Insurance Firms
Transform from a traditional to a digital insurer using a low code digital automation platform.
Request DemoDownload BrochureDigital Process Automation Software for Insurance Firms
Streamline and centralize your key business functions, including customer onboarding, claims processing, underwriting, and policy administration with our low code-based insurance-specific applications, built on NewgenONE low code digital transformation platform. Reduce time-to-market, improve accuracy, and deliver a consistent, omnichannel customer experience across life, health, and general insurance coverage areas.
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Why Newgen for Insurance?
Download the complete eBook to learn how Newgen can transform your organization and why enterprises globally trust us to be a reliable partner in their digital transformation journeys.
Download HereSuccess Stories
Accelerated digital
transformation of Processes

Watch how Venerable leveraged Newgen’s platform to accelerate digital transformation for enterprise-wide processes.
Digital Health
in the Pandemic World

Hear Alok Rungta, Head of Health and Protection, AXA Insurance, as he speaks on the post-pandemic customer behavior
Faster speed-to-market
with Newgen

Learn how Tokio Marine HCC modernized their policy generation process with Newgen.
Solutions for Insurance Industry
Policy Underwriting
- Policy elements and underwriting analysis
- Policy underwriting evaluation
- Underwriting checks and validations
- Rules-based underwriting
- Policy information accessibility
- Integration and personalization capabilities
Policy Servicing
- Auto-ingestion of policy details
- Parallel processing of policy requests
- Automatic case classification
- Policy servicing compliance
- Personalized customer communications
Claims Processing
- Smart case routing and allocation
- Customer self-service portal
- Policy information retrieval and verification
- Rule-based algorithms
- Thorough claim assessment
- Monitoring and insights
Point of Sales and Service
- Quotation Management
- e-Application
- Claim Intimation
- Service Request Initiation
- 360-degree Process View
Policy Wording, Binding and Generation
- Comprehensive Clause Library
- Dynamic Template Library
- Seamless Policy Creation
Where are you in your digital transformation journey?
We have compiled tools and documents to help you in your journey. Knowing that “what you see depends on where you stand,” we have something for you, as a line-of-business operations in-charge, an IT leader, or a C-level executive, for your industry-specific needs.
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At this stage, you might find that the available technology/solution is going beyond your initial expectations in terms of scope. This is also the stage of building consensus among your peers for your industry-specific needs, whether you are a line-of-business operations in-charge, an IT leader, or a C-level executive.
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This stage is all about looking beyond features and functions. After all, addressing just the immediate need can translate into “short term gain but long-term loss.” Invest in a technology that solves for your today’s needs and is extensible and configurable for your unknown future needs. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you don’t want to go through the same process in another 2-3 years !
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It all comes down to choosing the right partner. Their innovation history, industry focus, local presence, support services, partner ecosystem, technology strength, cost effectiveness, customer references, risk rating, and lot more needs to be evaluated. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you are all evaluating them from your unique perspectives!
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That feeling of achievement and relief after a successful, on-time, in-budget project is all what you look for. Believe us, the feeling is mutual. As a line-of-business operations in-charge, an IT leader, or a C-level executive, make sure you celebrate the milestone, recognize everyone who made the project successful, and identify your additional digital needs.
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