Insurance policy management system is anticipated to be a medium for the exploration and discussion of policy issues and is aimed at enhancing communication between health policy researchers, legislators, decision-makers and professionals concerned with developing, implementing and analyzing health policy. Insurance policy quotations engine is an on demand quotation management feature together with detailed profit optimization and approval management engines. With quotation engine you can automate the sales and services processes that are currently being done using a hybrid of spreadsheets, documents and emails with little to no process control. When you have completed your quotation you can use the engine to seek approvals for non-standard pricing and/or terms and conditions. Also policy renewals and policy cancellation can be managed by the outsourced insurance policy management system.