Improving Shareholder Value for Insurance Organizations
The insurance industry is facing its own important issues: personal lines carriers find it difficult to sustain growth; consumers are increasingly choosing to less-profitable products; health insurers are facing the demands of an older, empowered customer base; and commercial lines carriers are under intense competitive pressure from brokers and from shareholders expecting improved returns. In addition, these organizations say their top IT priorities are meeting industry regulations (Sarbanes-Oxley) and implementing plans for disaster recovery.

Sypherlink’s software suite helps insurance organizations address these issues by supporting the implementation of their top initiatives for enhanced operating efficiency and/or the creation of new revenue streams. Regardless of the applications or vendors selected to implement these initiatives, the majority of time and cost will be spent on integrating all the disparate databases that feed the applications. This is a resource-intensive task that adds months and expense to any initiative.

Sypherlink’s software suite enables insurance organizations to automate the time-intensive tasks required for any information-management initiative, providing organizations the following unique benefits:

• Accelerated time-to-value for information management initiatives
• Enhanced quality of information
• Accelerated availability of critical reports
• Better alignment of information with business needs & goals
• Increased customer satisfaction and sales conversion rates through better view of customer
• Enhanced ability to ensure security, privacy and industry compliance