Synechron

Rest assured in the knowledge that smart choices with powerful analytics have adapted to the climate of new business processes, compliance and regulation demands. Comprehensive IT-powered solutions have evolved to deliver agility, intelligence and performance which delivers optimized customer response and service continuity.

Synechron's clients in the Property & Casualty insurance domain include world's leading Claims Administrators, Risk Managers and Underwriters. Our team has extensive experience delivering solutions for various markets including:

  • Property
  • Auto
  • General Liability
  • Hi-Tech Consumer Goods (Electronics and Mobile Handsets)
  • Marine Insurance

Our clientele includes a range of industry providers

  • Insurance Software Product Firms
  • Insurance Brokers
  • Managing General Agents
  • Underwriters
  • Re Insurers
  • Self-Administered Organizations
 
 

Systems developed by our teams support a wide range of insurance operations

Agency and Channel Management

  • Pre-sales, CRM, BRM
  • Channel/Agency Management
  • Rating Underwriting
  • Quoting

Policy Generation and Administration

  • Policy Issuance
  • Billing
  • Dividend Calculation
  • Endorsement
  • Renewal
  • Carrier Data Integration
 

Claims Administration

  • Incident Reporting (FROI/SROI)
  • Loss Adjustments & Estimations
  • Reserves
  • Recovery - Salvage & Subrogation
  • Payments and Recoveries
  • Medical Billing

Risk Management

  • Incident Reporting
  • Location based Claims Assessments
  • Dashboards (Loss Adjustment, Geographic, Demographic, Policies, Lines of Business)
 

Regulatory and Compliance
Reporting

  • ISO, OFAC, NCCI, NAII, NAIC
 
 

Case Studies

For a Major Insurance Services Provider

Challenge:The client, a loss recovery and restoration expert needed a custom-built solution, precisely aligned to the needs of insurance adjusters, contractors and insured parties.

Solution: Synechron partnered with the Inergy Group, a premier design & information architecture firm, based in CT to provide an end-to-end solution.

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