sensiple insurance solution
TRANSCRIPT
VISIONEERING.THE CHANGE1
OUR OFFICES
CORPORATE OFFICE
Plot No: 9/A15, SIPCOT IT Park Padur PostSiruseri, Tamil Nadu 603 103, IndiaPhone : +91 44 4741 9000Fax : +91 44 4741 9100
662, Woodlands Ring Road, #5-226Singapore 730 662Phone : 65 6279 1053
OMAHA OFFICE
13011 Scott StOmaha, NE 68142Phone : 402 505 7790Fax : 402 505 7798
1000 Route 9 North, Suite 303Woodbridge, NJ 07095Phone : 732 283 0801Fax : 732 283 0489 Fax : 732 283 3775
OFFSHORE OFFICE SINGAPORE OFFICE
15years
IRDA Compliance for Motor Insurance Policies
VISIONEERING.THE CHANGE2
IRDA in Nov 2015, launched a new guideline
ALL RIGHTS RESERVED 2015 - SENSIPLE
Source:https://www.irda.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo2665&flag=1
• The policy is first to be adopted by Telangana and soon to spread to rest of India
• Motor policies are required to be issued in electronic format in addition to manual format
• Motor polices should have a QR code and this needs to be incorporated in Form51
• QR codes should allow verification of policy’s authenticity
• Users should have provision of scanning policy from mobile device and retrieving the policy from internet
• Insurance providers can setup self service portal for motor insurance where policies can be tracked and operated
• Electronic policies should be mobile friendly and can be downloadable to a mobile device
• Ability to map KYC process to the Electronic Insurance account and not asking the information repeatedly from the end customer
VISIONEERING.THE CHANGE3
This guideline will soon hit mass adoption to other Insurance areas (life+ non life) as well as become a norm
ALL RIGHTS RESERVED 2015 - SENSIPLE
• Insurance providers are in need to maintain all customer policy at a single place (Self service portal)• Policies should be downloadable and referenceable through mobile + online channels• Need for reducing frauds, tracking past histories of policy usages etc• Integrating with other policies of the customer (from other IR providers) and providing a single view• Transparency to Information covered in policy and what is not covered to keep end customer informed
VISIONEERING.THE CHANGE4
What is required for an esteemed organization such as yours:
ALL RIGHTS RESERVED 2015 - SENSIPLE
• MULTI CHANNEL SELF SERVICE POLICY PORTAL – which supports both mobile and web customers to self service
• Ability to integrate mobile camera which can be used to scan the QR code and recover policy document
• Roadside services and assistance / ability to upload photos of accident -car / bike damages (photo from mobile device)
• Policy coverage information on mobile and ability to look up policy details using a QR code
• Sending push notification via whatsapp when policies are about to expire (Saving SMS cost)
• Location based services that allow finding nearest hospital to admit patient/ car dealer information etc.
• Tips and safety information for the end customer
• Backend connectivity to surveyor, dealer to provide real time information on damage
VISIONEERING.THE CHANGE5
We are a right sized partner with 15+ years of Insurance experience …
ALL RIGHTS RESERVED 2015 - SENSIPLE
Founded 1999
Delivery Center Chennai, Tamil Nadu, India
Verticals BNFS, Healthcare, Retail, Logistics and Telecom
Certifications ISO 9001:2008
Partners Microsoft Gold Partner, Amazon Web Services, Stibo Systems, Soasta, Widen, Puppet Labs, Zoho
Employees 400+
1999 2006 2010 2015
• Incorporation of Sensiple Software solutions
• ISO 9001:2008 Certified
• Insurance offerings
• Investment in partnership with Microsoft
• Microsoft Silver partner
• Multiple verticals including trading, healthcare commenced
• 100+ team size crossed
• Mobile based solution delivered
• First customer from APAC (Singapore)
• BNFS/Insurance/Healtcareservices
• Won Large program from a $4Bn Healthcare major
• First customer from UK
• Grows to all time high of 400+ team
• Organizes events on Social Media, multiple webinars
• Two solutions developed including password reset and multi channel Sensiple notification system
VISIONEERING.THE CHANGE6
OUR OFFICES
CORPORATE OFFICE
Plot No: 9/A15, SIPCOT IT Park Padur PostSiruseri, Tamil Nadu 603 103, IndiaPhone : +91 44 4741 9000Fax : +91 44 4741 9100
662, Woodlands Ring Road, #5-226Singapore 730 662Phone : 65 6279 1053
OMAHA OFFICE
13011 Scott StOmaha, NE 68142Phone : 402 505 7790Fax : 402 505 7798
1000 Route 9 North, Suite 303Woodbridge, NJ 07095Phone : 732 283 0801Fax : 732 283 0489 Fax : 732 283 3775
OFFSHORE OFFICE SINGAPORE OFFICE
15years
Call for Delivery Transparency