At FSSP we have a team of experienced professionals who have a deep understanding of the unique challenges and needs of this industry, we are well-equipped to deliver innovative and effective solutions that drive business growth and improve operational efficiency.

Expertise in Insurance

We have experience creating intuitive and user-friendly systems that streamline the process of managing insurance policies and allow insurers to make informed decisions about risk assessment and coverage. We also have expertise in developing systems for claims management. Our solutions are designed to make the claims process more efficient and transparent for both insurers and policyholders, enabling insurers to more effectively handle a high volume of claims while providing a better experience for their customers. Looking back to our many years of experience, we had a number of custom solutions for Insurance, and know perfectly how to develop exactly what you need.

Our Approach

Design thinking is a user-centered approach to problem solving that involves understanding the needs and pain points of the end users and designing solutions that address those needs.

We consider the security and compliance requirements of the insurance industry when developing software. Insurance companies handle sensitive personal and financial information, and it is essential that software solutions are designed with security and compliance in mind. This may involve implementing measures such as encryption, secure data storage, and regular security testing to ensure that the software is robust and compliant with relevant regulations.

The approach to delivering software is depending on the specific needs and requirements of the project, but it is important to consider factors such as agility, user-centered design, security and compliance.

How You Will Score With IT

Improves Communication

One of the greatest benefits of insurance industry software solutions is the software's ability to help boost team coordination. This software offers to push automatic notifications, simple management task solutions, and convenient models to enhance the regular conversation. It is useful for insurance companies with different insurance firms, plans, and businesses.

More Security

To have a good customer experience, all your customers' details must be safe against unauthorized access to avoid losing or leaking information to anyone. Without legacy software solutions, any company's customer management and data protection are at risk. Security and data privacy protocols are built-in to insurance software solutions. So to be able to access some data or alter them, an insurance agent must follow the security measures. Insurance services are a great option for insurance companies because there won't be any chance of data misuse.

Offers Full Control

Many activities in insurance companies are critical, so they need critical monitoring. This software is important for your insurance agencies because it can help your company monitor transactions, accountability, liabilities, and settlements, and alert responsible parties.

Reduces Overall Costs

The insurance management software helps insurance companies to be more effective by streamlining the process. This allows insurance companies to run business because the insurance software helps to save a great amount of time and extra hours spent on data. Even if you have many dedicated teams without insurance software, the work will be too much for them. This software helps to remove all possible mistakes by providing insurance software solutions.

Types of Insurance Software

Insurance document management software

All insurance companies need document management software to organize, securely store and gain authorized access to documents like customer proof, policyholder agreements, and policy applications. One of the popular document management software is PDF Reader. It helps to access the PDF file offline and online and store it to view, share, and even print and publish anywhere.

Insurance automation software

Insurance automation uses the insurance application to monitor, arrange, and coordinate different business processes that involve sales and marketing, lead generation, data science, and human resources. One of the popular examples of automation software in insurance is Straight-through Processing, also known as digital sales. In this case, all your company's insurance process follows an automated flow, from led generation to issuing of policy to make you achieve your business goals.

Insurance policy management software

Insurance policy management software is one of the significant types of insurance software. You can use insurance policy management software to create, manage and administer insurance policies. It also allows reinsurance treaties and facultative arrangements. You can reduce any insurance risk and handle all reinsurance effectively with this.

Insurance underwriting and rating software

Underwriting and rating software is an important aspect of the insurance business because it will help you evaluate any risk in insuring a car, home, or health. The purpose of this software is to help you manage the underwriting process. It also allows you to write rules and policies to execute customer data during the underwriting and rating process by implementing artificial intelligence and saving manual efforts.

Insurance claims management software

Insurance claims management is a type of insurance software that helps in claim processing and in settlement by reducing operational cost, improving accuracy, and minimizing turnaround time. This claim management software also has robotic process automation to calculate processes, provide meaningful risk insights and streamline case management.

Insurance quoting software

Insurance quoting software allows you to automate all quoting processes online. Through this, your clients can use it to compare the rates and quotes from competitive companies to choose the best one for themselves. This software is also beneficial to you because it helps save time, attract more customers, and give business ideas through quoting.

Describe your project

Reasons To Choose FortySeven

Our development process is the natural evolution of a software process to support today’s changing business environment. We believe that every project should be dealt with a fresh approach. Our industry knowledge allows us to deliver solutions that solve business challenges in 40+ industries. Working closely with you, we define your needs and devise effective automation tool concepts, knowing how to implement these concepts and integrate them according to your specific needs.

More than 12 years of successful global IT outsourcing and our customer’s business augmentation.
Business communication
We are compliant with ISO 9001:2015 on Quality management systems and ISO 27001:2013 on Information security management system.
Deep Technology Expertise
Our specialists have a vast business and technology expertise and can develop complex solutions.
Full IP Control
We transfer full control over Intellectual Property Rights to you each month.
We manage projects using software for tracking progress and time. This gives you full control throughout the development process, making progress and billing fully predictable.
TOP IT Talent
We have the team of the most talented Software Engineers. We invest in our team, as we consider them our tacit capital. We provide them with continuous and extensive training during their careers

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