Insurance Industry today is facing several challenges including coping with an unfavorable economic climate, a plethora of new regulatory and financial reporting changes, capital adequacy issues. This coupled with increased risk levels due to the current global conditions has created a strain on the industry in general. Successful companies are overcoming these challenges with innovative use of Information Technology especially e-business, Enterprise Integration, Data Warehousing and Business Intelligence.
We have been successful in delivering strategic IT solutions to our clients. These solutions are focused on delivering business value such as reduce time to market new products, improve operational efficiency, customer service, proactively address market risks.
We have been successful in combining a deep understanding of the Insurance domain, technology expertise with our Global Flexi-Delivery Model to provide innovative and cost effective solutions.
Our Technology Solution offerings include:
Partner Services Framework
We have designed a Partner Services Framework for Reinsurance companies. The framework is a set of reusable components that can be used for building an application for servicing brokers and cedants. The framework is easily extensible and can be used across Marine, Aviation, Casualty as well as Property lines of businesses.
Based upon its cumulative experience in multiple forms of application integration and web service technology platforms, ERPMARK INC offers Enterprise Application Integration (EAI) services.
We have developed a sophisticated workflow tool - WOLF™ for insurance companies. The tool can be modeled to fit the exact business processes of any specific company and can significantly increase the efficiency of Policy origination, underwriting and policy closure process and Claims initiation, adjustment and settlement process, besides other internal processes.
To reduce policy origination and policy servicing costs and increase communication efficiencies with their agent networks, insurance companies face the challenge of either building new agent extranets or significantly upgrading any that are already existing. We build extranets for agency networks using both Bespoke software development using content management tools and Internet technologies and Standard portal servers.
We build Enterprise Information Portals that tie all streams of data, from all channels and all back office systems, to produce a unified, up-to-date view for customers, channel partners and employees. ERPMARK INC has the expertise to build ground up solutions as well as implement off-the-shelf content management products to meet diverse customer needs.
Data warehousing and business intelligence solutions are widely needed by insurance carriers throughout the business. We provide
Our Insurance domain services extend to: