Today insurance industry faces numerous challenges in order to pursue their business growth and maintain profitability. Their path to profitability is increasingly being challenged by rising costs of operations, regulatory pressures, improper business-IT alignment, outdated technology infrastructure and inflexible enterprise architectures.
Based on its strong experience of working with a lot of Insurance companies, Damco is conversant with most of the challenges insurance industry is facing today. We take pride in our rigorous technology capabilities as well as domain expertise on Insurance. Leveraging our extensive experience of working with various insurance companies, Damco has developed InsureEdge – a solution framework for insurance providers which:
InsureEdge covers multiple lines of businesses in Life and General Insurance.
Life Insurance: Group Life, Loss of Employment, Term Life/Whole Life, Creditor Life, Accidental Death and Disability, Group Health, Critical Illness, Funeral Grant, Guaranteed Life, Group Pensions.
General Insurance: Property – Commercial/ Homeowners, All Risk – Jewelry Insurance, Fire & Special Perils, Motor Personal/Commercial, Commercial Fleet, Road Side Assistance, Public Liability Insurance, Workmen’s Compensation, Marine Insurance, Erection All Risk, Fidelity Guarantee, Goods in Transit, Plate Glass, Machinery All Risk, Money Insurance, Consequential Loss, Professional Indemnity, Advance Payment, Bid/Tender, Computer Insurance, Burglary Insurance, Electronic Equipment All Risk, Contractor All Risk, Customs Bond, Retention Bond, Supply Bond, Performance Bond, Travel Insurance, Aviation Insurance, Mortgages, Umbrella Policies.