Are you having trouble to standardize and streamline your policy issuance process? Is your organization looking for ways which will help in improving the entire policy issuance process more efficient? Then, the best option for you would be to outsource policy issuance services to an experienced service provider. Outsourcing policy issuance services will provide you with more time to focus on your core activities.
Outsource2india is one such insurance back-office service provider who can be your one-stop-shop for all your needs. We leverage the best and the latest insurance tools and technologies while delivering quality policy issuance services within quick turnaround time. We have some of the most talented and skilled insurance experts who are onboard who can cater to any of your needs.
Policy Issuance Services We Offer
Having been in the industry for over two decades now, we understand each of the client’s unique requirements and provide them with customized services. Our services help organizations to streamline their policy issuance process within quick turnaround time. Some of the key policy issuance services we offer include -
Policy Detail Verification
We help clients to collect any kind of missing information and other customer information. We undertake a detailed review of all the information and verify it thoroughly which helps you reduce inaccuracies and errors. This, in turn, helps in reducing the turnaround time for policy issuance.
Submit Missing Information to Underwriters
Our team at Outsouirce2india ensures that we find all the missing information in the policy and provide them to the underwriters to avoid any mistakes. We communicate with underwriters promptly and keep them updated about all the project developments and help you streamline the policy issuance process.
Generate Policy Setup Document
Once the information is reviewed and verified, we enter all the information into the CRM systems. We leverage a plethora of insurance policy issuance software which is best suited to the client’s requirements. Our team ensures that all the requirements for policy issuance are met in the best possible manner.
Issue Final Policy
We work closely with your underwriters which enables us to deliver the final policy to the customer within a quick time. We keep your team updated and provide real-time information which helps us to issue the policies on time. This helps insurance carriers to focus on their core tasks with ease.
Outsource2india’s Policy Issuance Process
Having been a leading policy issuance service providing company for over 25 years now, we believe in providing our clients with the best possible services. This is only possible by leveraging a streamlined and systematic process for policy issuance. Some of the key steps involved in our process are -
01. Find an Insurable Object
In the first step, our team finds the right objects to be insured. It can be home, vehicle, medical, and so on
02. Create an Insurable Object
If the object does not exist in your company policy, our team can help you create a specific policy and create the terms and conditions for the same
03. Insurance Contract
Once it is approved, we send the application for policy issuance to the customer to gather vital information such as name, policy term, insurance, etc.
04. Contract Review
The insurance policy agreed upon by the client is created and reviewed. This is to ensure that all the details in the policy are accurate and verified
05. Policy Issuance
The insurance policy is created and issued to the client. This ensures that the customer is entitled to all the benefits mentioned in the policy
Other Service You Can Benefit From
Why Choose O2I for Policy Issuance Services?
Outsourcing policy issuance services to Outsource2india can provide you with a series of benefits which you can take advantage of. Some of the key reasons for you to choose us include -
Outsourcing policy issuance services to us can prove to be highly affordable. We provide our clients with highly flexible pricing options which will suit the insurance carriers’ business requirements and budget perfectly.
We know the importance of great infrastructure while delivering quality services to insurance carriers. We have access to the best in terms of the latest and the best insurance tools and technologies and international-standard workspaces.
Experienced Insurance Experts
We have a highly experienced and qualified team of insurance experts who have over 100+ man years of experience in the insurance industry. This makes us capable to understand each client’s requirements and cater to any of the client’s needs with ease.
Single Point of Contact
When you choose O2I as your partner for policy issuance services, we will assign you a dedicated manager who will take care of all your needs. The manager will be the single point of contact for all updates and queries.
When it comes to insurance, we take your information security very seriously. We are an ISO/IEC 27001:2022 ISMS certified organization which ensures that all your insurance-related data is kept safe at all times.
Highly Scalable Solutions
Our team of insurance experts has the relevant experience, bandwidth, and skills to scale up the service requirements whenever needed. We can easily ramp up the number of resources for your project as and when you need it.
Quick Turnaround Time
We have over 10 delivery locations across the globe. This empowers us with a time zone advantage which enables us to deliver services within a short turnaround time without compromising on the quality.
Being a leading policy issuance service provider, we believe in providing 24/7 support to all our clients. All our teams including the sales team, marketing team, call center team, and project managers are available at all times to answer your queries via phone or email.
Error-free Billing Services
We believe in providing our clients with the best quality services. We are an ISO certified organization which ensures that all the services delivered by our team is of superior quality and is devoid of any inconsistencies.
Client Success Story
O2I Provided Insurance Policy Checking Services for NY-based Insurance Service Provider
Our insurance back-office support was provided to a New York-based risk insurance agency and the client bagged 22% profit by considering our affordable services.Read more
Insurance Account Maintenance for Insurance Agency
A leading US-based insurance agency was looking for a service provider who could help them with insurance account maintenance. Our team provided the services within a quick time.Read more
Outsource Policy Issuance Services to Outsource2india
Outsource2india has been a pioneer in providing quality policy issuance services in India and a series of other insurance back-office services to global clients for over 2 decades now. We have access to the best and the latest policy issuance tools and technologies which enables us to deliver quality services within a quick time. We have several highly experienced and skilled insurance industry experts on board who are geared up to take on any of the client’s requirements with ease.
Are you looking for a quick, cost-effective, and efficient policy issuance service provider? Then get in touch with us today!