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Insurance

We are a leading Insurance domain and technology experts with a focus on keeping pace with evolving market, dealing with new regulations, cloud solutions, predictive analytics, and digitalizing the customer experience with delivery of innovative insurance solutions. Our in-depth knowledge, extensive insurance industry experience, technology, proprietary tools, methodologies, and frameworks enable insurance organizations to profitably improve and build digital future of their business.

We, at Damco, understand the needs of the Insurance industry and support via our comprehensive rapid deployable solution InsureEdge and other custom solutions to manage the entire value chain.

Our Insurance Services

  • Consulting
    • Domain
    • Strategic Business
    • Technology
  • Customer Experience
    • Digital Transformation
    • Mobility
    • Self Service Portals
  • System and Process Optimization
    • Regulatory Compliance
    • Business Process Automation
    • Sales and Marketing Automation
    • Claims Processing and IT Enabled Services
  • Core Platform
    • Platform Development and Enhancement
    • Platform Modernization
    • Enterprise and Third Party Integrations
    • Security Auditing and Testing
    • Infrastructure Management
  • Insights and Technology
    • Enablers
    • Big Data and BI
    • Predictive Analytics
    • Internet of Things

How We Help

Insurance Providers

  • Product Management Systems
  • Policy Management Systems
  • Claims Management Systems
  • Re-Insurance Management Systems
  • Document Management Systems
  • CRM
  • Management Dashboards
  • Statutory Reporting
  • Digital Transformation
  • Marketing Automation
  • Integrations with
    • Agency Management Systems
    • Comparative Raters
    • Accounting Systems CRM
    • Premium Finance
    • ISO and Other Statutory Bodies
    • Third Party Applications
    • Payment Gateways/ ACH Systems

Agencies/Brokers

  • Agency Management Applications
  • Comparative Raters
  • Agency Portals
  • Third Party Integrations

Our Success Stories

We have many success stories, where leading life insurance, Auto and Home Insurance Companies, General Insurance Companies, and Agencies have engaged Damco for various technology solutions for their distinct needs:

  • Development of Property and Casualty Insurance System for a major Auto and Home Owner Insurance Company. The system has web-based access for agents, automated servicing of policy documents, reporting tool to consolidate all reports, statutory compliance for various states, integrations with MVR, claims management, integrations with various agency management applications, PC rater systems and web service providers using ACORD XML standards.
  • Application maintenance and support of a homegrown Insurance Management System for a major Life Insurance Company.
  • Development of custom Insurance Management System for a major Commercial Insurance Company. The modules include Policy Management, Claims Management, Insurance CRM, Management Dashboard, integration with third party applications like Quick Books and data migration from legacy application.
  • Development and maintenance of a business-critical web-based quote and policy management application for a large property and casualty insurance company. Also, we did integrations with third-party applications like QuickQuote and PC Raters.
  • Implementation of InsureEdge, Damco’s proprietary Insurance management platform, for multiple insurance companies
  • Transformation of a legacy policy management application of an Auto and Home Insurance Company into a web-based application.