Overview
The insurance market is facing a period of profound and disruptive change, especially with the digital revolution. A combination of transformational forces, from technology to regulation to commercial pressures, is changing the rules in the marketplace.
Our insurance offerings help insurers rethink their strategies to cater to these new discerning customers by renewing their analytics infrastructure using solutions such as the Riteware Information Platform (IIP) - our big-data-in-a-box package.
With industry-relevant expertise and a historical track record, our solutions enable insurers to:
- Adopt digital tools for a clearer understanding of customer specific requirements
- Help enhance processes within the industry
- Provide seamless customer experiences
With the shift of traditional insurers needs to digital insurers, there is greater scope for increased flexibility and agility, faster and more efficient back-office processing, and an overall readiness for disruptions.
Our solutions also translate into clear cost benefits. We do this through the:
- Automation of processes to make them more efficient by creating more straight-through processing (STP)
- Creation of customer self-service systems to reduce the burden on back-office operations.
What Riteware Provides:
| Business Transformation: | Customer Experience: | Operational Efficiency: |
|---|---|---|
| Salesforce-based Transformations | Digital Enterprise Consulting | Fraud and Claims Analytics |
| Underwriting Workbench Modernization | Mobility Solutions and Services | Systems Consolidation |
| Ratings and Forms Modernization | NextGen and Web Portals | Risk and Compliance Management |
| Insurance Platform | Social Media Solutions | Business Process Services |
| Closed Book Administration | Big Data and Business Analytics | Domain-led Lean ADM |
| Business Rules Extraction and Analysis | ||
| Core Systems Modernization |