Technology solutions focusing on revenue growth, cost savings and risk mitigation
Pressure on the companies in the Insurance industry has never been higher:
- Well-funded and innovative InsurTech competitors are out to disrupt the industry
- Customers are demanding more value and faster service
- You have massive amounts of data, but it’s difficult to analyse across systems to gain insights
- Your employees are wasting valuable time and energy on low-value tasks
- Legacy systems reduce speed to market and make data analysis difficult
The insurance ecosystem is complex, with numerous stakeholders, regulations, legacy systems, and new innovations. Insurance leaders are investing in solutions to improve company performance in three key areas:
- Revenue Growth – Analyzing data to identify new offerings with an accurate assessment of risk and then bringing those products to market rapidly.
- Cost Savings – Increasing internal efficiency, like reducing cost of onboarding new clients and automating low-value, repetitive processes. Optimizations likes these also free your employees to provide more to customers.
- Risk Mitigation – Accessing and analysing massive amounts of data across numerous systems. We help you pull that data together in a meaningful way, so that you can manage risks and gain insights.
ADROSONIC has technology and insurance industry expertise to help you overcome your challenges quickly and economically. We have delivered proven results in the insurance industry and are committed to your success.
We focus on delivering business results and always start by understanding our customers business, challenges, and opportunities. We then use our expertise in technology, digital transformation, and the insurance industry to develop solutions that deliver business results.
These are the some of the ways ADROSONIC helps your business grow revenue and profits:
- Faster time to market by leveraging low-code digital insurance platform INSTANDA
- 360-degree view of customers by implementing a cloud-based CRM like Salesforce and integrating with core underwriting and claims applications
- Improved efficiency of underwriting, claims and other core applications by reducing the number of screens and third-party applications
- Streamlined processes by integrating applications and data sources. For the technical experts out there, this includes things like developing a service-based enterprise architecture model, creating RESTful APIs, and integrating backend claims systems with front office applications.
- Elimination of low-value repetitive activities, paving the way for employees to deliver more value
- Reduced processing costs by implementing artificial intelligence (AI) and other technologies
- Elimination of system redundancies and data inconsistencies by consolidating the number of IT systems and introducing a common data model
- Better insights and faster decisions through predictive analytics
Examples of the proven results ADROSONIC has delivered for clients like you:
- 8 years of experience in the insurance industry, including brokers, MGAs and underwriters
- For Tysers, contributed expertise in RPA, QA and application development to create Tysers’ Tconnect cloud-based platform designed to consolidate processes and automate the end-to-end life cycle of a policy
- For Shipowners, automated filing of 336,000+ documents through Robotic Process Automation (RPA) resulting in savings of 6.4 person-years of effort
- For Tysers, automated processing of 16,000+ statements yearly across 800+ customer accounts for clients and underwriters through Robotic Process Automation (RPA)
- For Hiscox, drove digital transformation of their insurance offerings, covering professional indemnity and office insurance across 20 industries covering over 600 professions
- For Kudo, created the back-end app for agents and integrated the customer app, enabling customers to go through the entire policy lifecycle swiftly
You need to innovate in the complex world of insurance. We’re here to help.
What We Do
We build solutions that create a lasting impact and increase revenue—today and into the future.
We work with a varied group of clients who have a wide range of needs and objectives. Because of our strong core and technological experience, we can understand these diverse goals and customise solutions, enabling you to drive efficiency and growth.
Get in touch
Let’s talk about your needs.