Where your process touches customers
Where your process touches customers
Become a digital leader
Sollers Consulting offers top technology and expertise which are vital for your digital success.
What we mean by digitalisation in insurance is transforming processes where there is direct interaction with consumers.
We adapt them to rising consumers’ expectations with the use of modern technology.
Today, digitalisation is easier than you can imagine if you have an experienced partner you can trust.
We make what matters work for you
Digital insurance consists of many aspects but all in all they should allow to effectively engage the customers, advise them about the best offer
and provide a smooth and easy sales process.
Focus on key digital insurance trends:
Implement software solutions that will support realisation
of your digital strategy.
Sell
Serve them seamlessly
and quickly
Engage
Be where your customers are
Advise
When you meet them, give them
what they really need
Sollers is helping insurers and banks
to strive in the digital world
See how we help our clients:
Digital strategy
and operating model
Digital strategy
and operating model
Digital operations
Digital operations
Digital change management
Digital change management
Guidewire InsuranceSuite© integrated with Front-End Portals and big infrastructure: hybrid deployment utilising cloud and on-premise. Fully automated code deployment made the release cycle significantly faster. Project infrastructure utilising container platform concepts, provides a stable, quick and robust deployment platform.
Having thousands of conversations with customers every day, the bank knows their concerns and biggest risks. To address those risks, the bank chose to expand its insurance offer to provide comprehensive protection for loan takers. The bank decided to develop a standalone insurance products portfolio to open up new revenue streams.
One of the main business assumptions was selling insurance through bank’s wide network of branches. Already having a complex range of banking products in the offer, the sales process needed to be fast and easy both for the customers and for the bank’s sales staff.
As Polish life insurance market was in a downward trend throughout recent years, our client decided to follow a growth strategy in the area of P&C insurance. Due to historical engagement in life insurance, successful implementation of the new strategy required adjustment of its IT systems architecture. To reach this goal a decision has been made to simultaneously modernize the core insurance system and implement new platform dedicated to products and distribution processes management.
The insurance industry is undergoing obvious changes, and we’re all trying to predict them. Historically, one of the best methods ...
Read moreDigital insurance refers to the use of technology to offer, manage, and enhance insurance services online. It allows customers to buy policies, file claims, and access services through digital platforms like websites or mobile apps. The focus is on making insurance more accessible, efficient, and personalized for customers. Digital insurance also uses advanced tools like AI and data analytics to improve risk assessment and customer experience.
Personalization in digital insurance relies on data and technology to offer tailored products based on an individual’s needs, behaviors, and preferences. By analyzing customer data, insurers can create more relevant coverage options, pricing, and services. For instance, telematics can adjust car insurance premiums based on driving habits, or health insurance can be tailored to lifestyle choices. This approach not only enhances customer satisfaction but also improves risk management for insurers.
Insurers can measure success by tracking key metrics such as customer satisfaction, policyholder retention, and operational efficiency. Reducing claim processing times or increasing the percentage of online transactions can indicate digital initiatives are working. Financial metrics like cost savings from automation or revenue growth from new digital channels also provide insights into ROI. Regular feedback loops and performance benchmarks help in assessing ongoing progress.
Insurance companies must adopt strict data security practices, like encryption, multi-factor authentication, and regular audits, to protect customer data. Implementing robust cybersecurity measures, such as firewalls and intrusion detection systems, helps prevent breaches. Compliance with regulations like GDPR and HIPAA ensures that data privacy standards are met. Ongoing employee training on security protocols is also key to mitigating risks.
Digital transformation can significantly improve claims processing by automating manual tasks and speeding up decisions. Underwriting can benefit from better data analytics, enabling more accurate risk assessments and customized policies. Customer service can be enhanced with AI-driven chatbots and self-service portals that offer 24/7 support. Additionally, new digital distribution channels can expand market reach and provide more flexible product offerings.