Costs often go out of control for carriers due to inordinately long lead times for underwriting. Because of that, underwriters are busy with correcting discrepancies in submitted applications rather than getting new business quickly on the books. They spend valuable time in recollecting data from applicants or agents.
Cogneesol helps its clients improve their new business operations, through a distinctive approach for underwriting and new business, based on our commitment to excellence in processes. We assist companies with solutions for business processes including services for underwriting support, the gathering of requirements, policy management, data entry, and indexing and imaging of applications.
The team of Cogneesol has the right experience and skills in place to provide you with top-notch underwriting and other back-office services.
Having an in-house back-office team for your new business can prove to be costly; outsourcing gives you a higher work output at the minimum price.
We assure you of 100% accuracy in our data entry, verification, and other services as we truly understand what a single mistake can cost a new business.
By outsourcing your back-office tasks of new insurance business, you not only get to save on costs alone but on time and infrastructure as well.
When you will be able to save on costs and time, you can utilize the same for devising strategies for business growth, scalability, and customer service.
Our support team is available round-the-clock for you, looking into and addressing your queries related to your projects and our new business insurance outsourcing services.
When we started off with our property insurance business unit, we assigned Cogneesol to undertake its back-office operations including data entry services, policy checking, verification processes etc. This turned out to be a wise decision since the team provided us with all the backend support even as we concentrated in establishing the business. Thank you Cogneesol!
Cogneesol’s team are experts at every software and systems. They have been optimizing our data-entry system by working on all its features. This has ensured 100% automation of the application process. It helps when a new business gets such expert support. Our process efficiencies are drawing in more customers.
Team Cogneesol has been working on our U.S. operations for good many years. When we decided to step into the U.K. market, they were our front bearers in the new market strategy. They established the application and policy issuance procedures and helped us gain entry into the market that already had huge players. Thank you, Team!