A newly licensed composite insurer partnered with Newgen to establish its core insurance operations from inception. The objective was to launch digital-first policy administration, ensure regulatory readiness from day one, and build a scalable foundation to support future growth across lines of business.
What the Insurer Needed
- End-to-end insurance operations enabled from the first policy issued
- Simultaneous readiness across underwriting, policy issuance, servicing, and claims
- Built-in governance and compliance from inception
- A single system of record across Motor, General, and Life insurance
- A core platform designed to scale without re-platforming
What Newgen Enabled
- Unified Policy Administration System covering the complete policy lifecycle
- Configuration-driven product and workflow setup for faster launch
- Digital underwriting with rule-based validations and approval workflows
- Structured policy servicing for endorsements, renewals, and cancellations
- Policy-linked claims processing with validations and audit trails
- Integrated workflows ensuring operational visibility and control
Business Value Delivered
- Digital readiness from day one across core insurance functions
- Faster market entry with controlled, compliant operations
- Scalable PAS foundation supporting future growth
- Built-in auditability and governance across the policy lifecycle
- Consistent customer experience from the first policy issued
Learn More
Explore the full case study to see how a new insurer established a scalable, digital-first policy administration foundation with Newgen.