Insurance
The insurance industry globally is facing the challenges of de-regulation, complying with new regulations, consolidation, high customer orientation as well as increased competition from financial services providers. There is also an increased demand for cutting edge services and enriched customer experiences at a significantly lower cost. These challenges are pushing insurance companies to continuously upgrade their performance with reduced cost and risks, transform distribution channels, address security and privacy concerns to provide a strategic advantage and competitive edge.
SRA has in-depth understanding of the insurance business both in the life and non-life sectors.It provides both niche and end-to-end solutions that address a client's business and technology needs at the strategic and operational levels.
SRA brings deep expertise in all stages of the insurance life-cycle from agency management systems, underwriting, proposal and policy generation, distribution, policy administration, disbursement systems, claims and compliance to accounting and insurance aspects.
Service Areas
 |
SRA's Insurance practice offers comprehensive solutions in specific insurance segments like: |
|
Life and Annuities |
|
Health |
|
Property and Casualty |
|
Re-Insurance |
IT Solutions
SRA assists insurance companys meet industry challenges by leveraging a blend of deep domain and technology expertise in servicing global leaders in the insurance industry. The IT solutions offered by SRA for the insurance industry are:
|
Re-engineering |
|
Web enabling |
|
Application development, maintenance & support |
|
Business Intelligence and Data warehousing solutions |
|
EAI and CRM implementation & support |
|
Proprietary legacy application customization and support Products |
SRA has good experience in leading software products for the insurance business ie Transcend, LifComm, TRAC, CK4.
SRA's insurance industry solutions offer strong business advantages which reduce costs, manage risks and allow companies to respond promptly to industry challenges, upgrade their performance and enhance growth and profitability.
|
