IT Solutions for Insurance Industry
Our integrated Insurance Technology Solutions accelerate your digital transformation by harnessing the potential of Digital Commerce, Mobility, Analytics, Big Data Cloud and Security.
We offer management, migration, integration and performance optimization services across the IT ecosystem to enable you to achieve efficient operations and deliver augmented customer experience. We enable organizations with Predictive Analytics to drive informed and data-driven decision making, mitigate risks and assist in cross-selling and up-selling.
1. Core Insurance system
In case of most enterprise legacy systems, product development cycles are long; resulting in high maintenance costs and delayed processes. Core technology systems such as Policy Administration System (PAS), which is used to execute core policy processes including rating, quoting, binding, issuing, endorsements, renewals, etc., need to be future-ready. It is very important to ensure optimum application performance for all these processes while being customer-centric and regulatory-compliant.
We possess expertise across PAS systems:
2. Database Management Services Insurance system
We provide end-to-end DBMS services to ensure 24x7 uptime, high security and optimum performance for all databases and applications.
Our DBMS services comprise of the following:
- Database Administration: We ensure round the clock administration and monitoring of the database, to tune for any performance issues and initiate a recovery in case of system crashes
- Database Designs: This requires understanding the process by gathering the information and. We carry out a detailed study of the organizational requirements and gather critical information to enable us to design the architecture or overall flow
- Security Management: We ensure complete data security at each level – from infrastructure to applications, and also the sensitive data coming out of transactions (Credit card details, Banking data, etc.)
- Database Upgradation and Migration:
We constantly evaluate your database and ensure that you ‘stay on current’, through efficient upgrades and patch management or enable seamless migration from one technology to another.
With extensive industry experience and digital expertise, we are well-poised to deliver a superlative experience for internal and external stakeholders through all new age digital enablers – mobile, websites & portals, Chatbots, etc. With our digital services, we empower enterprises to contextually target prospects and customers, optimize processes, and engage them with an immersive digital experience to achieve brand loyalty.
Our key Digital offerings include:
4. Data Consolidation & Analytics (BI):
- Mobility Solutions – Applications, mobile-first websites, interactive tools, etc.
- Web & portals – Oracle WebCenter, Oracle CECS, etc.
- Chatbots – Oracle Bots Platform, RASA, Microsoft Bots Framework, Dialogflow, etc.
For a data or information-driven business like insurance, data consolidation and analysis plays a pivotal role in optimizing operations.
We offer Business Intelligence expertise across applications which include the following:
- SAP - BusinessObjects
- Oracle BI: OBIEA, OBIEE, Discoverer
- Microsoft BI: SSIS, SSRS, SSAS
We offer intelligent data consolidation and analysis services to integrate and better manage enterprise data. With BI, to empower your business to leverage the large enterprise data pool, derive business-critical insights, mitigate risks, anticipate business trends and make informed decisions.