Benefits of Enabling Online Access of Insurance Policies for Insurers and Policyholders

Insurance companies as well as policyholders benefit from online document management. A robust, web-based insurance solution helps the insurers to streamline their operations while the policyholders can access their documents by simply logging on to the insurer’s portal. Moreover, not only does it help the insurers achieve their business goal of efficient service, but also enables them to generate more revenue.

Benefits for Insurance Companies

• Online policy administration system on which users are assigned with different hierarchy levels.

• Insurers are able to address issues in their product distribution channels with ease.

• Useful for managing policies of an individual, small businesses or enterprise undertakings.

• Ease in keeping track of brokers’ activities, their commissions, policy status updates, etc.

• Ease in policy renewal and policy cancellation with a centralized system for insurance management.

• Ease in day-to-day management of insurance brokerage operations.

• Ensuring client satisfaction with anytime, anywhere access to policy documents and instant communication.

Benefits for the Policyholders

• Online access of insurance policy documents available all the time.

• Instant communication with their brokers by an integrated messenger on the insurance portal.

• Secure online transaction and storage with SSL encryption and Amazon File Storage System.

• Customization of client portal interface to suit brand promotion strategies (for business policies).