SlideShare a Scribd company logo
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Submission to:
Enterprise SAAS enabler of Digitized Insurtech Solutions
5000+ corporates, 15 million+ lives, USD 1000 million annual premium
Endorsed by BOSTON CONSULTING GROUP (Apr’22) as a leading Insurtech driving innovation in India
Featured in NASSCOM (Nov’23) insights on digitizing insurance in India
29th April, 2024
 Manage complex underwriting rules
with accurate premia calculations
across multiple GMC/ GPA/ GTL
policies
 Voluntary policy premium payments
 Real time CD statement and
brokerage reconciliation
 Secure data transmission
 Need for a Single platform to support
thousands of corporates; logical data
segregation
Exegesis Confidential
Ecosystem & Challenges
 KEY CHALLENGES –
2
The Solution: EXEGESIS EMPLOYEE ENSURER
India’s No.1 Employee and Flex Benefits Enterprise SAAS platform
Highly configurable, Secure solution for Automation of GMC-GPA-GTL with FLEX & Claims servicing
CORPORATE EMPLOYEE
 Manage Group plans & Claims along
with Flexible benefits for hundreds of
thousands of employees/ dependents
 Integration with internal payroll and
HRMS systems
 Option to upsell / cross sell Insurance
and non-Insurance components
 Pre-loaded wallet to customize one’s
benefits
 Intimate & track claims in real time
(integration with Insurer/ TPA)
 Employee grievance redressal
 Portal and Smartphone access
INSURER / DISTRIBUTOR / TPA
Problem Statement
Managing Group policies & Claims with Flexible benefits and complex underwriting rules, is a challenge for
Corporates with hundreds of thousands of employees / dependents
About Us
 EXEGESIS is India’s FIRST Insurtech, 16+ years of experience in Insurance
 Our Enterprise SAAS Insurtech platform converges insurance channels and processes by offering
digitized insurance solutions for Employee Health & Flex benefits, along with Personal lines
insurance
 The platform links Corporates, Insurance Distributor, and Insurers by introducing straight-through-
processing in the entire ecosystem
3
5000+ corporates, 15 million+ lives, USD 1000 million annual premium
Exegesis Confidential
4
Platform Overview
Exegesis Confidential
Key Capabilities
5
 500+ CONFIGURABLE PARAMETERS, 300+ MASTERS, 50+ MIS REPORTS
 INDUSTRY’S MOST COMPREHENSIVE UNDERWRITING ENGINE – covers 50+ Insurers, Single-click renewal
 EXHAUSTIVE FEATURE LIST, AUTOMATION of end-to-end Insurance policy & Claims servicing
 FLEXI BENEFITS WITH WALLET OPTIONS – Personalization from bouquet of Insurance & Non-insurance options
 MOBILE APP (ANDROID & IOS) – All key portal features on app (incl Enrolment for GMC-GPA-GTL along with
Flex options, TPA/ TPA-SSO integration etc.)
 CUSTOMER ENGAGEMENT – Email, SMS notifications for 100+ events, Whatsapp, IVR, Chatbot, Push
notifications, CRM integration
 REAL TIME INTEGRATIONS –
- 30+ TPAs / Insurers (real-time & SSO based)
- Single sign-on (SSO) for portal login
- SFTP, Payment gateway, HRMS / Payroll integrations
 DATA SECURITY –
- PII data encryption
- Triple DES, OWASP Top 10 compliant
- Logical and physical data segregation for EACH corporate
 PEAK PERFORMANCE – 2000 concurrent users, 0.7 million unique transactions, ZERO failures, Avg response
time per transaction < 1 second (on virtual server with 8GB RAM)
Exegesis Confidential
Independent Insurtech
company focused on
“revenue side”
Founders come with
deep domain and
technical expertise
Proven business and
revenue model
6
Exegesis Confidential
 UNDERWRITING ENGINE
 Enrolment data is validated online against pre-
configured underwriting rules – resulting in 0 errors in
Claims processing
Manually, this would take 30-90 days for 3000+
employee organization
 NETWORK HOSPITAL, ECARDS, CLAIMS STATUS
 Quick access at the click of a button – direct integration
with TPA/ Insurance cos. for instant information
 Manually, this would take months causing loss of
valuable time during medical emergencies
 CD ACCOUNT
 Real time computation of CD a/c and brokerage
 3 months of time saving in reconciliation between broker/
TPA/ Insurance co
Efficiencies Achieved
 ONLINE HELPDESK
 Quick TAT for employee queries – access to live real
time data
 Upto 1 week of time saving in manual coordination
between Corporate HR and broker
 PEAK PERFORMANCE
 2000 concurrent users, 0.7 million unique transactions,
