Insurance
Cover that can be sold, paid and claimed by phone
Policy administration, premium collection and claims handling designed for low premiums and high volume.
Insurance
What makes this sector hard
- Premiums are too small to carry a traditional distribution cost.
- Claims verification depends on documents the policyholder does not hold.
- Actuarial models require local loss data that has not previously been collected.
What the group brings
- Policy administration and premium collection over mobile and agent channels.
- Claims verification using data the group already operates.
- Loss data collection that refines pricing at each underwriting cycle.
Related industries
Insurance
Talk to the team for this sector
Enquiries about this sector are received by the group’s commercial team, which involves Group Operations engineers where a technical assessment is required.