Life Insurance

Insurance
The insurance industry is undergoing unprecedented challenges in the form of soft markets, a global economic slowdown, consolidations and mergers, stringent regulations, natural disasters and the need to operate globally. These hurdles are further compounded by the emergence of the various operational challenges outlined below:

  • Time to market new products and channels
  • Need for alternate distribution channels
  • Replacement of core legacy systems with next generation insurance systems
  • Need to aggregate exposures and produce a single view of the client
  • Price, service, time pressure for new entrants in comparison in the market

The result is ever-increasing pressure on Insurers. The industry is responding by streamlining business processes through technology innovations and wider adoption of IT assets.

Logitech Solutions Insurance Expertise
Logitech solutions has extensive experience delivering services and insurance software solutions to meet the specific needs of both large and small insurance companies. The Logitech solutions Insurance Industry Group has established:

  • Deep insurance domain expertise through a range of IT and consulting projects in the industry.
  • Domain experts, typically with 10–20 years of business, operational and analytical experience in outsourcing for the Insurance industry
  • References from clients at the forefront of the insurance industry

Your benefits
The primary benefits of working with Logitech solutions include:

  • industry standard technology solutions
  • Reduced claims processing cycle times using industry best practices
  • Efficient and effective distribution channels with real-time information exchange
  • A data-driven decision support system for financial loss prevention
  • Performance dashboards for managing business operations
  • Flexible outsourcing models to fit the specific requirements of our insurance industry clients
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