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
Functional Overview Diagram
Business Challenges
- Longer lead time & high cost to launch new contest
- Significant manual computations due to system limitations
- Limited and delayed information sharing with advisors, thus reducing impact of contests
Business Drivers
- Reduce contest administration cost
- Improve dynamism in launching contest
- Share results regularly to influence better outcomes
- Measure overall contest effectiveness, learn and kaizen
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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