Complete Insurance Administration Suite
Stingray – the best insurance management system
The world is growing at a rapid pace in terms of technology and business. As towns get transformed into cities, more and more working opportunities are generated. People will avail good or services to improve their life, and the risk associated with living a secured life increases every day.
Money is the instrument to meet the materialistic requirements of mankind and one’s income source is the only mean by which one can earn it. However, life is too uncertain and can bring along a terrible accident or a sudden loss of employment opportunity. In such times, one will be left helpless and to avoid such a situation we have the insurance industry.
To cater the rising demands of the society and individuals, many insurance companies have emerged in the market. Many companies provide different kinds of insurance policies to cover the financial risk associated with your life. They offer variable investment vehicles, which not only act as insurance instruments, but also as savings instruments. Initially, when the companies were small, and the customer population was less, it was feasible for insurance companies to manage the transactions and operations in black and white. However, the growing size of the market has proposed the necessity to propose a better management system for insurance companies.
Many companies now avail the services of insurance management system provided by different IT companies. Stingray systems are one of the best among industries providing insurance management systems. For any insurance management system, it should be able to handle the entire lifecycle of insurance contracting to the back-end activities comprising of staff and resources management. From the time one proposes to sell an insurance policy, the system should be helpful until the time one receives claim or maturity.
Stingray systems provide component based insurance management system that is highly customizable and designed to match the diverse needs of the insurance company. From the day, the advisor pitches the potential customer about the policy with an insurance quote, till the day the company settles the maturity amount and related transactions, the system is active.
Stingray insurance management system is available as a web-based service, which allows the company’s insurance advisors to produce quotes directly. With information available quickly, the advisors can pitch the clients about various investment options as per their budget. This will otherwise be a tedious task, when paper-work and manual calculations would be required.
Integration of system with Ecommerce sites allows direct sale of policies, without the obligation of commission payment to advisors. The operations team benefits greatly with the online system by receiving information on demand, and things happen in a faster way in an insurance company.
Thus, the system proposed by Stingray systems is claimed to be best for managing the sophisticated working of the insurance company.