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Insurance

iSafe's solutions full suite of consulting services coupled with a fully integrated enterprise content management platform, insurance companies can better manage content and business processes and connect with applications and existing systems throughout the enterprise. Isafe's imaging and technology solutions help insurance companies:
  • Automate complex core business processes such as underwriting, policyholder servicing, claims processing, and policy issuance
  • Transform and streamline processes via Business Process Management (BPM) to eliminate redundant procedures, improve accuracy, identify bottlenecks, balance employee workloads, and provide comprehensive business analytics
  • Use content aware processes and consistent control of business information to support compliance efforts
  • Support new product initiatives and improve new customer acquisitions and channel efficiency
  • Modernize existing system environments

Property and Casualty

Property and casualty insurance companies face many external challenges, such as increasing competitive pressures, industry consolidation and internal pressures, such as maximizing profitability, expanding distribution channels and meeting service expectations of agents and customers alike.

iSafe's imaging and technology solutions  help reduce the amount of time required to underwrite applications by 25% to 45%, saving both time and money. For claims, property and casualty companies have realized a 25% to 30% reduction in the time required to process each portion of a claim and are able to take advantage of redeploying employees to perform more value-added work within the company. iSafe's solutions  can help property and casualty companies:

  • Automate complex core business processes, such as underwriting, policyholder servicing, claims processing and policy issuance
  • Transform and streamline processes for increased speed and improved accuracy
  • Efficiently use and share content for more effective decision making
  • Achieve compliance with regulatory requirements
  • Provide visibility to support compliance efforts
  • Support new product initiatives to take advantage of market opportunities
 		   

Health Insurance

 

Health insurance companies continue to struggle with a variety of market forces, including escalating health care costs, industry consolidation and regulatory requirements. Surviving in today's competitive arena requires not only innovation but also process refinement. Content, process and compliance apply to every business decision made within your health insurance company, such as those involving underwriting, member enrollment, provider services, online and call center member inquiries and claims processing.

iSafe's imaging and technology solutions provide a flexible and scalable framework to:

  • Manage content
  • Facilitate collaboration
  • Simplify decision-making
  • Automate complex core business processes, such as underwriting, member enrollment, provider services and claims processing
  • Transform and streamline processes for increased speed and improved accuracy
  • Efficiently use and share content for more effective decision making
  • Achieve compliance with regulatory requirements
  • Provide visibility to support compliance efforts, such as HIPAA
  • Support new product initiatives to take advantage of market opportunities

Life and Annuities

With the advent of deregulation, life, annuity and long-term care insurance companies are now challenged to process more applications in less time with better content — all at a lower cost per transaction. Life insurance companies must now support multiple channels of distribution while being low-cost competitors and also offer a complete line of products to their sales agents. This fast-moving, dynamic marketplace creates additional pressure for insurance organizations to offer and sell products and provide customer service via the Internet.

iSafe's imaging and technology solutions accelerate the underwriting process, save time and money and improve service to both agents and customers.

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