Insurance

Every Insurer faces internal challenges in relation to the productivity of their agents, producers, brokers, and employees, and to stay competitive out in the market, they need to reduce the cycle time for their product launches, improve their customers� experience, and reduce the time, cost and effort in administering their policy transactions. �In addition, they also need to proactively detect and prevent fraud, manage claims processes faster and adhere to risk and regulatory compliances to avoid paying penalties.

Today�s insurers must put customers at the center of their business, (bet products to market faster,) and improve operational efficiency to lower costs. Partnering with the world�s largest insurers*,Punnam ITLabs Software Pvt Ltd helps companies become more innovative and customer-centric to meet the future head on.

Our Insurance Services:

• Insurance Consulting, Development, Maintenance, Testing and Application Portfolio Optimization (APO)
• Outsourced model, managed services, co-sourced managed services, project execution, co-sourced time and materials, transformation projects
• Collaborative working model supported by Governance platforms, helping clients gain complete visibility of their projects executed across locations and regions across the globe.
• Agile methodology and tools such as PlayField™ to remove distortions and gaps in understanding business and technology alignment;� Insurance solutions with zero-deviation.

Punnam ITLabs Software Pvt Ltd offers insurance software services and business-driven technology solutions that help Insurers overcome the challenges. Our in-depth knowledge, extensive insurance industry experience, domain competency, technology, proprietary tools, methodologies and frameworks, coupled with a value creation model are helping many global and regional insurance leaders to profitably improve their business.