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GRADATIM IT VENTURES

J

GRADATIM IT VENTURES

Insurance Services

Chennai



A Quality Product from
GRADATIM IT VENTURES [View Profile]
Chennai - India

Description :
All insurance companies have to deal with closed book policies. While the company has to honor these policies, they face many challenges in doing so. These include high cost of maintenance including dealing with legacy systems and low returns.

Gradatim can play a significant role for Insurers by managing their closed books in a very efficient and cost effective manner. Gradatim’s platform based closed book administration services will help Insurers reduce costs and improve customer satisfaction.

Gradatim’s closed book administration platform is futuristic and incorporates the principles of Service Oriented Architecture. Various business functions are encapsulated in to well defined modules that make it easy to customize. It is effectively integrated with workflow and BPM components to improve process efficiency and facilitate process optimization.

Gradatim’s closed book services covers both the core as well as non-core process and addresses the following:

Core Processes:

Billing and Collection

Invoice generation
Payment receipting
Reconciliation
Follow up
Lapse processing
Payment accounting

Customer servicing

Simple change requests
Complex change requests (with Contractual and Financial Implications)
Loans processing
Fund switches / Fund re-direction
Customer Enquiries (Non-voice related)

Claims processing

Registration
Follow up requirements
Process claims

Non-core processes:

Document Management Services (Scanning and Imaging)
Reporting

Gradatim adopts a proven methodology for knowledge transition and migration of closed books on to its platform. Gradatim believes in establishing long-term relationships with its customers and to be a partner in their growth and success. Gradatim offers attractive and customized pricing models to its customers for closed book administration.

Gradatim delivers value by:

Providing large domain expertise and knowledge of closed book administration
Bringing in knowledge of local regulations and geography specific requirements
Providing quality procedures meeting international standards
Delivering tailored solutions
Reducing cost structures, increasing operating efficiencies
Bringing the administrative cost per policy down
Releasing management time and capital::


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GRADATIM IT VENTURES

Gradatim offers Electronic Litigation Services that fulfill the client?s requirement for accurate information in a cost effective manner. At Gradatim, we understand the complexities associated with the legal and consulting industry. We are a pioneer in providing Business Process Utility services and our technology services enable you to deal effectively with today's information overload and the need to find the critical items that build your legal case. Through an optimal combination of technology, experienced professionals and large processing capability, we provide tremendous value to companies across geographies seeking comprehensive legal discovery solutions. ?Offering high quality yet affordable solutions? is our distinguishing factor. We aim to be an enabler in providing solutions and services, in a highly secured environment, and throughout the legal discovery lifecycle. Our technology enabled services will help in identifying, filtering, searching, reviewing and preserving the electronic documents such as e-mail, text files, databases, presentations and spreadsheets. These may be relevant in a legal dispute, regulatory investigation and arbitration. Our specialized discovery and document review services are provided on a hosted technology platform. Leveraging on a pool of highly qualified and skilled personnel, we also offer data gathering and large volume data scanning services. These services help to present information in a comprehensive manner enabling you to mitigate risk, control costs, and access critical information, anytime, anywhere. Apart from enabling lawyers, our services can also assist investment bankers and auditors by gathering and managing large volumes of complex information from different locations efficiently. Typically, in an M&A transaction, Gradatim can gather the data and host it in the technology platform and enable the consultants to perform Due Diligence on the target company.

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