COL Insurance Benefit Management System (IBMS) is an end-to-end solution with web-based capability for insurance and Third Party Administration (TPA) providers to manage and process insurance products anytime, anywhere. COL IBMS is designed with open platform architecture in support of integration with third party systems. As a whole, COL IBMS offers a wide spectrum of core insurance functions from product and membership management, claims processing management to billing & payment collection handling and agency & commission management.