Our industry administration services provide transaction processing to diverse industries in the service sector where large transaction processing takes place on a routine basis. These include industries like insurance, banking, financial services, mortgage etc.
Benefits
Leverage industry/domain expertise
Reduce transaction processing costs
Reduce transaction processing time
Greater quality and accuracy of transactions
Insurance Processing
Our insurance processing services provide specialized solutions to the insurance sector and support critical business processes applicable to the industry right from new business acquisition to policy maintenance to claims processing. These include:
New Business Acquisition
Inbound/outbound sales
Initial Setup
Case Management
Underwriting
Risk assessment
Policy issuance
Policy Maintenance
Record Changes- Name, Beneficiary, Address
Collateral verification
Surrender
Audits & Reinstatement
Accounts Receivable
Accounting & Reconciliation
Claim Overpayment
Customer service - voice/email
Claims Processing
Claim Set Up
Eligibility
Duplication
Validate Reserves
Medical Supplemental
Provider Excess Reinsurance
Specific Excess Reinsurance
Adjudication
Account Settlement
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