Practiv delivers Straight Through Processing for Insurance (STP-i) in 3 month steps. Each step delivers a new or revised offering to the market as quotations, applications, fulfilment and commissions are processed automatically online. With considerably less manual intervention, products are delivered to the market with significantly lower cost.

STP-i uses low cost customer demand management and customer experience management programmes to increase product sales volume, resulting in a higher propensity to purchase as the process is made simpler, faster and more efficient.

STP-i combines -

• Insurance best practice and ideas generation
• Business processing and change agents
• IS/IT frameworks, tools and methods specific to your existing Sun or Microsoft infrastructure
• Reuse architecture to build once and replicate across channels
• Marketing campaign programmes for insurance products using latest methodology

Automation of quotation, application, fulfilment and commission payment processing, using existing assets and infrastructure, lowers administration costs and makes it easier for distributors and customers to do business with you.

Read more about STP-i, or alternatively email sales@practiv.com or contact us directly and talk to one of our experienced consultants today about your requirements.