Our Expertise
Innovative Technology Platforms for a Digitally Enabled Sales and Service Process
IGI's innovation driven digital platforms have contributed towards technological advancement and betterment of distribution models in the Insurance Industry. The advent of integrated tech solutions has resulted in a radical transformation of business practices across all segments in the Insurance Industry.
Priority Development Areas in Insure-Tech
Automation and Integration has opened up the insurance market enabling it to cater to a vast section of potential clients who were difficult to access directly and had mainly stuck with more established brands and players in the market. Technology has served insurance to prospective clients right up on the platter through intelligent rules based pricing, data analytics, dynamic workflow and on-spot quotations. It has eliminated unnecessary delays, errors and potential loss in business prospects.
The key technology interventions in the Insurance domain are:
- Intelligent analytics for dynamic risk assessment and customized quotations
- Multichannel portals for customers and insurance brokers
- Automated and Integrated processes enabling agents and underwriters to work in mutual collaboration
- Digital portals enabling data collection, verification and sale of policies within minutes
- Assisted decision making models to enable underwriters focus on growth of sales and customer retention rather than documentation verification and risk assessment
Artificial Intelligence, Data Analytics and Smart Modeling has significantly transformed the insurance landscape and improved efficiency in delivery of services and claim assessment.
