Introduction
Our client Bajaj Allianz Life Insurance Co. Ltd. is a joint venture between two leading conglomerates- Allianz AG, one of the world's largest insurance companies, and Bajaj Auto, one of the biggest 2 and 3 wheeler manufacturers in the world.
Business Challenge
Our client had been facing multiple issues including market pressures to increase responsiveness to its customers substantially, as well as, manual procedures and legacy systems internally, which were not scaling up to the growing business needs. Apart from the delay due to non-automation of critical processes there was also the challenge of seamlessly integrating various back end applications to enable the complete flow from application data entry to policy contract issue.
Solution
Futurism's solution for the client aimed to enhance the existing core policy administration system and the development of a comprehensive New Business and Underwriting system that would replace the New Business functionality provided by legacy core package. Futurism was involved in business process re-engineering, requirements capture, solution architectural design, coding and system testing and implementation.
Client various insurance schemes and plans for customers. Sales team of Allianz Bajaj needs to demonstrate these schemes and plans to its customers. The demonstration basically involves following things:
- Presenting to the customer their schemes and let him chose the scheme.
- Gathering personal information about customer such as name, occupation etc and most importantly Age.
- Again giving the customer choice of various plans and payment modes.
- Calculating the premium based on the customer's selection and generating reports which contains comprehensive summary of the various benefits he gets with the selected scheme and plan.
Since the no of combinations of schemed and plans is fairly large the whole process is quite complex and time consuming. So, there was a need to find a solution that would let sales team members to present the entire information to its potential customers interactively within a short time and in an easy to understand manner.
Futurism developed an web based application that provides the above mentioned facilities.
Technology Used:
- OS-WIN2K Server
- Database: Ms Access, SQL Server 2000
- ASP 3.0, VB, Java script, IIS
- WEB based Crystal Reports
Please contact info@futurismtechnologies.com to know more about how we can ease your business. |
