Policy Administration and Servicing
Improve customer experience and retention by streamlining end-to-end policy-related service request processes.
Request DemoDownload BrochurePolicy Administration and Servicing Software
Improve service levels by automating the customer service request lifecycle for financial and non-financial requests. Enable interactive policy servicing and define complex calculation rules for payment and revival requests. Facilitate omnichannel request initiation and automatic allocation of cases based on the request type.
Parallel Processing
- Parallel processing to manage complex scenarios where multiple requests get initiated from individual customers
- Reduced turnaround time for policy processing and servicing
Auto-Ingestion of Policy Details
- Seamless integration with policy administration system to auto-fetch policy-related details
- Reduced manual efforts for finding and locating relevant fields required for policy endorsement
Automatic Case Classification
- Rule-based algorithms for straight-through processing of low complexity endorsements and policy-related service requests
- Automatic flagging and assignment of non-straight through cases to the underwriter
Policy Servicing Compliance
- Traceability of requests and corresponding documents through automated reminders and escalations to ensure compliance
- Audit logs, quality checking, and discrepancy resolution across forms, transactions, and processes
Personalized Customer Communications
- Template-based document generation through the customer communication management platform
- Faster, effective, and contextual customer communications, such as renewal notices, endorsement letters, etc.
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