Hansa Solutions: Automating Detailed Insurance Processes
The deployment of digitization, AI and machine learning technologies in insurance industry has become critical in order to improve business workflows while streamlining legacy applications. Insurance agents now count on sophisticated systems for precision, and flawless automation of existing customer-facing, underwriting and claims processes. Headquartered in Hyderabad, Hansa Solutions has been continuously transforming the insurance workflow by inventing advanced systems with Artificial Intelligence and complete automation of Policy Administration.Improving the efficiency of bottom line and the experiences of the end users enriches insurance industry in terms of revenue and efficiency. This requires advanced solutions and products that can step up the businesses in this segment. Leaving no stones unturned, Hansa Solutions, with a profound R&D at industry level, has developed Generic Systems that excessively downsizes the high cost maintenance customization. Generic Systems are made very robust with AI engines that are built in native to Insurance domain to easily adopt each company's typical products and processes. Furthermore, as the solutions are complete with end to end need for the whole enterprise, Integration challenges are almost nullified and integration risks are mitigated efficiently. In parallel, service oriented architecture brings seamless efficacies and platform independent plug-ins to external systems. As evident as it gets, insurance industry is experiencing Digital Transformation with the rapid implementation of IT and IoT. Therefore, Hansa's R&D continuously evaluates Digital Technology and Mobile platforms, with dashboards, control panels, critical alerts, approvals and decisions being accessed from different devices seamlessly from any geography.
One System for All
Recent financial downfall of 2008 has taught the insurance industry a lesson or two. A healthy reinsurance marketplace helps ensure that insurance companies can remain solvent. ReNova, from Hansa, is a Reinsurance Administration product that enables the insurance companies to administer with ease and accuracy. With accurate computations and optimization of Reinsurance portfolio at client level, ReNova brings down the RoI for all customers below a quarter. A similar groundbreaking product called, 'Insurance One' brings about automation in the insurance realm. The solution is fully loaded with configurable AI engines with end to end solutions. Being one system it is easy to adopt in the enterprise across all the verticals. Therefore, a business shifting from one vertical to another will find it easy to accustom and adapt to Insurance One as it is already known to them in the previous role.
ISO certified for quality and security of the solutions, Hansa is one of the fastest growing software service providers in Insurance sector, backed by leading Insurance and Reinsurance giants. "Hansa has a vision to make business process systems with complete AI Robot to make the things right for you, reducing all the operating costs and manual mistakes", concludes Ram Prasad, Executive Director, Hansa Solutions. With R&D as strength and Quality Delivery as motto, Hansa strives to deliver quality products on schedule and offer suitable solutions to meet the dynamic changes of user requirements.
Recent financial downfall of 2008 has taught the insurance industry a lesson or two. A healthy reinsurance marketplace helps ensure that insurance companies can remain solvent. ReNova, from Hansa, is a Reinsurance Administration product that enables the insurance companies to administer with ease and accuracy. With accurate computations and optimization of Reinsurance portfolio at client level, ReNova brings down the RoI for all customers below a quarter. A similar groundbreaking product called, 'Insurance One' brings about automation in the insurance realm. The solution is fully loaded with configurable AI engines with end to end solutions. Being one system it is easy to adopt in the enterprise across all the verticals. Therefore, a business shifting from one vertical to another will find it easy to accustom and adapt to Insurance One as it is already known to them in the previous role.
With accurate computations and optimization of Reinsurance portfolio at client level, ReNova brings down the RoI for all customers below a quarter
ISO certified for quality and security of the solutions, Hansa is one of the fastest growing software service providers in Insurance sector, backed by leading Insurance and Reinsurance giants. "Hansa has a vision to make business process systems with complete AI Robot to make the things right for you, reducing all the operating costs and manual mistakes", concludes Ram Prasad, Executive Director, Hansa Solutions. With R&D as strength and Quality Delivery as motto, Hansa strives to deliver quality products on schedule and offer suitable solutions to meet the dynamic changes of user requirements.
