Working closely with our Insurance industry clients, we have increased their operational effectiveness and efficiency by enabling them to outsource non-strategic processes and refocus resources on core activities. We achieve this through a powerful combination of Insurance domain expertise, process excellence and a flexible, responsive and personalized approach to service.

The Vision approach has helped our clients reduce the time-to-market required for new product and service introductions, and has lowered operational costs. Our long-term relationships and high rate of repeat business are a testimony to the success of our approach. With a track record of supporting over 20 million life and retirement policies and more 12 million claims transactions annually, we are a preferred partner for leading global Insurance companies.

Our IT consulting and software services span a range of Insurance lines of business including Life, Annuities, Health, Property and Casualty and Reinsurance.

We partner with Insurance clients in a variety of engagement models, based on their requirements. We offer deep experience in all stages of the Insurance business cycle, such as :

          • Agency Management

          • Underwriting Solutions

          • Proposal & Policy Generation and Distribution

          • Policy Administration

          • Claims

          • Compliance

          • Accounting

          • Trading & Investments

          • Statistical Reporting

          • MIS.

Our key service offerings include:

          • Application Development & Maintenance.

          • Business Analysis and Process Consulting.

          • Business Process Outsourcing.

Solutions to Help You Succeed in a Constantly Changing Environment
If there's one constant in the insurance industry it's change – deregulation in the financial services market, consolidations, a volatile regulatory climate, and rapidly evolving Internet services. To gain a competitive edge, insurance companies need to leverage all their information sources more effectively to streamline and automate business processes, elevate efficiencies and productivity, and retain and acquire new customers.

Vision’s market-leading integration technologies can help insurance companies :

          • Optimize agent networks, improve risk management, and maximize investment returns through
            better access to analytic tools.

          • Fight insurance fraud and lower claims adjusting, processing, and loss expenses through data
            integration and information sharing.

          • Enhance customer service through better access to claims and customer information.

          • Quickly implement architectures compliant with HIPAA, and other evolving standards.