Gain greater profitability, seamless business processes and improved customer value

Today’s insurance corporations exist in a world of intensifying competition, growing customer voice and complex regulatory change. Mergers, joint ventures, cost reductions and structural changes are dominating the headlines. With customer loyalty on the wane, tougher competition and increasing cost pressure are forcing the industry to give more thought to the effectiveness of its own organizational structure and its future direction. Conclusions indicate that there is no alternative to standardization and industrialization.

Simultaneously, enormous opportunities present themselves in shifting demographics, opening markets and a burgeoning global middle class. If life and general insurers are to remain financially viable and triumph in their chosen segments, they need to transform their complex organizations into lean, scalable operations delivering on greater profitability, seamless business processes and improved customer value. A host of competing issues surround every decision maker in the insurance world – from regulatory compliance and product innovation to agent collaboration and customer management, from enhanced risk management and straight-through processing to platform integration and strategic IT utilization.

Our Offer

Our solutions help you to significantly improve your competitive position and customer loyalty while at the same time lowering your costs.

Our services range from strategic consulting to the implementation of specific IT solutions, right through to providing support for your operations. Our outsourcing bandwidth ranges from managing your IT infrastructure to performing entire business processes for you. Professional services with a focus on IT consulting and systems integration round out our portfolio.

Your objectives	Our services
Insurance solutions	Document management, process and workflow optimization and implementation, IT innovation and optimization, selected transaction processing, telematics-based PAYD services
Market and product development	Multi-channel integration, contact centers.
Security and biometrics	IT and information security, biometric solutions (3-factor authentication)
Mobile technology	Mobile solutions for selling insurance
Flexibility and responsiveness	IT consolidation, IT standardization, integration of IT and communication, application management

Your Benefits

Insurance companies benefit directly from our competencies by delivering the full service chain from strategic IT consulting, best-of breed solutions through to IT consolidation and IT outsourcing.

We help you with all aspects of your information technology, thus enabling you to benefit from cost savings and freeing you up to focus on your core competencies. The name Siemens IT Solutions and Services is a guarantee for stability and quality. Industry expertise paired with technological skills enables us to serve your specific needs. Innovative service partnerships are our specialty.