Insurance Solutions
We, Binary Semantics has over the years, delivered several valuable insurance solutions to our clients. In line with our business philosophy of constantly evolving our software applications, we now have inched forward with enhanced insurance solutions.
Insurance is a vast industry and is ever growing. Whether it is our business clients or general public, insurance is one subject matter common to all. No matter whether it is an insurance company or the end customer, everyone looks forward to a user friendly tech solution that of course, promises a smooth experience. It is for this reason that we have carved out feasible solutions to serve mission-critical business objectives. We offer tailor-made applications, hence it is imperative to mention that our applications are designed keeping your business viability in mind.
It goes without saying that today’s industry is driven by two factors namely competition and innovation. Every company has to outwit its competitor in order to remain in business and the best way to do that is to stride ahead with a new innovative product every now and then. Understanding the ever challenging business landscape and emerging requirements of insurance companies, we have developed the following insurance solutions:
Since its beginning, VISoF continues to mark its presence for its concrete insurance solutions that servers the Automotive OEMs. Leading automobile giants in the country use our flagship product, which continues to enhance the process of issuing motor insurance policies to their customers.
Salient features underlined in VISoF include:
- Policy Issuance Management
- Policy Renewal Administration
- Endorsement
- Insurance Claims
- Financial and Non-Financial Endorsements
- Accounting
- End-to-End Management System
This application overall facilitates:
- Channel Partners
- Insurance Agencies
- Customer Interface
- Core Automobile Insurance Business Processes
Retail Insurance Solution is targeted at the non-life segment Insurance Companies and Large Scale Agents/Brokers/Aggregators with ever increasing customer base. We aim at developing user-friendly insurance business applications that simplifies the overall process of insurance policy issuance, claim, renewal etc. between the company and end customer. Dealing in the non-life segment this insurance application covers three insurances under its gambit that include:
- Health Insurance
- Motor Insurance
- Travel Insurance
We understand your needs better hence are committed to deliver solutions that target your challenge areas as well as that of your customers. Our solutions:
- Offer a smooth and hassle free experience
- Provide effortless navigation
- Reduce the endless form filling sessions to a systematic one
- Help organize customer claims management better
- Allow you to multi-task
- Dedicated team of proficient technology specialists
- Stringent about software product quality
- Committed towards timely delivery of products
- Follow step-by-step approach
- Consider your opinion at every stage of product development
- Curious to learn and consistently evolve advanced versions
- Open to suggestions and feedback
- Valuable expertise gained from years of experience
VISoF (Vehicle Insurance Solution Framework) is one of the prominent business applications for Automotive OEMs. Our clients have been using this solution for years and hence trust our value offering to enhance their business performance. Stepping ahead, we have also developed advanced Retail Insurance Solution that caters to insurance companies operating in non-life segment.
Further Reading
Binary Semantics has developed an auto insurance application for Japanese car manufacturer; One of the leading manufacturers of premium cars in India. From IT stand point the challenge was not only to cater the needs of the client but also to help the partners in generating revenue from the business model by building features that enable them to manage and control the business at ease.
