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The insurance vertical is a key service area where NIIT SmartServe(NSS) possesses a deep understanding of the industry and reference-able BPO work. A dedicated team of insurance professionals service all types of insurers-including general insurance, life and pensions businesses. We also provide offshore compliance verification services adhering to the FSA compliance standards, from our world class facility in India. Our expertise in process transition and application of technologies and tools help our clients achieve high performance. We have a proven track record in managing very complex processes as well as routine insurance processes.
NSS' services in the Insurance domain include:
FSA Compliance and Suitability Advice for the UK financial markets in
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Designated Investments (Savings & Investments, Pension, Protection) |
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General Insurance |
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Mortgage |
Pre-release at approvals
Helpdesk - responding to queries raised by IFA on financial products in the market
Policy Owner Services and Administration in the US and UK insurance markets
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Indexing |
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Non Financials |
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- Enquiries |
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- Servicing change |
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- Contract Amendments |
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- New Business |
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- Pension Enquiries and Information |
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- New Business/Renewal Enquiries |
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- Questions Relating to the Policy Plus |
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- COD (contracted - out deduction) Calculation |
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Reallocations including block reallocations | |
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Financials |
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- Payments Out |
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- Advisory Fees |
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- Cash Surrender |
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- Partial Withdrawal and transfers |
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- Stop Pay and Reissues |
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- Systematic Withdrawals | |
Data Mining and Data entry
Risk Processing for the Lloyds market
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