As the insurance industry continues to evolve, it faces challenges from unlikely quarters – fintech companies are making rapid strides in the insurance segment; just as they are leaving a mark in the entire BFSI sector. Competition from non-traditional players continues to rise. The industry is at the cusp of a major transformation. Technology-enabled business transformation is the need of the hour to address the rapid and fundamental shift in customer habits and the demand for better service.
Software solutions assist insurance companies with policy management and administration, adhere to regulatory compliance, track policy renewals among multiple other utilities. By leveraging technology, insurance firms can deliver outstanding service while lowering costs. iTech provides Insurance CRM that helps companies manage quotes, offer efficient and round-the-clock support among others.
With our extensive industry expertise, we can help you build your company’s risk and compliance management best practices and develop standard operating procedures to ensure process standardization. Whether you are looking for consulting or insurance CRM integration, we can step in and simplify your current operating mechanisms. You can leverage our expertise to derive the following key benefits:
- Enhance customer satisfaction
- Improve regulatory compliance by customizing your reports as required by your regulator
- Maximize customer service
- Enhance profitability
- Customize the application based on your specific requirements
- Print a variety of marketing and administrative collateral