With increased competition, product commoditization and pricing pressures, insurance companies are seeking to create differentiated value propositions in their products, while reducing losses and eliminating inefficiencies. Profitability depends on ensuring that everyone in the insurance company drives the bottom line, from sales, marketing, and finance to underwriting and claims, and that they make optimal decisions. ExperiINS-ADVANTAGE Suite is a collection of valuable tools including ExperiINS-FORCE (Policy Reporting), ExperiINS-MONITOR (Risk & Price Score Cards), ExperiINS-CONTACT (Agency/Brokerage Reporting), ExperiINS-RESERVE (Claims Monitoring), ExperiINS-RISK Risk Experience Reporting), ExperiINS-PLANNING& (Budgeting & Forecasting), ExperiINS-FINANCE (Financial Reporting).
Using the ExperiINS-ADVANTAGE suite of products, leading insurance companies worldwide can:
- Optimize claims processing, improve loss control, and enhance claims service levels
- Empower underwriting with visibility into policies, premiums, and loss ratios
- Better assess risk and policy portfolio exposures across products, geographies, and lines of business
- Enable sales and insurance agents to quickly understand performance against targets and analyze customers to uncover new opportunities
- Ensure regulatory compliance and uncover fraud through ad-hoc investigation and reporting
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