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  • Latest
    • 4.80.00 - MSQL Aurora & ElastiCache
    • 4.78.00 - New Affordability Assessment tool
    • 4.77.00 - Default Payday and Tracking Modification
  • 4.76.00 - Email Notification Routing in Company Setup
  • Past updates
    • 4.74.6 - Evaluation Rights for Digital Bank Statements
    • 4.74.5 - Allps Registered Mandate Payment Stream
    • 4.74.4 - Email Digital Bank Statements
    • 4.74.3 - Asset Register
    • 4.74.2 - Payroll Module Enhancements
    • 4.74.1 - Variable Amplifin Promissory Note Client Fee Percentage
    • 4.73.17 - Promissory Note Signature Capture
    • 4.73.16 - Evaluation Previous Signature Comparison
    • 4.73.15 - Share and Export Commission Payout Loans Table
    • 4.73.14 - Section 129 Notice Improvements
    • 4.73.13 - Setup - Additional New Loan Restrictions
    • 4.73.12 - Minimum Expense Values for Categories
    • 4.73.11 - Credit Check Approved dispute reasons - Catgeory Setup
    • 4.73.10 - Addititonal Client Hold Statuses
    • 4.73.9 - Late Settlement Fees
    • 4.73.8- Enhanced Role-Based Access Control for Advanced Reporting
    • 4.73.7 -Dynamic Login Audit Log Management
    • 4.72.06 - FIC Compliance Updates
    • 4.72.05 - Report Synchronization via Google Sheets™️
    • 4.72.04 - Bad Debt Reporting Filters
    • 4.73.02 - Email Bank Statement Verification
    • 4.73.01 - Refund Via Amplifin™️Wallet & EFT
    • 4.72.01 Enhanced Groups R-US Insurance Integration
  • 4.73.61 - Automatic Inclusion of Active Installments in Bureau Accounts Expense
  • Archived updates
    • 4.72.00 -Regulation 39(2) Compliance
    • 4.71.06 - Collection Summary Feature
    • 4.71.00 - Automatic handovers and write-offs
    • 4.69.30 - Enhanced Debit Order Rights
    • 4.69.28 - Informal Income Affordability's
    • 4.69.27 - Online Web App Configuration
    • 4.69.26 - Company Logo on Contracts
    • 4.69.25 - CC Email Routing
    • 4.69.24 Reporting Module - Manual DB Synchronize
    • 4.69.23 - Report Designer Model Descriptions
    • 4.69.22 - Summarized Management Report
    • 4.69.21 - Starred Reports
    • 4.69.20 - Finch Technologies Account Verification
    • 4.69.19 - Relational Evaluation Rights
    • 4.69.18 - Email Verification Services
    • 4.69.17 - Copy Standard Reports and Creating New SQL reports under Custom Reports
    • 4.69.16 - Automated Amplifin Diagnostics
    • 4.69.15 - Quick Assign and Follow Up for Collection Tickets
    • 4.69.14 - Additional Cancellation Options
    • 4.69.12 - Consumer Dispute Contracts and Settlement Letters
    • 4.69.11 - Multiple Insurance Policies, Compulsory credit life
    • 4.69.10 - Opt out of Marketing SMS's and Affordability Visibility limitations
    • 4.69.9 - Custom Reports and Report Based SMS's
    • 4.69.8 - Insurance Improvements and Call Support Functionality
    • 4.66.7 Debit Order Splitting and Discount Rules
    • 4.69.29 - Voluntary Insurance and Credit Life Split
    • 4.69.31 - Profit and Loss Report
    • 4.71.01 - Future Payout Date
    • 4.71.02 - Allps POS Receipts
    • 4.71.03 - Additional Login Security Features
    • 4.71.05 - Allps Wallet Payment Confirmation Documents
    • 4.71.07 - Custom Informal Occupations
  • 4.69.13 - Electronic Bank Statements
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  1. Past updates

4.72.01 Enhanced Groups R-US Insurance Integration

August 2024

Previous4.73.01 - Refund Via Amplifin™️Wallet & EFTNext4.73.61 - Automatic Inclusion of Active Installments in Bureau Accounts Expense

Last updated 9 months ago

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We're excited to announce the enhanced integration of Groups R US insurance premium calculations directly into the loan origination process. These enhancements eliminate the risk of generating loan agreements or promissory notes without the corresponding insurance premiums.

Unlike the previous process where insurance premiums were added during the payout workflow, the updated method adds the insurance premium within the origination process.

When selecting the loan product, ensure optional insurance is included as outlined below.

Mobiloan will calculate and display the corresponding monthly insurance premium. To proceed, please acknowledge the insurance terms by checking the provided box.

Once confirmed, the premium is automatically calculated and incorporated into the monthly repayment schedule, providing a clear overview of the client's total cost.


To summarize, the key benefits of this feature include:

  1. Time saving - No longer reliant on external servers and internet connectivity to retrieve premium amounts.

  2. Affordability Accuracy - By calculating premiums upfront, the client's surplus is more accurately reflected after deducting insurance premiums

  3. Enhanced user experience - Seamless insurance integration simplifies the loan application process.

For detailed information on how the insurance workflow integrates within the loan origination workflow, please refer to the following link

New Loan | User Guide
Origination Step 5 - Product Selection
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