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The insurance industry is booming the world over with most insurance companies reporting enormous growth in Gross Earned Premium and number of policies sold. However, this is also probably the most challenging time for the insurance with demanding stakeholder requirements, increased legislation and strict government regulation in many countries.
Capital adequacy, performance, cash generation, and risk management are critical to the financial position of an insurer. This data must be accurate and available on-demand to ensure timely action and fulfillment of statutory reporting requirements.
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CUBOT InTouch is a pre-verticalized solution for the Insurance industry which contains pre-defined KPIs corresponding to industry best standards. CUBOT can be deployed in any insurance company in a matter of weeks giving you that crucial edge over your competition.
CUBOT InTouch can help your insurance business you to:
- Achieve underwriting excellence
- Reduce overheads
- Reduce claims leakages
- Gain better insight into agent performance and identify best performers.
- Gain better insight into product performance and identify best products by geography, demography, channels etc.
- Analyze channel performance.
- Develop tailored and targeted products and services
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| "Robust Designs did a great job in providing a simple solution to a very complex problem. I no longer need a team of 20 analysts to shuffle 350 spreadsheets to provide my business managers with Underwriting Profit or Product Line Net Profit; they pull it out of CUBOT when they need it - in seconds! Our ability to take operational and executive decisions has been enhanced by orders of magnitude." |
– - Mr. Prateek Jain, Business Intelligence Division,
ICICI Lombard |
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