P&C Insurance Services
In a perpetually disrupted world, property and casualty insurers are under constant pressure to work with lean operating models, in addition to staying agile and futuristic owing to stiff competition and changing customer requirements.
At Cogneesol, we not only help P&C insurance providers to achieve the above fundamentals but also enable them to offer best-in-class solutions to their clients. Our experience in the insurance segment is more than Fifteen years now. Through these years, we have garnered wide-ranging experience in both the core aspects of the P&C business, as well as its non-core aspects such as finance and accounting, human resource, legal, etc.
Leveraging these very expertise and experience, along with cutting-edge applications and technology, Cogneesol has been a frontrunner in offering property, auto, and marine insurers industry-defining insurance outsourcing solutions. Our property and casualty insurance services bring in immediate optimization, prepare functions for future changes and make them agile for new business solutions. In addition, our support solutions enable insurers to optimize their finance operations, make their human resource teams leaner and more productive, and assist with every aspect of legal considerations.
"Cogneesol helped us reshape our insurance processes and optimize our operations, workflow, and the overall functionality for our P&C services segment."
- An Insurance Agency, Oklahoma City, OK
Our P&C Insurance Services
New Business and Underwriting Support
- Channel Support
- Quotes
- Premium Calculations
- Sales / Quotes acceptance & Conversion
- Actuarial Support
- Exposure Assessment
- Underwriting Support
- Verification / Validation
- Fulfilment
- Premium Calculation
- Follow up
- Policy Issue
- New Business Rating
Policy Administration
- Policy Changes
- Certificate Issuance and Re-issue
- Adjustments / Endorsements / Rider & Coverage Changes
- Lapses
- Renewals and Quotes
- Cancellations
- Remittance
- Reconciliations
- Refunds
- Billing
- Premium Mode Change
- Bank Changes
- Premium Audits
Claims Management
- Claim Set-up
- Investigation / examination
- Review & assessment
- Reserving
- Supplier Support
- Excess / Deductible Management
- Settlements
- 3rd Party Claims
- Bodily Injury claims
- Recoveries & Subrogation
- Fraud Checks
- Claim Finalization
- Closed Claim audit
- 3rd Party Payments
- Debt management
Legal Support
- Contracting Services
- Regulatory Research
- Compliance Support
- Counsel Support
- Paralegal Support
- Document Management
- Case Management
- Corporate Filings
- State Filings
- Subpoenas
- State Filings
- Medical Record Summarization
- Subrogation
- Analytics
Insurance Accounting
- Bookkeeping
- Investment Accounting
- Payroll Services
- Reconciliation Services
- Statutory and State Reporting and Filings
- Financial Reporting
- Management Reporting
- Group Reporting
- Accounts Payable
- Accounts Receivables
- Financial Planning and Analysis
- Reporting
Sales and Marketing
- Campaign Management
- Segmentation
- Customer Acquisition
- Retention
- Cross selling and Up Selling
- Agency Compensation
- Channel Analytics
Underwriting
- Pricing Analytics
- Broker Analytics
- Agency Analytics
- Lead Scoring
- Geospatial
- Predictive Risk Scoring
- Conversion Analytics
- Credit Control Optimisation
- Renewal Propensity Analysis
- Retention Rate Analysis
- ROI Trend
Claims
- Fraud Management
- Expense Management
- Supply Chain Analytics
- Subrogation
- Reserving
- Claims Predictive Modelling
Pricing
- Loss Modelling
- Competitor Analysis
- Pricing Analytics
Operations
- Resource Planning
- Staff Optimisation
- Forecasting
- KPI Analytics
BI and Visualisation
- Data Governance Strategy
- Development
- Self Service Reporting Services
- SQL Server Integration Services ( SSIS)
- SQL Server Analysis Services (SSAS)
- ETL (OLAP & OLTP)
- Insight Generation
- CXO Reporting Services
- Reporting Rationalisation
- Root Cause Analysis
- Plan/actual Comparison
Every Business is Unique. Find Out How We Can Help Yours.
Contact UsOur Key Differentiators
Deep-Domain Expertise
Cogneesol’s insurance vertical has been its flagship offering. For more than Fifteen years, our teams have been servicing P&C insurance clients from around the globe thereby building a deep understanding of the domain- and region-specific regulations
Large Insurance Team
Owing to our large employee base in the insurance vertical, we are in a constant state of readiness to deploy qualified and experienced teams for new accounts. This helps clients with the faster achievement of their optimization goals
Global Clientele
Our clients in the P&C insurance segment are widely scattered across the North Americas, Europe, and Asia. This gives us a deep understanding of the dynamics of different world markets and enables us to offer bespoke solutions to our clients
Value Across Cost and Quality
Cogneesol’s mantra is to foster long-lasting client relationships with the highest quality services at reasonable rates. We believe in growing with our clients. Accordingly, our rates are the most competitive even as there is no compromise on quality
Swift Transition and Deployment
Our project management comprise professionals with specialization in swift due diligence, knowledge transfer, and business-as-usual implementation. This is a cost-saver on the one hand and an enabler of faster process optimization on the other hand
Complete Regulatory Compliance
Our exposure to the biggest global markets gives us an edge in the matters of regulatory and statutory compliance. Our teams undergo regular training programs to stay abreast of changes and requirements, thereby managing client operations on the highest parameters of governance
Who We Serve
Motor/Auto
Liquor Liability
Logistics
Marine
Umbrella
Trucking
Surplus Lines
Aviation
Worker's Compensation
Director and Office
Error and Omission
Commercial Property
Homeowners and Belongings
Professional & General Liability
Why Cogneesol?
Because Cogneesol can help you navigate market disruptions, optimize constraints, pivot according to the new-age demands, and emerge winners. We do this every day for scores of companies. We can help you too!
Cogneesol’s suite of property and casualty insurance services is helping clients, across geographies, in their optimization goals. We help reduce operational costs and minimize losses by streamlining processes and making them lean and efficient. We help make functions profitable and competitive, enabling them to survive in diverse and changing market conditions.
Our entire gamut of policy administration and service, customer acquisition solutions, claims to handle services, new business analyses, support, underwriting and claims services, finance and accounting, and HR solutions are designed to boost client productivity and profitability.
Over Fifteen years of focused P&C insurance services, Cogneesol has worked with organizations of varying sizes to revisit their property and casualty services segment and infuse them with cost efficiencies and lucrative new prospects.
Our Resources
We help our clients navigate from where they are to where they aspire to be through our always-on learning agenda in the form of client stories and blogs highlighting latest industry trends.
Client Testimonials
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
The Cogneesol team has been working on our property and casualty insurance services for over five years now. They have streamlined our processes, helping us identify our most profitable lines. We have been able to reduce our turnaround times for customer queries, and have been able to service new customers within shorter timelines and with great ease. Cogneesol has truly helped build goodwill for us in the market.
It was in the middle of the initial days of the pandemic that Cogneesol started working on our P&C insurance services. They pivoted the team immediately, managed every aspect of client confidentiality, and ensured a well-executed knowledge transfer. Times were difficult, but they never stepped back. Instead, they came up with practical solutions to provide us the necessary services.
Our property and casualty insurance services have seen a significant upward trend owing to Cogneesol’s accurate policy administration services, claims servicing, underwriting, and new customer handling. After redefining our process and making them easier and more productive, the team now helps us with regular analyses of new customer opportunities and in expanding the portfolio of existing customers.
