Insurance Sector Challenges

Regulatory Compliance:

Similar to banking, insurance is a sector that is heavily regulated by federal and state laws. Frequent changes in regulations require making changes to the software application for compliance.

Complex workflow:

The insurance sector is characterized by a variety of insurance services like life insurance, property insurance, vehicle insurance, workers’ compensation insurance, etc., each of which have a varied range of products and business segments. All transactions like new business, contract management, claims, policy renewal have their distinct workflows. Such diversity and complexity implies there will be a variety of business scenarios that need to be tested which makes test data management a huge task.

Lesser time to market:

Insurance is a highly competitive sector with new products and services being announced regularly. At any time, there may be multiple IT releases going on to support them. To maintain a competitive edge, companies are forced to release new products in short time.

What Cognisun Offers

  • Improved security, data reliability, and user-experience
  • Seamless integration with client’s existing software system or third party systems
  • Increased user satisfaction due to faster system performance and intuitive interface
  • Substantial cost saving due to streamlined business operations eliminating duplication of efforts
  • Integration of heterogeneous software running on multitude of technology platforms

Broad Spectrum of Services & Solutions

  • Integrated System for Division of Workers’ Compensation, Florida
  • Automated Rehabilitation and Medical Information System (ARAMIS)
  • Medical Data Information System (MDS)
  • EDI Claims and Medical Back Office System for State of Florida
  • Data Warehousing, Data Mining and Reporting Tools
  • DWC Provider Web Directory

Why Cognisun

  • 10+ years of experience in delivering excellent quality of software solutions
  • 100% delivery ratio
  • Highly experienced and qualified pool of software professionals
  • 24/7 Support via Email/Phone/Skype
  • Cost-Effective and faster turnaround time
  • Use of industry proven work methodologies and performance metrics

Case Studies

Integrated System

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