ZERO failures
 Average response time per transaction < 1 second on
virtual server with 8GB RAM
Pain Points Exegesis Offering
Exegesis Impact
Collaboration Objectives
Insurance Backbone for 2500+ Corporates with Scaling Premium Revenues year on year
The ONLY independent, pan-India Insurance broker with
placement capabilities across all lines of commercial
insurance in India and in over 100 countries
Extensive Manual Processing
Time consuming tasks de-railing expansion plans
Client servicing woes
Need to showcase cutting-edge Technology Platform to win
high-end clients
Pressing need for Automation
Automation of end-to-end Insurance policy servicing
(Group Mediclaim, Group Personal Accident, Group
Term Life)
Comprehensive Feature List –
Policy Underwriting set-up, Enrollment, Endorsement,
Claims Management, CD Accounts & Billing,
MIS Reporting, Communication Helpdesk,
FLEX Benefits (Insurance & Non-insurance benefits,
configurable wallet options)
Highly configurable dynamic options
Secure Data Availability, PII data encryption
Real time 3rd party Integrations (20+ TPAs & Insurers)
Web-based and Smartphone Access
Automation of Policy Administration
Quick Turnaround on Critical Services
Sales Assistance for Solution Demo & Capabilities
Fast Goto Market for New Client Enablement
High % of client retention ensuring Business Continuity
Clear Picture of Insured & Endorsements
Complex Calculation made Easy on Corporate Deposit (CD) Accounts
Successful deployment within 3 months
5+ million Insured Lives, 2500+
Corporates, multi-million USD Revenue
Tested for Peak performance and
Scalability
Prestigious clientele wins on our secure,
best-in-class Technology Platform
7
Exegesis Confidential
Independent Insurtech
company focused on
“revenue side”
Founders come with
deep domain and
technical expertise
Proven business and
revenue model
8
Insurer / TPA integrations
Exegesis Confidential
Independent Insurtech
company focused on
“revenue side”
Founders come with
deep domain and
technical expertise
Proven business and
revenue model
9
Industry Recognitions
Exegesis Confidential
THANK YOU
info@exegesisinfotech.com
www.exegesisinfotech.com

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Exegesis Infotech India Pvt Ltd – Insurtech Innovation Award 2024

  • 1. Submission to: Enterprise SAAS enabler of Digitized Insurtech Solutions 5000+ corporates, 15 million+ lives, USD 1000 million annual premium Endorsed by BOSTON CONSULTING GROUP (Apr’22) as a leading Insurtech driving innovation in India Featured in NASSCOM (Nov’23) insights on digitizing insurance in India 29th April, 2024
  • 2.  Manage complex underwriting rules with accurate premia calculations across multiple GMC/ GPA/ GTL policies  Voluntary policy premium payments  Real time CD statement and brokerage reconciliation  Secure data transmission  Need for a Single platform to support thousands of corporates; logical data segregation Exegesis Confidential Ecosystem & Challenges  KEY CHALLENGES – 2 The Solution: EXEGESIS EMPLOYEE ENSURER India’s No.1 Employee and Flex Benefits Enterprise SAAS platform Highly configurable, Secure solution for Automation of GMC-GPA-GTL with FLEX & Claims servicing CORPORATE EMPLOYEE  Manage Group plans & Claims along with Flexible benefits for hundreds of thousands of employees/ dependents  Integration with internal payroll and HRMS systems  Option to upsell / cross sell Insurance and non-Insurance components  Pre-loaded wallet to customize one’s benefits  Intimate & track claims in real time (integration with Insurer/ TPA)  Employee grievance redressal  Portal and Smartphone access INSURER / DISTRIBUTOR / TPA Problem Statement Managing Group policies & Claims with Flexible benefits and complex underwriting rules, is a challenge for Corporates with hundreds of thousands of employees / dependents
  • 3. About Us  EXEGESIS is India’s FIRST Insurtech, 16+ years of experience in Insurance  Our Enterprise SAAS Insurtech platform converges insurance channels and processes by offering digitized insurance solutions for Employee Health & Flex benefits, along with Personal lines insurance  The platform links Corporates, Insurance Distributor, and Insurers by introducing straight-through- processing in the entire ecosystem 3 5000+ corporates, 15 million+ lives, USD 1000 million annual premium Exegesis Confidential
