and permissions.

Dashboard & Analytics

Provides basic insights into business performance, sales figures and operational metrics.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
12
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanDutchItalianPortugueseRussianChineseJapaneseKoreanArabic

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇮🇳INR

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