provided-a-unified-platform-to-digitally-enable-insurance-intermediaries-across-a-multi-channel-distribution-setup-for-policy-issuance-underwriting-claims

Intermediaries Platform for Multi-Channel Distribution

The Challenge

The customer had a multi-channel distribution model encompassing Bancassurance, Agency, Broking and Retail Direct Channels. The customer was in need of a unified and robust platform to manage all intermediaries for the insurance policy issuance, underwriting, claims processing and digitally enable them.

The Solution – Unified Platform for Intermediaries

iNube bundled two products from its stack – PolicyLive and APPsLive to create a seamless unified platform for intermediaries.

  • Solution coupled with customer’s core insurance system enabled real-time policy issuance to end customers PAN India
  • Mobility extension of PolicyLive –extended the reach to tier 2 and tier 3 cities.
  • Locally configured premium calculation logic
  • Built-in underwriting rules and workflow enabled for underwriter to login and take decision on non-STP policies
  • Other key capabilities introduced – Endorsements, Claim intimations, Agent Commission management, Agent Credit Float management etc.

 

 

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