SG Insurance
Services
Pivot to Digital-first Insurance
At SGTech Solutions, We partner with more than 15 global insurers, re-insurers, brokers and InsurTech companies to accelerate digital transformation. We annually manage 3 million+ claims transactions, claims spend worth USD 1 billion and underwriting transactions over 2 million. Our deep industry knowledge, leading-edge technology and analytical solutions, and integrated digital operating models help insurers scale faster and respond to changing market conditions. Our digital-first solutions improve risk mitigation, reduce indemnity spending, lower cost of service and enable superior customer experience.
OUR INSURANCE
BACK OFFICE SERVICES
Businesses need to continually show increasing profit in order to remain energetic and viable. Public or private, enterprises are constantly under scrutiny by investors, regulators, or financial institutions. They need to maintain a public image and a an online presence that will continually promote new customers. They need to invest in new technologies to keep up to date with current social trends.
The insurance industry is a prime example of how successful firms, no matter how large or small, can thrive, while others flounder and fail.
In any business the bottom line is the bottom line. There are fixed operating costs that seem to only increase, no matter what you do to reduce them. In the Insurance Industry, here are some prime examples:
- Escalating government regulation
- Increased administration & compliance costs
- The effect of Climate Change on increasing damage claims from fires, floods & hurricanes
- Aging populations with increasing medical claims
- Rising cost of health care & long-term insurance claims
- Huge & increasing product liability claims
These escalating costs don’t seem to have a ceiling. With each year they bump up another 12- 20%. It’s no wonder that Insurance Back Office Process Outsourcing is becoming not just an attractive possibility, but essential to survival in the 22nd Century business universe. And if you’re going to use outsourcing, there is just one Insurance BPO to handle everything for you.
Insurance Back Office Services
SGTech is the Insurance Services firm in the USA. With clients in the Insurance Industry worldwide, we provide a variety of quick and accurate Insurance Outsourcing at affordable prices, making us the perfect choice for any size business in this sector!
Not that any US business won’t benefit from Insurance services, but players in the insurance sector have a lot to gain when they go offshore.
Use an Insurance BPO Provider firm to outsource your time consuming, repetitive tasks that your staff hates, and let your team concentrate on the more skilled functions that you probably hired them to do.
SGTech can reduce Insurance Operation costs with our exclusive business methods that will:
24 X 7 Customer Service
Simplified & Improved Business Process
Reduced Operational Costs
Better Customer Engagement
Creates Time For Revenue-Generating Activity From Your Core Staff
Update Market Research
Update Prospects
Use AI & Machine Learning for Insurance Data Mining
Experienced & Highly-Trained Professionals Handling Your Account
Error-Free Data Entry Services
SGTech has chosen to specialize in Insurance Back Office Outsourcing because there are huge cost-savings for our clients achieved by our innovation and experience.
With our data entry and retrieval tools, both the blank and completed forms are available to your chosen staff in the blink of an eye. Take the guesswork out of filing and retrieving the huge amount of records generated
SG Insurance expertise
Our Insurance BPO Services can handle everything your back office does now. But handle it faster, with more accuracy, at a lower cost, using better hardware and software. At SGTech you can outsource insurance claims processing with complete confidence
How We Help You Escalate
SGTech Solutions has the best-in-class infrastructure, skilled manpower, and resources to scale project requirements within short turnaround time.
Administration Support
Strategic partnership
Flexible Service Model
Long-lasting value
Multiple Software Support
Security
Highly Trained and Experienced Staff
Process efficiency
24 / 7 Support
Flexibility & scalability
Seamless compliance
Increased retention
How Does BPO Work?
A BPO Company has the tools that will result in better customer engagement and improved operational performance, thus supporting the entire insurance value chain. They’ve developed software that can give you a “snapshot” of the customer, increasing conversion rates. BPOs can reduce operational costs with unique business methods.
- Updating Prospects and Market Research Data Entry
- Excellent maintenance of Insurance Data Mining
- Experienced professionals handling your account
- Error-Free Data Entry Services
- 24 X 7 Customer Service
- Simplified and Improved Business Process
- Reduced Operational Cost
- Better Customer Engagement
Consider the other ways a Business Process Outsource company can help you control costs by organizing and storing the following forms:
- Uniform Billing Health Insurance Claims
- Centers for Medicare & Medicaid Services
- ADA Claims
- Disability Claims
- Dismemberment Claims
- Medical-Claim Data Entry
- Critical Illness Claims
- Hospitalization Claims
With sophisticated data entry and retrieval tools, both the blank and completed forms are available to your chosen staff in the blink of an eye. Take the guesswork out of filing and retrieving the huge amount of records generated. If your business is still in the paper age, a BPO can migrate your data to digital- all of it- and continue with digital going forward.
Reimagining insurance operations
Top industry analysts believe SGTech’s innovation-led approach helps clients reimagine the role of Insurance Operations.