The Challenge
The customer had an extensive partner network of more than 50,000 people in over 800 offices worldwide. The customer was seeking to develop an insurance solution to manage its distribution network efficiently. Policy issuance was offline and manual. The end customers had to manually fill out forms that was time consuming. These challenges brought in a need of robust digital partner portal to streamline operations.
The Solution- Insurance Solution for Distribution
iNube decided to leverage its existing flagship product AVO Intermediary Portal to meet customer requirements. The robust portal enabled policy issuance for retail and group products and took off load from the core insurance system.
Key functional modules included:
- Product configuration including master policy
- Streamlined sales flow from quotation – proposal generation – policy issuance
- Underwriting deviation workflow
- Policy servicing
