Challenges:
Insurance industry is characterized by rapidly advancing technologies and industry consolidation. Growing pressures on margins requires the insurance firms to re-think of how to leverage the IT to their competitive advantage.
In order to succeed, companies should have the IT strategies in place that allow them to speed innovative products to market, optimize the processes for efficiency and deliver superior customer service.
Seepath Insurance Practice:
Seepath’s Insurance Practice helps clients across the wide spectrum of insurance and asset management including:
- Underwriting
- Pricing & distribution
- Claims Automation
- Policy Administration
- Actuarial modeling
The core team comprises of experienced insurance professionals, who have rich experience in delivering software solutions for large insurance companies. Many of our insurance business consultants possess industry standard certifications.
In addition to the core IT services like application development, maintenance and support, Seepath also provides specialized services in the areas of:
- Business Analytics
- Business Process consulting
- Enterprise application integration
- IT Infrastructure Optimization
Insurance
Industry de-regulation has allowed cross selling of products by banks, financial services & insurance companies. In order to attract and retain customers in a highly competitive market place, Insurance firms need to implement cutting edge technology and tools for increasing operational efficiency and reducing the TCO.
Seepath has helped Insurance companies to implement numerous technology initiatives for gaining strategic competitive advantage.