Insurance & Asset Management Solutions Provider:
Industry: Banking, Financial Services & Insurance
Delivery Center: Europe
Industry: Banking, Financial Services & Insurance
Delivery Center: Europe
Global insurance industry leaders have granted local regional branches the autonomy to develop tailored software solutions, enabling them to seize immediate opportunities within the market. The client stands as a longstanding and highly regarded entity in the Central and Eastern European (CEE) industry.
The challenge lies in a shortage of qualified software engineers with a comprehensive understanding of the intricacies of the insurance sector. This scarcity adds pressure to swiftly enhance market presence, ensuring the attainment of regional dominance.
The demand for digital transformation is evident as the client's existing platforms fall short of meeting local needs in Central and Eastern Europe (CEE). Despite identifying promising opportunities for new insurance products, the outdated corporate software proves incapable of implementation. This highlights a critical issue, necessitating the development of a dedicated Sales Insurance platform to overcome these obstacles.
Empowering success for our client's platform involved a strategic suite of services:
The development of the modern Agent & Broker Sales Platform marked a transformative phase, with the introduction of new insurance products and additional features that enriched the functionality of the sales platform. The implementation of a novel Claims management application further strengthened our suite of offerings. Robust reporting and analytics for sales activities provided valuable insights, enhancing decision-making processes. Additionally, the creation of a new eLearning platform tailored for agents showcased our commitment to continuous improvement. The impact metrics speak volumes: Policies created witnessed a remarkable surge of 63%, demonstrating the platform's effectiveness, while the introduction of new insurance products recorded a substantial 41% increase, highlighting the success of our strategic initiatives in the insurance domain.
Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
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Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
Follow Us: