Case Study

Automation of The Policy Processing (TPP) Process

Automation of The Policy Processing (TPP) Process

Pages 11 Pages

Open Source | Cloud | Automation Automation of The Policy Processing (TPP) Process India’s Leading Life Insurance Company CIGNEX Confidential Product Categories Life | Health | Pension | Annuity 2 Automation of The Policy Processing (TPP) Process AUM 68,471 Cr Location 269 Offices Founded in Y2000 Sum Assured 9,13,660 Cr Solvency Ratio 242% Claims Paid 98.74% Persistency 83% 5 th Largest Insurance Company in India Product Coverage Child Protection | Retirement | Savings | Growth Distribution Channel Banks | Individual agents | Brokers | Corporate agents CIGNEX Confidential • Business Needs – To reduce the turnaround time of policy issuance – To automate Case Initiation (CI) & Data Entry (DE) bucket for E-com team for STP cases – Implementation

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