A leading insurance company in Singapore has chosen C2L BIZ Solutions’ SymbioSys Distribution Management System for its distribution transformation.
A leading composite insurer, which serves over two million customers in Singapore offering life, health, and general insurance products, did an extensive evaluation of all global solution providers, to identify a solution that will help them launch new channels and partners quickly, manage complex “n” tier parallel hierarchies, unique compensation and payouts based on distributor segmentation, launch innovative contests, adapt to Balance Score Card based compensations, etc. to maintain a competitive edge over the competition.
The said Insurer will leverage SymbioSys Distribution Management’s end-to-end proposition comprising of Hierarchy Management, Performance Management, Compensation Management, Payouts, and Debt Management to get ready for the digital age.
“Distribution performance effectiveness is the key priority for insurers, particularly in changing distribution landscape. Thus for this esteemed insurer, modernizing distribution management capabilities to understand its effectiveness and continuously learning to improve, was a critical business driver” said Mangesh Vaitla, Co-Founder, Chief Sales and Marketing Officer, at C2L BIZ.
About C2L BIZ:
C2L BIZ, an Insurtech company, with state-of-the-art products focused on Digital Sales, Distribution Compensation Management, Underwriting, and Claims Management. Combining domain expertise and focus on business outcomes, we have transformed Sales and Distribution operations of over 40 Insurers across 12 countries, powered by a highly configurable, low code SymbioSys product suite. With over a decade of driving innovation, Insurance companies trust C2L BIZ to deliver technologically advanced solutions to improve competitiveness, customer, and distributor experience.
Learn more about C2L BIZ at www.c2lbiz.com