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    Insurance Services

    Insurance Services
    Idea International enables leading global insurers with business transformation, customer experience and operational efficiency needs. Our full services portfolio and unmatched track record make us a trusted advisor and partner of choice for the industry.

    Insurers continue to face a challenging environment on the account of rising operating costs, significant losses from catastrophic events, reduced demand, decreased growth in developed markets and low investment yields. The situation is compounded by the rapidly changing customer buying behavior and ever-widening regulatory landscape.

    Global insurers are making technology investments to reduce costs and improve customer retention – multi-channel integration, mobility, enterprise risk management, data analytics and business intelligence, social media, fraud detection, legacy modernization and cloud computing.
    The impact of a decade of mergers means insurers are more focused on increasing operational efficiency by investing in legacy modernization and innovation initiatives to transform their policy and claims administration systems.

    The Idea International Advantage
    With over three decades of experience enabling insurers globally and a full portfolio of service offerings, Idea International is the transformation and innovation partner of choice, supporting the entire insurance value chain.

    What Idea International Provides
    Idea International ’ insurance capabilities offer agile and innovative solutions to respond effectively to competition in new channels. We help you build a true digital enterprise through various phases, enabling improved consumer acquisition and increased sales.

    We offer the following solutions:

  • Business Transformation:
  • Salesforce-based Transformations
  • Underwriting Workbench Modernization
  • Ratings and Forms Modernization
  • Insurance Platform (Idea International BaNCS)
  • Closed Book Administration
  • Business Rules Extraction and Analysis
  • Core Systems Modernization
  • Customer Experience:
  • Digital Enterprise Consulting
  • Mobility Solutions and Services
  • NextGen and Web Portals
  • Social Media Solutions
  • Big Data and Business Analytics
  • Operational Efficiency:
  • Fraud and Claims Analytics
  • Systems Consolidation
  • Risk and Compliance Management
  • Business Process Services
  • Domain-led Lean ADM
  • Our full-services portfolio includes the following:

  • IT Services
  • Business Process Services
  • Consulting
  • Infrastructure Services
  • Assurance Services
  • Mobility Solutions and Services
  • Idea International BaNCS (Next-Gen Insurance Platform)
  • Our services include end-to-end solutions for the following lines of businesses:

  • Life and annuities
  • Reinsurance
  • Property & casualty (P&C)
  • Health insurance
  • Brokerage
  • Specialty lines

  • Business Value
    Idea International ’ Insurance Services help you lower the cost of doing business through improved productivity and simplified business processes.

     

    Clients

    who have been associated with us for Idea International

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