The life insurance industry today is marked by regulatory changes, which has lead to strong focus on information technology investments within this sector. Companies are looking at leveraging technology to streamline processes using business automation.However at the same time there is strong focus on meeting all the security and compliance standards and regulations. Subex has been a pioneer in partnering with leaders of the insurance domain to implement best IT practices in all aspects of the organization to solve their business problems using our technical expertise.
Following are the areas of our expertise in the Insurance vertical:
Process Improvement Consulting
Our business consultants are experts in using state of the art process improvement techniques such as Six Sigma, Total Quality, Reengineering, Work-Out and other productivity improvement approaches. Our team provides ways to improve processes in areas such as: product development, business retention, distribution strategy & implementation and product & system implementation.
Financial Reporting and Analytics
We have storng expertise in building complex data warehouses for data retrieval across varied data sources and provide actionable information to business teams to make accurate forceasting and informed decisions.
Using web based technologies we have also worked in creating dashboards and competitive analysis reporting for management teams to define their product strategy in the competitive insurance marketplace.
Product Development and Implementation
We have beein involed in design, development, pricing and implementation of life insurance and annuity products. We understand that product development must fit within an overall company strategy that integrates products and services with the company's distribution system and customer base.
- Process experts in Software Development Lifecycle adhering to CMM, ISO standards
- Strong datawarehousing and reporting expertise in Cognos, Business Objects
- Expertise in Web Based Technologies -- J2EE, JSP, ASP.Net
- Strong Web and App Server expertise -- WebSphere, WebLogic, IPlanet
- Database technologies -- Oracle, SQL Server, Hibernate
- Strong foundation in build SOA architecture
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