LBP Insurance Brokerage Inc. (LIBI) completed its system upgrade and migration to IIBS ver3.1. The IIBS ver3.1 delivers enhanced system features and added functionalities, particularly in the area of Insurance Transaction History and Run-up, Aging of Accounts Payable, Aging of Commission, rClaims Processing and Detailed Take-up of Co-Insurance across all IIBS modules. The IIBS ver3.1 also extended the functionalities of the system to handle the COA Requirements as well as the Insurance Commission Business Operations Report. Flexible report generation tools are likewise incorporated in the new version of the IIBS. The IIBS ver3.1 upgrade and migration project contributed to LIBI’s thrust to further streamline their business processes for a speedy and effective customer service.