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INSURANCE

Future-Fit Insurance Services

The insurance landscape is undergoing rapid transformation, driven by the emergence of insurtechs and disruptive business models such as pay-per-use, dynamic pricing, and personalized discounts. At Softtek, we empower insurers worldwide to navigate this evolving terrain by modernizing their operations and transcending outdated legacy systems. Our innovative IT services prioritize customer-centricity, driving profitability, optimizing resource utilization, and facilitating forward-thinking insurance solutions.

Customer intelligence. Lean operations. Revolutionary business models. With the right partner, any insurer can run like a tech company. Let’s define the future of insurance, together.

 

Agenda for Insurance

Insurance organizations today are faced with a short- and long- term agenda and must make swift judgements to address the following focus areas:
1-business-model

New business models and personalized products according need to meet customer needs.

2-generative-ai

Enhanced risk assessment, optimized processes, and personalized experiences through GenAI.

3-process-automation

Process Automation to add value, integrate data, and boost sales.

4-personalized-experience

Seamless, personalized experiences to redefine customer engagement ingeniously.

5-core-modernization

Modern cores, cloud-based, and low-code adoption to revolutionize operability.

6-embedded-insurance

Provide integrated coverage directly within the purchase process for immediate protection through Embedded Insurance.

Softtek delivers the strategy, capabilities, and key accelerators to help insurers evolve

We enable evolution through data-centered solutions, AI, automation, and digital channels, supported by accelerated innovation models and globally optimized intelligent technology management models.

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Use smart analytics for risk assessment and customer segmentation
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Leverage AI & cognitive automation for claims, underwriting, and fraud detection
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Implement Agile/SAFe methodologies to enhance product development and expedite delivery
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Digitize operations and improve customer experience with digital enablers and accelerators
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Launch new business models that maximize competitiveness in a digital environment
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Strengthen cybersecurity measures

A Tech-Forward Insurance Transformation Ally

We empower global insurers with modernized IT solutions, enhancing profitability and facilitating innovative insurance offerings in a rapidly evolving market.

Comprehensive Insurance Core System Support

The revolution in insurance cores is fueled by the need to swiftly adapt to a rapidly changing digital landscape. We provide support for the different types of insurance cores in the market.
World Class

Operational efficiency
Profitability
Improves customer experience
logos-world-class

Niche Player

Optimize operations
Respond quickly to changes in the market
Stay competitive
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Middleware Platform

Connectivity, efficiency, and agility
Robust and scalable technology infrastructure
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Our services and solutions

Softtek has created a series of solutions that can be implemented and deployed flexibly to tackle the challenges facing the insurance industry.

AI, GenAI & RPA


Automatic Appraisal
Damage Estimation & Fraud Detection
New Digital Products

Nearshore Digital Services for Insurance


Product Consulting
Application Transformation
Digital Solutions Development
Scaled Agile Product Development
Continuous Product Engineering & Operation
Modern App Development

Smart Analytics & CX for Insurance


AI Driven Insights
360 Customer Analytics
Digital Marketing

Next-Gen IT Operations for Insurance


Application Management Services
Service Desk
Infrastructure & Platform Management
Cybersecurity Management

Quality Engineering Services and Intelligent Test Automation


Test Transformation
Intelligent Test Automation
Cognitive Testing Automation for Software & Apps

Insurance CoE & Consulting


Certified Teams & Talent Generation
Insurance ALM Systems
Regulatory Change
 
 

Partners

logo3-aws

logo1-guidewire

logo2-insuremo

logo10-ebaotech

logo4-microsoft

logo5-oracle

logo6-salesforce

logo7-sap

logo8-socotra

logo9-vlocity

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