BillingCenter
Here are the Olos release highlights for BillingCenter. For more details, see the BillingCenter section of the InsuranceSuite Release Notes.
Cloud API for BillingCenter (version 1.14.0)
The Direct Bill Payment Plan Preview and Billing Instructions APIs set the foundation for modernizing the billing lifecycle by enabling real-time payment plan comparisons, seamless policy change billing, and flexible account-level transactions. They support digital self-service, agent empowerment, and operational efficiency.
New endpoints
The following endpoints have been added to Cloud API. If you are doing a core update,
you might want to add these endpoints to the appropriate
role.yaml files to provide authorization to users and
services as needed.
Admin API
- POST
/return-premium-plans/{returnPremiumPlanId}/change-scheme-order - GET
/return-premium-plans/{returnPremiumPlanId}/return-premium-handling-schemes - POST
/return-premium-plans/{returnPremiumPlanId}/return-premium-handling-schemes - GET
/return-premium-plans/{returnPremiumPlanId}/return-premium-handling-schemes/{returnPremiumHandlingSchemeId} - PATCH
/return-premium-plans/{returnPremiumPlanId}/return-premium-handling-schemes/{returnPremiumHandlingSchemeId} - DELETE
/return-premium-plans/{returnPremiumPlanId}/return-premium-handling-schemes/{returnPremiumHandlingSchemeId}
Billing API
- POST
/accounts/{accountId}/general-billing-instructions - POST
/accounts/{accountId}/issuance-preview - PATCH
/accounts/{accountId}/payment-instruments/{paymentInstrumentId} - GET
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/archive-summaries - GET
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/archive-summaries/{policyPeriodArchiveSummaryId} - GET
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/archive-summaries/{policyPeriodArchiveSummaryId}/policy-commission-archive-summaries - GET
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/archive-summaries/{policyPeriodArchiveSummaryId}/policy-commission-archive-summaries/{policyCommissionArchiveSummaryId} - POST
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/audits - POST
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/change-payment-plan-preview - POST
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/general-billing-instructions - POST
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/schedule-final-audit - POST
/accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/waive-final-audit - POST
/accounts/{accountId}/renewals - PATCH
/producers/{producerId}/payment-instruments/{paymentInstrumentId} - POST
/search/accounts - POST
/search/policies - POST
/search/producers
Search using Cloud API
You can now search for policies, accounts, and producers using Cloud API. The search capability offers partial string matching, case insensitivity, and a variety of searchable fields.
New billing instructions
New billing instruction types were added to support an increased number of policy transactions:
- Renewals - Create a new term for an existing policy, or create a new term for an existing policy in a policy administration system.
- Audits - You can schedule, create, or waive policy audits to ensure that the correct premium is billed for a policy period.
- Policy period general instructions - A catch-all billing instruction for policy periods.
- Account general billing instructions - A catch-all billing instruction for accounts.
Preview issuance and payment plan change
You can now preview policy issuances and payment plan changes without committing any data to the database. The preview feature allows you to see the invoice items that would be created in the case of issuance or payment plan change.
View archive summaries
You can now view information on premium and commission paid on archived policy periods.
PATCH payment instruments
You can now PATCH producer and account payment instruments.