This industry-first solution is already winning accolades
This industry-first solution is already winning accolades for its ease of use, transparency and efficiency, and we plan to scale it up further to the next level of ground-breaking innovations in General Insurance space.Since its deployment almost 8 months back, the real-time quoting tool has until now successfully on-boarded 13,500+ users, generated 2. Sushant Sarin, Executive Vice President Head Commercial Lines Reinsurance, Tata AIG General Insurance said,“QMS is a unique, convenient tool engineered to empower our channel partners and producers with smarter, faster and efficient processes to offer over-the-counter policies instantly in ‘zero’ waiting time.”
Innovative Features of TATA AIG’s Quote Management System rosary bracelet Suppliers ‘QMS’End to end digital quotation engine with pre-approved limits (Field force empowerment)Special cases’ approval workflow, underwriter approval workflow (cutting down manual lead time to enable faster decision making)Instant over-the-counter policy issuance (Customer delight Real time quote generation with ‘zero’ waiting time and instant processing)Safe and convenient payment facilityReadily available document repository and much more.
With more than 80 per cent of cases currently managed through this platform, we have considerably enhanced our operational efficiencies, productivity and manpower savings by cutting down manual interventions and backend operations towards policy issuance processes.Instant, over-the-counter full-fledged package policies are a first in Commercial business segment, and with QMS Tata AIG has recorded its footprint of charting a new course in redefining customer journey experience through smarter, faster and efficient deliveries.