For insurers, underwriting and policy administration functions are crucial for business growth while securing it from unnecessary risks. The functions require top-notch skills in risk analysis, data crunching, and information review for an elaborate evaluation of available policies for suitable insurance coverage.
Considering that these require niche expertise and considerable time, our team of underwriting support and policy administration experts at Cogneesol specialize in optimizing underwriting functions with customized operating models that reduce costs, create capacity and add value.
With wide-ranging global experience, we offer the complete gamut of underwriting support and policy administration services including channel support, premium calculations, policy checks and validation, endorsements, renewals and quotes, reconciliations, billings, and even refunds.
Cogneesol’s underwriting and policy administration experts work toward optimizing the functions in a way that provides for efficient and productive sub-processes.
We offer a range of niche services that include premium calculations, endorsements, renewals and quotes, reconciliations, billings, refunds.
Cogneesol’s insurance vertical has been functioning since 2008. Through the years, we have had a strong global presence that gives us the experience to onboard a client and streamline its operations within the earliest timelines.
Our transition period for all engagements is one of the lowest in the industry. Our project managers are subject matter experts who design swift knowledge transfer and business-as-usual.
One of Cogneesol’s biggest value propositions is our focussed approach to optimize client functions. We achieve this through our domain expertise, global experience, and our concerted investment in people skilling and technology.
At Cogneesol, we take pride in our ability to significantly reduce clients’ operating costs in a planned and phased manner, such that they are sustainable and long-term in nature.
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We are associated with Cogneesol for close to seven years now. They joined us when we were relatively new in the market. Their biggest plus is that they offer exceptional cover, pricing, and service. From being a small start-up to a mid-sized company now, Cogneesol has been like our partner and not a vendor.
Cogneesol functions like our extended team for our underwriting function. Their support has always been adequate and swift. In the last five years of our association, we have not had any complications. Neither have they ever failed on the agreed SLAs. This certainty of commitment and delivery makes our engagement with them super valuable.
The team that works for our underwriting and policy administration services has incredible knowledge and understanding of the space. Through the years, they have been an invaluable guide, helping us make the right decisions with their exhaustive and timely analysis. Cogneesol is an exceptionally important partner for us!
Our business relationship with Cogneesl dates back to 2010! The team is extremely professional in their delivery – be it pre-committed or for adhoc requests. Their understanding of the underwriting pre-requisites is unsurpassed. This gives us great comfort and assurance. Their excellent service quality reflects in our relationship with our policyholders.
The team at Cogneesol is professional and thorough. They have the experience and expertise to underwrite and provide tailor-made policies that are most suitable for our client requirements. Because of their expert services, we have been able to expand our base of policy-holders, and grow our business’s size and scale.