Insurance companies
Team at work
Team RealXS offers insurers the option of making insurance products available, quickly and efficiently. Both old and new - innovative - insurance products can be installed and offered without the help of IT specialists. These products can then be offered directly or via the appointed intermediary, using a website and you can monitor or maintain and renew your book of business.
From small-scale to large-scale
In the past, an insurer could derive its right to exist from a premium volume of €100 million or more:
A more efficient organisation necessitated a merger.
The cost of automation is skyrocketing?
Distribution direct or via intermediary?
Reinsurers think you are too small?
Then it makes sense to seek cooperation.
Insurance Law Manual
Transferring knowledge to a system = saving knowledge for the future
Hundreds of insurers have been forced to cooperate, merge or acquire others. As a result, specialisms may be lost. Storing knowledge is even more important than transferring it!
Direct writing / Indirect Writing
Where previously there was a clear dividing line between Direct Writers and insurers offering their products exclusively through independent advisors / the intermediary, most insurance houses now offer products through both channels.
From large-scale to small-scale
Many times it turns out to be more efficient and effective if insurers outsource certain tasks to the specialised intermediary. RealXS software offers insurers new opportunities for efficient portfolio management. With the option that they can keep a close eye on developments.
More efficient at work
The shortage of well-trained applicants is distressing. Even in the insurance industry. Outsourcing is an option that should be seriously considered again, because:
Thanks to
- the robot-Underwriting;
- automated bid processing;
- integrated financial-administration;
- tailor made IPID;
- automated policy formatting;
- and digital-signing by the insurer himself,
unprecedented new opportunities for an efficiënt approach, in which the intermediary can play a greater role, arise.