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Outsource Policy Management Services

POLICY MANAGEMENT SERVICES

The challenges that insurers face include finding unique ways to retain brokers and customers; taking advantage, in an agile market, of new distribution challenges; and not increasing premiums while reducing costs. Many carriers find it difficult to create and distribute new offerings, benefit from new distribution and communication channels and manage costs because of the legacy IT systems that they have. Their bottom lines and top lines are both affected on account of that.

Cogneesol covers a broad range of insurance classes through the comprehensive policy management services that we provide.

We help customers save money and time through the delivery of end-to-end solutions that are quite simple because we have gained expertise and experience by serving the global market for several years.

You can concentrate on creating value for your organization through tasks such as pricing, management, actuarial activity, underwriting and strategy, while we establish a solid platform and remove the processing burden for you.

An Overview of Our Policy Management Services:

  • History of policy accounting - see all the operations carried out on the policy
  • Licensing and resource management
  • See policies set for cancellation
  • Preparation of quotes
  • Endorsement, rewriting, renewal, reinstatement and cancellation of policies
  • Exchange of data
  • Requests for loss runs
  • Checking of policies
  • Generation of proposals

Value for Business:

  • Launch of new products in the market through a reduced life cycle
  • Easily configurable policy management system that is future proof
  • Easy understanding of evolving customer needs through a decision support system that is effective
  • Flexible and scalable apps for future requirements
  • Lowered cost of maintenance and more asset utilization for increased efficiency of operations
  • Utilization of our global experience for better IT-business alignment
  • I want to take a minute to convey my heartfelt gratitude for all the efforts put forth by the team of Cogneesol. They quickly understood our workflow, adapted to our requirements and performed outstandingly.

    • A Fortune 500 Tech Company
  • I am very pleased with Cogneesol's handling of the ticketing procedure. They are super fast in creating cases when new emails arrive and accuracy is just right despite the minimal training we offered. They are rock stars!

    • Tech Startup Company based in Australia
  • We are really thankful to the entire team of Cogneesol. They've helped us reach our customers in a meaningful way. We would love to work with them again in the future.

    • A Leading Telecommunications Provider
See all
  • I want to take a minute to convey my heartfelt gratitude for all the efforts put forth by the team of Cogneesol. They quickly understood our workflow, adapted to our requirements and performed outstandingly.

    • A Fortune 500 Tech Company
  • I am very pleased with Cogneesol's handling of the ticketing procedure. They are super fast in creating cases when new emails arrive and accuracy is just right despite the minimal training we offered. They are rock stars!

    • Tech Startup Company based in Australia
  • We are really thankful to the entire team of Cogneesol. They've helped us reach our customers in a meaningful way. We would love to work with them again in the future.

    • A Leading Telecommunications Provider
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