Many insurers still rely on spread sheets and legacy systems to manage their businesses especially in the captive market. Data often resides in multiple systems, not necessarily integrated, making work processes and procedures inefficient, time-consuming, labour intensive and error prone. The insurance market is also increasingly subject to regulation and reporting such as Solvency II (compliance by Jan 2016). The captive market has been slower than others in the insurance world to start preparing for regulatory compliance making it more urgent as the deadline approaches. Other jurisdictions are also expected to gradually introduce tighter regulations.
ccDevnet can build robust, secure, scalable systems where all an insurer’s data can reside and is easily accessible. We can help you improve organizational efficiency, productivity and comply with regulations.
The key benefits of ccDevnet insurance solutions include:
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Improved risk management |
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placeholer |
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Regulation, compliance and reporting |
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Legacy system replacement |
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Improved customer acquisition and retention |
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New product and service development |
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Mobile apps for marketing, sales and customer services |
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Better business management |
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Reduced operating costs |
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Systems integration |
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Reliable, scalable and ultra-secure systems |
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Contact us now to learn more.
