Due to increased competition, consolidation, and demographic changes, the insurance industry is being increasingly challenged to maintain their normal margins.
SOME OF THE ISSUES FACED BY THE INSURANCE INDUSTRY ARE:
Legacy systems that are cumbersome to integrate with web based systems to provide an effective customer experience.
Ability to quickly introduce new products to retain market share.
Reduce cost of doing business without affecting the quality of service to the customers.
Ability to analyze customer data for continuous innovation.
Investments in IT assets have become increasingly important to reach out to a wide customer base to provide a better quality of service effectively. Knot Solutions domain expertise can help your organization in reducing the total cost of ownership for these strategic initiatives. Knot Solutions expertise in legacy integration, legacy migration, process re-engineering, rules management, application development, and testing can provide effective, flexible solutions in your business processes including:
Multi Rate Integration