Outsourcing services and solutions from Outsource2india. Outsource2india provides business outsourcing across a range of services like call center outsourcing, data management outsourcing, financial services, software services and more.
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Home Financial Services Insurance Services Insurance Claims Administration

Offshore Insurance Claims Administration

Insurance Services

Outsource2india is a preferred offshore insurance claims processing organization with experience and insight into the offshore insurance claims administration business for over six years. We offer customized platforms, processes and resources specially designed for offshore insurance claims administration .

With market deregulation and escalation in risk as a result of natural disaster and terrorism looming large, the insurance industry is facing a lot of cost pressure. Any industry with an immediate need for cost cutting is an ideal contender for off shoring. Companies who must manage a large volume of insurance claims administration would do well to outsource. Outsourcing insurance claims administration provides immediate cost reduction. When considering an outsourcing partner, it is important to look for one with a track record of excellence. At Outsource2india, excellence is the buzzword.

Insurance Claims Administration services provided by Outsource2india

  • Claim setup
  • Claim eligibility and estimation
  • Claim document imaging
  • Disbursement
  • Full claim adjudication
  • Fast tract adjudication
  • Claim support and auditing
  • Account settlement
  • Modernization of legacy applications

Outsourcing insurance claims administration to O2I has additional advantages. Beyond saving operational costs, companies can also improve customer service, which leads to greater retention and higher profit margins. By processing claims efficiently, companies realize additional savings through lower cost of sales. Lower costs promote pricing flexibility and create new business opportunities. By offshoring insurance claims administration, companies can focus on their core business, improve competitiveness and overall performance. You can realize faster time-to-market on new products and services.

Our Skill Sets and Qualifications

  • We have a sound domain proficiency and system knowledge in offshore insurance claims administration and have facilitated outsourcing solutions to over 300 customers.
  • We offer an automated generation and archival process.
  • We work to spot potential problems ahead of time by driving projects through Failure Modes and Effect Analysis (FMEA) to avoid any disruption in work flow.
  • We reduce transaction processing time without compromising on quality and accuracy of transactions.
  • We provide legal and regulatory conformity on insurance laws including SOX and HIPAA.
  • We provide compliance with state, federal and industry regulated guidelines.
  • Our governance approach emphasizes on communication, commitment to partnership and collaboration with our customers to meet our promise to you.

Our Infrastructure

We are equipped with state-of-the-art technology and infrastructure with redundancy, fail over and load balancing features which enable us to achieve 99.99% reliability in the business of offshore insurance claims administration.

O2I has a 250 seat disaster recovery centre at Chennai with proven expertise in serving global customers in the BFSI sector to back up its business processes.

We provide sufficient bandwidth compatible with offshore insurance claims administration industry requirements.

We use onsite imaging facilities and globally connected workflows to keep your company connected with your customers and associates.

Outsource2india - Your offshore insurance claims administration partner?

We dedicate a single team to serve you in the business of offshore insurance claims administration. Outsource2india builds teams with the best and brightest members working together to serve you. In the offshore insurance claims administration business, we offer a degree of continuity, accountability and intellectual property protection assurance that is unmatched in the industry. By dedicating a single team to plan, develop, migrate, operate and optimize your processes, we eliminate the troublesome "hands off" steps that are common in BPO today.

Our aim is to migrate your processes speedily and seamlessly. We are dedicated to adding value by generating savings, improving and increasing your core process capabilities.

Contact Outsource2india to give your business the extra edge.

O2I’s Financial Services

Accounting and Finance Services: Outsource Write-Up, Bookkeeping Services , Accounts Payable, Accounts Receivable, Financial Reporting and Accounts Reconciliation services to O2I for proficient and cost-effective services.

Tax Preparation Services: Outsource Tax Return Processing and Tax Preparation services to O2I and benefit from maximized efficiency and profits. Give your business a competitive edge with our efficient services.

Financial Analysis Services: Outsource Financial Analysis services to O2I for accurate, reliable and competent services delivered within a fast turnaround time. Improve the financial health of your organization with our professional services.

Payroll Processing Services: Outsource Payroll Processing services to O2I to reduce your operational costs by 40-50%. Relieve your organization from mundane administrative tasks. Outsource to O2I and concentrate more on your core business.

Insurance Services: Outsource Life Insurance, Property and Casualty, Annuity Insurance, Insurance Policy Administration, Insurance Agency Management, Insurance Claims Administration and Insurance Data services for increased profits.

Outsourcing to India: Discover Why India is an ideal place to outsource to, Read more on Why Outsourcing has become necessary and find out more on What services can be outsourced to India.