Overview

SymbioSys Contest is a one stop service for Insurers to launch innovative contests to drive sales, promote products, improve revivals, drive recruitment etc. It uniquely addresses the contest /campaign needs of all types of insurers policy contracts, esp. Life, Annuity, Pensions, P&C, Group Life & Health. It ensures all its advisers and partners are well rewarded and also measures contest effectiveness.

SymbioSys Contest has helped 14 insurers across 9 countries to drive their business with over 400 contests for 3 million+ advisors and 100+ brokers/agencies

Availability:

On Premise

On Cloud

SymbioSys Contest for Distributor Functional Component

Business Challenges

  • Time & cost to launch new contest
  • Ability to quickly launch contest on similar parameters as Insurer’s contest
  • Evaluation on consolidated business from all Insurer’s with different weightages
  • Periodic information sharing with advisors

Business Drivers

  • Reduce contest administration cost
  • Dynamism in launching contest
  • Measure contest effectiveness

Key Features

  • Configure contest based on various combinations
  • Change on-going contest parameters including awards from effective date with versioning
  • Ability to define waiting period for administrative delays
  • Dry run to publish intermediate results
  • Analyze contest effectiveness
  • Contest simulation

Business Benefits

  • Drive your business goals thru innovative contests
  • Motivate advisors to drive higher results
  • Simulate and assess effectiveness before launching contest
  • Improved time to market and reduced operation cost

Case Study

Excellence is not attained in a day! Our teams have worked beyond expectations to attain in-depth knowledge and offer customized solutions to our clients and partners. We carefully analyse our reach and every strategy to stay true to the time.

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