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Nexum IMS Suite, the Insurance Management System

by Project Manager at Nexum Insurance Technologies on Dec 17, 2009

  • 2,439 views

Nexum IMS Suite, Insurance Management System ...

Nexum IMS Suite, Insurance Management System

http://www.nexum-it.com

Business benefits:

Reduced costs of sales operations:
Automated premium calculation
Web sales channel
Automation of manual tasks for sales operations
Automation of manual tasks for renewal operations
Automated commission management
Automated reports

Reduced costs of claims handling operations:
Automation of manual tasks for claims registration
Reduced paperwork
Electronic documents
Partner claims
Web claims
Automated reports

Reduced costs of accounting operations:
Automation of manual tasks for claims registration
Reduced paperwork
Electronic documents
Partner claims
Web claims
Automated reports

Reduced costs of accounting operations:
Automated invoice generation
Merged invoices
Payment to invoice automated mapping
Automated payment control
Automated reports


Reduced risks:
Identification of customer-associated risks
Automated control of underwriting limits
Automated control of claims payment limits
Reduced fraud

Increased sales revenues:
New automated sales channels
Improved customer service, loyalty





Clients
Who is the client?
What does the client mean for us?
Quick access to client’s information
Improved customer service

Products:
Both standard and unique products
Reporting
Sales
Claims
Money Management

Policies:
Reduced costs of sales operations
Automated premium calculation
Automated proposal generation
Increased sales – automated renewal control, Web sales

Claims:
Reduced manual efforts for experts, claims handlers
No paper flow
Fast customer service
Internet claims
Sophisticated claims reporting

Money management, Cash flow:
Automation of accounting tasks
Cash flow control
Improved customer experience

Limits:
Automated control of limits
Reduced fraud
Control of risks and payments
Quick remote authorization of transaction


Reports:
Realistic and actual data about business performance

Agent, broker & Web sales:
Increased sales revenues, larger agent network & customer base
Reduced workload to backoffice, external remote sales channel
Control of agent and broker performance


Web Sales:
Acquire new customers
No intermediary sales commission
Short sales cycle, immediate payments
Low sales administration costs
Improved customer service

Client Portal:
Retain existing customers
Additional services for customers
Increased sales because of personalized proposals, quotes
Cusotmer self service
Improved customer service

Remote Claims:
Less manual tasks for backoffice
Automation of decisions and tasks
Improved claims service for customers
Reduced claims administration costs

IMS Shared resources:
Sales task automation
Reduced cost of insurance product change and support
Reduced costs and improved quality of customer service

http://www.nexum-it.com

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Nexum IMS Suite, the Insurance Management System Nexum IMS Suite, the Insurance Management System Presentation Transcript