The growing pace of digitalization has brought the insurance industry on the verge of a fundamental change. Under such a scenario, insurers are realizing the importance of creating platforms and ecosystems that help them mitigate risks and develop new sources for revenue generation. However, many of them struggle to build organizational and technical foundations needed to do so. These businesses require platforms that help multiple participants such as agents, brokers, carriers, and insureds connect, interact, and create value.
Damco’s insurance platform services are designed to shift insurers from complex core systems to agile, flexible, and innovative business models. Our powerful in-house technology platforms for insurance companies, MGAs, and wholesale brokers across value chains and lines of businesses have given us a unique edge in this space. We also possess strong capabilities in implementing and supporting third-party platforms such as Guidewire, Concentrix GIAS, Ingenium, Page, Majesco, Salesforce, and many more.
Damco’s insurance platform services are uniquely positioned to enable rapid renewal, process optimization, cloud transformation, and realignment of business models. Here are some of our key offerings:
Select insurance platform, develop a roadmap, create IT strategies, and implement change management approach.
Platform Development & Enhancements
Develop feature-rich platforms and undertake platform extension, customization, and feature enhancement.
Manage technical and functional design, workload integration, process configuration, and deployment.
Enterprise and Third-Party Integrations
Integrate insurance platform with other enterprise and third-party applications such as CRM, ERP, and portals.
Modernize legacy applications by moving them to cloud-based, microservices-enabled digital insurance platforms.
Enable system integration and optimization to reduce siloed systems/applications and leverage a unified platform for easy user access.
Maintain your cloud infrastructure and ensure systems are up and running with regular health checks by our experts.
Security Auditing and Testing
Ensure secure user access and data flow with our timely scheduled security audits and tests.
Help & Support
Leverage support features such as client helpdesk, incident management, issue resolution, and managed services.
We have partnered with some of the leading technology providers and our team holds deep expertise in implementing tech platforms such as:
Damco’s powerful insurance accelerators and speedy implementation strategy enable quick go-to-market strategies.
Reduced Ownership Costs
Expediting lifecycle by 35% helps reduce ownership costs by up to 25%.
Global teams with 700+ experts with multiple skills and capabilities enable scalable insurance platform services.
Experience across niche sectors allows us to offer customized solutions, services, and products.
Multiple proprietary solutions for enhancing operational effectiveness, digital transformation, and customer experience.