  • 5. Key Capabilities 5  500+ CONFIGURABLE PARAMETERS, 300+ MASTERS, 50+ MIS REPORTS  INDUSTRY’S MOST COMPREHENSIVE UNDERWRITING ENGINE – covers 50+ Insurers, Single-click renewal  EXHAUSTIVE FEATURE LIST, AUTOMATION of end-to-end Insurance policy & Claims servicing  FLEXI BENEFITS WITH WALLET OPTIONS – Personalization from bouquet of Insurance & Non-insurance options  MOBILE APP (ANDROID & IOS) – All key portal features on app (incl Enrolment for GMC-GPA-GTL along with Flex options, TPA/ TPA-SSO integration etc.)  CUSTOMER ENGAGEMENT – Email, SMS notifications for 100+ events, Whatsapp, IVR, Chatbot, Push notifications, CRM integration  REAL TIME INTEGRATIONS – - 30+ TPAs / Insurers (real-time & SSO based) - Single sign-on (SSO) for portal login - SFTP, Payment gateway, HRMS / Payroll integrations  DATA SECURITY – - PII data encryption - Triple DES, OWASP Top 10 compliant - Logical and physical data segregation for EACH corporate  PEAK PERFORMANCE – 2000 concurrent users, 0.7 million unique transactions, ZERO failures, Avg response time per transaction < 1 second (on virtual server with 8GB RAM) Exegesis Confidential
  • 6. Independent Insurtech company focused on “revenue side” Founders come with deep domain and technical expertise Proven business and revenue model 6 Exegesis Confidential  UNDERWRITING ENGINE  Enrolment data is validated online against pre- configured underwriting rules – resulting in 0 errors in Claims processing Manually, this would take 30-90 days for 3000+ employee organization  NETWORK HOSPITAL, ECARDS, CLAIMS STATUS  Quick access at the click of a button – direct integration with TPA/ Insurance cos. for instant information  Manually, this would take months causing loss of valuable time during medical emergencies  CD ACCOUNT  Real time computation of CD a/c and brokerage  3 months of time saving in reconciliation between broker/ TPA/ Insurance co Efficiencies Achieved  ONLINE HELPDESK  Quick TAT for employee queries – access to live real time data  Upto 1 week of time saving in manual coordination between Corporate HR and broker  PEAK PERFORMANCE  2000 concurrent users, 0.7 million unique transactions, ZERO failures  Average response time per transaction < 1 second on virtual server with 8GB RAM
  • 7. Pain Points Exegesis Offering Exegesis Impact Collaboration Objectives Insurance Backbone for 2500+ Corporates with Scaling Premium Revenues year on year The ONLY independent, pan-India Insurance broker with placement capabilities across all lines of commercial insurance in India and in over 100 countries Extensive Manual Processing Time consuming tasks de-railing expansion plans Client servicing woes Need to showcase cutting-edge Technology Platform to win high-end clients Pressing need for Automation Automation of end-to-end Insurance policy servicing (Group Mediclaim, Group Personal Accident, Group Term Life) Comprehensive Feature List – Policy Underwriting set-up, Enrollment, Endorsement, Claims Management, CD Accounts & Billing, MIS Reporting, Communication Helpdesk, FLEX Benefits (Insurance & Non-insurance benefits, configurable wallet options) Highly configurable dynamic options Secure Data Availability, PII data encryption Real time 3rd party Integrations (20+ TPAs & Insurers) Web-based and Smartphone Access Automation of Policy Administration Quick Turnaround on Critical Services Sales Assistance for Solution Demo & Capabilities Fast Goto Market for New Client Enablement High % of client retention ensuring Business Continuity Clear Picture of Insured & Endorsements Complex Calculation made Easy on Corporate Deposit (CD) Accounts Successful deployment within 3 months 5+ million Insured Lives, 2500+ Corporates, multi-million USD Revenue Tested for Peak performance and Scalability Prestigious clientele wins on our secure, best-in-class Technology Platform 7 Exegesis Confidential
  • 8. Independent Insurtech company focused on “revenue side” Founders come with deep domain and technical expertise Proven business and revenue model 8 Insurer / TPA integrations Exegesis Confidential
  • 9. Independent Insurtech company focused on “revenue side” Founders come with deep domain and technical expertise Proven business and revenue model 9 Industry Recognitions Exegesis Confidential