Insurance

Insurance ERP Software in Saudi Arabia — SERP on Odoo

For insurers: policies, premiums, claims, reinsurance and IFRS 17 reporting.

Challenges it solves

• Linking the core system to accounting
• IFRS 17 requirements

Key features

• Policy and premium posting
• Claims and settlements
• Reinsurance
• Broker commissions
• Regulatory reporting

The full business cycle in SERP

1. Issue the policy
2. Bill the premium
3. Collect
4. Receive the claim
5. Settle and pay
6. Report and close

Dashboards & KPIs

• Written premium
• Loss ratio
• Outstanding claims

Saudi compliance & integrations

• ZATCA Phase 2 e-invoicing included at no extra fee
• SAMA requirements
• IFRS 9 and IFRS 17 reporting
• SIMAH credit bureau
• SADAD and banks
• Nafath and e-signature
• Hosted in Saudi Arabia, aligned with the PDPL

Frequently asked questions

Is SERP Insurance ready for ZATCA e-invoicing?

Yes. ZATCA Phase 2 (Fatoora) integration is part of every SERP activity at no extra fee.

How long does it take to go live?

A typical Insurance rollout takes 8–12 weeks, starting from a ready template database with sector workflows, reports and demo data.

Can it be adapted to my company?

Sector configuration listed in the plan is included. Integrations come from the SERP catalogue, and company-specific code changes are quoted as a separate services project.

Where is my data hosted?

On managed cloud infrastructure inside the Kingdom, with daily backups, a test environment and annual Odoo upgrades.

Request a free 15-day trial and go live with the Noptechs team.