- Build versatile and generic APIs tailored for life and non-life insurance products.
- Creating a dedicated affinity solutions or crafting a bespoke API just for you, VISoF delivers ready-made solutions.
- Manage and upgrade existing APIs to match dynamic business demand, improving UI and UX with effective management and upgrades.
Crucial Facets of VISoF Insurance Company Platform
Our robust suite of services ensures seamless integration, empowering you to effortlessly manage the entirety of your insurance sector needs through our sophisticated software solutions. These encompass
- Combine and link different elements within insurance company’s core systems.
- Our advanced Model Master efficiently facilitates the precise mapping and real-time processing of diverse insurance products within the IC Core.
- Seamlessly unify policy administration, claims processing and various activities into a cohesive and interconnected ecosystem.
- Faster Quotes, Endorsements, Cancellations, Claims.
- Easy deviations/NSTP management.
- Digitize the entire policy administration right from fetching quotes to seamlessly managing policies and claim build a tailored portal that caters to all your unique needs.
- Seamless integration of OPS, underwriters, TPAs, POSPs, MISPs, ISPs, SPs and DPs and more in portal with predefined roles, responsibilities and access.
- Establish a seamless customer portal for B2C and B2B2B2C retail products distribution.
- Single Page Applications for sophisticated customer purchase.
- Enhanced customer experience with latest UI and UX Controls.
- Generative-AI enabled Chatbot, voice based assistant deployments.
- Set customized templates and validation rules to ensure accurate data entry and error handling.
- Seamless integration capabilities allow transfer of data across systems with data consistency and accessibility.
- Streamline processes with seamless workflow automation, dynamic fields, and multi-channel capture create adaptable forms that boost efficiency and elevate user experience.
- Built-in tools for generating Descriptive Analysis, Customer Intelligence Tools, Risk Analytics and much more.
- Our Real-Time Analytics will create essential reports like hourly trend of business, number of policies issued segment-wise, etc. which can be further drilled down as per the requirements.
- Get Business Intelligence (BI) Reports aiding you in informed decision-making and identifying trends.
- Integrated Accounting, and Financial Analytical Systems.
- Handle every aspect—from quoting and lead management to policy issuance, claims processing, Endorsement, Cancellation and policy renewal—within the portal digitally.
- Efficiently compute Earned Premium, Claim Loss Ratio, and other key metrics using dedicated dashboards.
- Enable integration with SOS services, implement dedicated single-page applications, facilitate 64VB upload, and integrate with SMS/WhatsApp and e-KYC for added sophistication.
- Implementing end-to-end encryption for data transmission and storage within the cloud.
- Constant monitoring for security threats and prompt installation of software updates and patches.
- Ensuring that APIs used for integrations are secure through authentication, authorization, and encryption.
- Complete overhaul of portal/API as per the regulatory changes of IRDAI within no time.
- Regular VAPT, report Logs,AML guideline compliance.
- Adherence to industry standards allows for seamless compliance management.
- Enable effective complaint registration, escalation, and resolution of customer grievances in compliance with IRDAI regulations.