Insurance Policy Checking and Administration

Insurance policy administration and policy checking is a huge role carried out by most of the insurance carriers. Insurance companies are one of the busiest companies as they have to deal with thousands of new applications, renewal applications, and following up with agents and clients for various issues. Right from the time when an insurance company acquires a new customer, their business will continue to grow over time making the policies grow with them.

Outsource2india's streamlined insurance policy administration and policy checking services considerably reduces average handling times, training costs and errors while upgrading service quality and revenues. We provide our customers with world class services and a great customer experience. We work with small and mid-sized insurance agencies which provide customized back-office operation services to clients around the world.

Outsource2india's Policy Checking Services

We have been in the insurance industry for more than 21 years now. Our vast experience of having worked with different clients around the world helps us understand different businesses and provide the services accordingly. Our policy checking services include -

• Reviewing the policy document for completeness and accuracy
• Ensuring the policy matches with the proposal
• In case of renewals, ensure that it policy matches the previous term policies
• Recording any kind of variance based on findings of the review
• Reporting the differences to the insurance carriers
• Requesting revision of the policy document
• Ensuring that the final document is received without any variances

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Insurance Software we use

Our Policy Checking Process

Outsource2india's Policy Administration Services

Along with Policy Checking, our team is also adept at handling all your policy administration requirements. Our range of policy administration services include -

• Receiving adjustment requests from clients
• Analyzing and evaluating the changes requested by clients
• Checking if the change request will require any further change in the policy premium
• Issuing insurance certificates
• Creating quotes
• Verification of the details in the Quote, Proposal and Policy
• Requesting loss runs
• Reviewing policy accounting history

Our Services Cater to the Following Verticals

Outsource2india has the required expertise to work with clients from different backgrounds and verticals. Some of the verticals we cater to include:

Life Insurance Services

Annuity Insurance Services

Property & Casualty Insurance

Motor Insurance

Health Insurance

Liability Insurance

Why Choose O2I for Policy Checking & Administration Services

All our insurance specialists have a minimum of 5 years of experience and are capable of handling any kind of request. Outsource insurance policy administration to us and take advantage of the following benefits -

• We have highly skilled resources from around the world who are trained to handle any kind of policy checking and administration requests
• We provide cost-effective services within a quick turnaround time with the help of our multiple delivery centers around the globe
• We believe that security, authentication and authorization, privacy and integrity are of utmost importance in insurance business
• We follow strict confidentiality agreements and you can be assured that the data you share with us is completely safe
• Our team has extensive experience in managing all agency management systems like Hacksoft, Insurance, Nexsure, AMS 360, salesforce and Bill.com for financial and accounting clients
• In case of any absenteeism, we provide backup resource to ensure your business faces zero impact

Outsource Insurance Policy Checking and Administration Services to O2I

Outsource2india has been providing quality policy checking and administration services and a wide range of other insurance back office support to clients around the world. Our cost-effective services help our clients to save considerable amount of time and money which would otherwise be invested in hiring an in-house insurance management team. Our highly skilled professionals have an expansive amount of industry rich experience that enables them to meet the international standards of the insurance industry.

Write to us or talk to one of our representatives from the client engagement team and we will be more than happy to help you.