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Oracle Accelerate solutions for Insurance enable you to
| Increase revenue through distribution management and customer service |
- Manage multiple, complex distribution relationships
- Support balance marketing campaigns across agent, broker, and direct channels, and streamline lead management
- Increase understanding of customers, markets, and distribution
- Enable multi-channel service for distribution partners and customers
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| Enable flexible and efficient core business processes |
- Reduce claims expense while improving the customer interaction experience
- Support complex direct and agent billing
- Support integrated, auditable, paperless business processes
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| Improve corporate governance through business intelligence and risk management |
- Provide actionable customer and product profitability insight
- Deliver financial and operational business transparency
- Create a foundation for regulatory compliance to meet local, state and federal regulatory needs
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| Provide efficient and effective operational support |
- Increase employee/agent knowledge and retention while reducing training costs
- Manage statutory and GAAP environments to support global insurance reporting requirements
- Manage multiple financial environments for multi-line companies globally
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| Evolve to an agile, intelligent and secure platform for next-generation services |
- Enable new services across product silos
- Gain real-time insight across all channels
- Secure customer data and assess for risk and compliance reporting
- Selectively consolidate legacy systems onto open standards platform
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