Blend together regulatory pressures, evolving customer demands, and increasing competition along with technological disruption and you will understand what insurers, brokers, and intermediaries are up against. Traditional SOPs relying on manual efforts and legacy systems are largely becoming obsolete, forcing insurers to adopt new technologies. In this scenario, Damco Solutions support digital vision of insurance businesses across property and casualty (P&C), life and annuity (L&A), health insurance, and group benefits, by addressing complex issues such as decreasing cost-to-serve, improving digital adoption and, reducing fraudulent claims and more. Underpinned by our expertise in technologies like AI/ML, data analytics, RPA, and Blockchain, we help insurance companies stay ahead of the digital curve with our tailored insurance consulting and technology services. Our end-to-end insurance technology services cover the entire value chain to meet the unique requirements of insures, agents, and intermediaries across different LoBs while meeting the regulatory compliance. We create the right digital ecosystem where a traditional industry like insurance not just thrives but accelerates innovation and responds to future disruptions in the most agile manner.
Meet policyholders’ evolving needs, improve operational efficiency of agents and brokers, and deliver new business growth opportunities with Damco’s tailored insurance consulting and technology services.
Experience a more manageable digital transformation through calculated and strategic technology deployments and upgrades with our expert technology consulting services.
Connect all stakeholders of your insurance business while enabling cloud transformation, process optimization, and operational realignment through feature-rich tech platforms.
Unlock highly efficient core insurance processes and improved policyholder experience through AI-powered processing of unstructured data documents including hand-written notes.
Simplify your insurance workflow with custom insurance software development, application modernization, and digital transformation programs, unique to your business goals.
Facilitate collaboration and communication between disparate insurance applications. Easy to implement, they help automate manual processes and reduce OPEX.
Strengthen your customer relationships with our proprietary InsureCRM and end-to-end third-party CRM implementations including Microsoft Dynamic, Salesforce, and Vtiger.
Leverage the AI-driven, integrated platform to streamline processes through system consolidation, empower your agency or brokerage, and maintain a competitive edge in rapidly digitizing markets.
Combine RPA with advanced technologies such as AI, ML, and process analytics to help businesses accomplish automation and end-to-end process transformation.
Improve accuracy of loss estimation reports, inject more credibility, speed and scale into your insurance claims adjustment for property damages during a catastrophe.
Grow your insurance business with effective digital marketing campaigns that help you reach new customers. Modernize your insurance business by building CRM solutions that are tailor-made for your processes and workflows.
Revolutionize customer experience by utilizing customer portals, chatbots, paperless claims, and policy owner servicing.
Leverage the power of new-age technologies such as Blockchain, RPA, AI, IoT, Big Data, predictive analytics, and ML to modernize business processes.
Minimized future losses and improved decision-making for a leading life insurance company with tailored Tableau-powered multi-measure dashboard.
Increase in achieved sales revenue targets and 60% reduction in policy purchase process TAT for one of the leading life insurance companies with intuitive and responsive mobile applications.
An annual savings of over $2 million dollars in terms of system maintenance and licensing costs for a leading life insurance provider with a tailored platform.
27+ years of experience in delivering insurance technology solutions
150+ Insurance projects delivered globally for 85+ global customers
Proven experience in all lines of Insurance business – property and casualty (P&C), life and annuity (L&A), health insurance and group benefits
Strong technical expertise in Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud and Mobility platforms
Cutting-edge insurance capabilities in IoT, AI, RPA, Machine Learning, Blockchain, and Data Analytics
Global presence with resource availability in the US, UK, Europe, Luxembourg, Caribbean Islands, and India
Our network of Global Partners work with us very closely to deliver world-class technology solutions for better business productivity and unparalleled benefits.