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Insurance

Insurers today live in a highly competitive world with increased regulatory & compliance bounds with strict adherence mandates to various Industry Standards such as Solvency II, ACORD, GDV, & IRDA. Various factors driving costs and impacting bottom line for Insurers include Inefficient & Manual Processes, High Claims Leakage Cost, Lengthy Change Management & Implementation Cycles, Lack of Transparency, Very little or no Reuse, and Inability to roll out new products and services faster. This requires insurers to relook at their business processes & technology implementations. Most insurers are on a modernization drive.

By combining Technology, Business Rules, Workflow, Analytics and Optimization Technology based solutions into a homogenous service, DAASL helps insurance companies in legacy modernization initiatives and building applications that enhance the insurer’s operational efficiency & achieve process optimization.

Business Rules, Workflow & Technology Solutions

Data Capture & Data Validation Services
Personalization
Automated Quote Management System
Product Configuration
Underwriting (Eligibility, Risk Based Pricing & Rating)
Policy Admin, Endorsement & Renewal System
Claims Management
Case & Task Management
Product Enrollment
Agent Commission & Brokerage Calculation
Regulatory & Compliance
 
Business Intelligence & Reporting Services
Data Enrichment & Support Services
Customer, Demographic, Portfolio & Product MIS
Trend & Time Series Analysis Reports
Branch & Channel Level Performance Reports
Profit & Loss Reporting
Regulatory & Compliance Reporting
Automation of various Ad-hoc and Scheduled Reports
Predictive Modeling & Analytics Services
Fraud Modeling
Claim Modeling
Rating & Risk Modeling
Customer Segmentation
Up-Sell & Cross-Sell Modeling
Campaign Modeling
Optimization & Mathematical Modeling Services
Pricing Optimization
Product Configuration


 
Industries
  Banking and Financial Services
  Insurance
  Pharmaceuticals and Healthcare
  Retail
  Travel and Hospitality
  Manufacturing and Supply Chain