boolment_insurance

insurance

Overview

Insurance is a mechanism of protection from financial loss. A risk refers to potential for a loss-meaning it is unclear as to if and how an individual will be affected by an event. Individuals bond together to form groups that pay for losses. By forming groups, the risk is spread and no individual is fully exposed.

Objective

Improve Customer Satisfaction

  • Go out your way to help customers
  • Keep your promises and integrity
  • Build customer loyalty to increase satisfaction.

Decrease Risk

  • Identify the risk and determine how much of this risk.
  • Managing Investment Risk.
  • Proper pricing
  • Spread of risk.

To ensure speedily settlement of genuine claims and to prevent frauds.

  • Use Solid contract procedures.
  • Take a systems approach.
  • Track all types of claims against their insurance.

To bring transparency and orderly and increase effective communication with communities.

  • Appeals process
  • Follow claims payment and policies.
  • Periodic Financial disclosures.

solution

Policy Management

  • Add/Edit/Delete New Policies.
  • Distributing and Accepting Policies.
  • Tracking Policy Exceptions.
  • Reports and Dashboards.
  • Content management
  • Fast, simple access.

Financial Accounting Management

  • Accounts Payable
  • Accounts Receivable
  • Cash Flow Management
  • Fund Management
  • Purchasing Management
  • TAX Accounting
  • Bank Accounting
  • Travel Management
  • Payroll
  • Case analytics- provide key performance indicators.

Human Resource Management

  • Employee Self Services.
  • Leave Management System
  • Reimbursements management System
  • Time Management System
  • Payroll Management System
  • Shift Management System
  • Performance Management System
  • Transport Management System
  • Stationary Management System
  • Medical claim Management System
  • Transfer Management System

Customer Relationship Management.

  • Campaign Management System.
  • Customer Segmentation.
  • Lead Management
  • E-marketing.
  • Trade Promotion Management.
  • Marketing Planning and Analytics..
  • Sales Forecasting Management.
  • Incentive and commissions Management..
  • Customer Management.
  • Opportunity Management
  • Workforce Management.
  • Service Planning and Analytics.

Claim Management

  • Informed to customer before policy expiration..
  • Check Policy Details.
  • Review and Payments.
  • Renewal Policy Dashboard.

Renewal Lifecycle

  • Informed to customer before policy expiration..
  • Check Policy Details.
  • Review and Payments.
  • Renewal Policy Dashboard.