The biggest challenge facing insurers all over the world is growing customer expectations.Other most trying factors that are keeping insurers on their toes are tightening regulations and reducing profit margins.
Quosphere’s solutions for the insurance industry have brought about a complete transformation in their business performances. Our insurance domain knowledge coupled with our technical excellence has helped optimize the TCO (Total Cost of Ownership)of one of India’s top insurers.
|Executive Management||Claims||Underwriting||Operations,IT & Back Office||Marketing & Product Management||Risk Management & Compliance||Investments|
|Balanced Scorecard||Integrating underwriting & Claims||Loss Ratio Analysis||Expense Management Analysis||Customer Retention Analysis||Solvency II Complaince||Portfolio Management & Analysis|
|Product Performance Analysis||Fraud Analytics||Policy Portfolio Analysis||Financial & Management Reporting||Cross Sell and Up Sell Analysis||Actuarial Loss Triangles||Investment performance & Profitability Analysis|
|Predictive/What-If Analysis||Subrogation||Optimize Approval Process||P&L Analysis by LOB||Customer Profitability Analysis||Risk & Exposure Analysis||Investment Research Analysis|
|Processing & Fast Tracking||Resource Allocation||Fund Accounting/GL||Customer Segmentation Analysis||Credit Risk Analysis||Scenario/What-If Analysis|
|Reserve Adequacy||IT Systems & SLA Management||Marketing Campaign Analysis||Counter party Risk Analysis||AUM Analysis/NAV Analysis|