4Sight Business Intelligence

Insure Core

Available from L&T Infotech Limited

L&T Infotech's Insure core is a BPM-based solution that centralizes and automates the key business process of the insurance workflow;such as including information collection, validation, underwriting, approvals, and policy issuance. It centralizes key business decisions and provides service-oriented readymade business rules to collaborate with existing systems in the insurance industry.

Key Features:
- Pre-built business processes that automate end-to-end insurance lifecycle
- Enables users with efficient IT-enabled business processes and decision-making capabilities
- Encompasses business processes, workflows, rules, user interfaces and integration capability across the new business process, policy and customer servicing
- Role-based business process & workflow capability with Rich UI
- BPM-based solution enables interaction between all actors seamlessly within the insurance business processes.

Business Benefits:
- Improves claim processing time by 30%
- Reduces policy issuance time by 40%
- Improves total customer experience by 15%
- Enhances quote handling capabilities
- Helps in business data analytics
- Helps reduce TCO by at least 10%
- End-to-end visibility across systems, roles and departments
- Improves utilization of IT spend effectively
- Integrates with internal & external applications easily
- Process available as service
- Reduces process implementation time by upto 60% thus, increasing go to market

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