Product Licensed: Employee Health and Other Insurance Benefits
. Key Stakeholders: A leading Insurance Broker with more than 1000 corporate clients pan-India.
. Business Challenge: To provide Group Insurance policies to their clients, customized to their specific needs.
. Solution: The Exegesis Employee Benefits solution empowered the Insurance Broker to design group insurance policies that can be configured at multiple levels (Grade wise, Dependent Wise, Benefit wise etc).
. Advantage: The solution enabled the Insurance Broker to allow its corporate clients to design group insurance policies for their employees as per their needs. It provided flexibility to the Insurance Broker to tailor-make policies rather than use off-the-shelf policies provided by Insurance Companies. This flexibility allowed the Insurance Broker to gain more client wins and negotiate better terms from Insurance Companies on behalf of its clients. The Smartphone / TAB App enabled corporate employees to get a 360 degree view of their policy and served as a handy tool for follow-ups.
Product Licensed: OEM-Dealer Management
. Key Stakeholders: A renowned international Insurance Broker having tie-ups with multiple Global Motor Brands (OEMs) for issuance of motor insurance policies to customers buying their vehicles from their authorized dealer network in India.
. Business Challenge: OEMs needed a solution to increase their brand recall and promote effective customer post-sale loyalty. They were also looking for increased cooperation with their dealer network and Insurance companies. The Insurance Broker wanted a solution that offered a multi vehicle platform and was adaptible to multiple OEMs/Motor Dealers.
. Solution: The Exegesis OEM-Dealer Management solution empowered the OEM to increase their brand awareness and post-sale loyalty using motor insurance. The solution offered the Insurance Broker a single secure platform where Dealers / Insurance Company / Assisted sales / OEM can log in and execute / view their respective operations with respect to policies sold via the solution.
. Advantage: The solution offered a single platform to multiple stakeholders - the Insurance Broker of excellent repute, strong pan-India network and experience in brand promotion via Insurance; the OEM with a strong dealer network looking for increased brand recall and customer loyalty; and the Dealers looking for a seamless experience to issue motor insurance policies to their customers. The Smartphone / TAB Apps also enabled the OEM, Broker & Dealer to gain a 360 degree view of the business done through the platform.