Insurance Industries
Gobal de-regulation of industry has allowed cross selling of products by banks,
financial services & insurance companies. This has increased the competition for
customer retention and new customer acquisition prompting the companies to search
for leading edge technology and tools for increasing efficiency, managing the complexity
of operations effectively and reducing the total cost of ownership. Insurance companies
are undertaking numerous technology initiatives for gaining strategic competitive
advantage.
Technology initiatives, undertaken by insurance companies, are aiming at fulfilling
ever-increasing business challenges including business process cycle time reduction,
customer retention and increase in satisfaction, reduce over all operational cost,
personalize solutions, detection of fraudulent claims, enabling straight through
processing by integrating customers, agents, brokers, third party service providers.
Our Key Features
- New Business and Underwriting
- Policy Administration
- Claims Administration
- Agent and Broker Management
- Vendor and Service Provider Management
- Front office and Workflow
- Enterprise Content management
- Business rule implementation
- Management Information System