Functional Overview Diagram
- Reaching out to distributors in remote areas
- Launching products based on the target customer segment
- Communicating in customer’s preferred language
- Enabling quick claims settlement with fraud control
- Simplifying operational processes with straight through processing (STP)
- Collecting acceptable documentary evidences & proofs
- Unique insurance product (group based / individual) for low cost / high volume Insurance Business
- Irregular and low-income customers
- Remote location distribution through affinity groups
- Decentralized Operations (Last mile collections and payments, Fraud Propensity)
- Need for protection against diverse risk
- Claim process is perceived arduous
- Simplified Processes
- Ease of Communication
- Leverage Empowered Partners
- Seamless Integration
- Sustainable Model
- Reduced operations cost resulting in improved bottom line and sustainability
- Improved customer retention through target segment specific products, flexible payment methods and effective communication
- Improved top line through empowered distributors and target segment specific products across the system
- Rationalized opportunity cost by freeing up the capacity for urban business on existing systems
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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