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Solutions for P&C Insurance industry to improve sales operations and drive sales performance

Synygy
Synygy

Property and casualty (P&C) insurance carriers around the world face increased competition, new distribution channels, product commoditization, and mounting pressure to increase profitable performance. In order to succeed in this highly-regulated environment, P&C insurers require a distribution management solution that can effectively manage the agent lifecycle. Synygys solution includes the tools, processes, and expertise to support insurance carriers operating in diverse geographies.

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WWW.SYNYGY.COMCopyright 息 2014 Synygy Pte. Ltd. All rights reserved. Contact info@synygy.com +1 610.494.3300 x7900 Industry Vertical Solution Property and Casualty Insurance Property and casualty (P&C) insurance carriers around the world face increased competition, new distribution channels, product commoditization, and mounting pressure to increase profitable performance. In order to succeed in this highly-regulated environment, P&C insurers require a distribution management solution that can effectively manage the agent lifecycle. Synygys comprehensive distribution management services provides P&C insurers with the tools, processes, and expertise they need to efficiently manage the agent lifecycle and gain operational efficiency, agility in the marketplace, and overall sales performance. Synygys insurance industry solution enables P&C carriers to: easily adapt to changes in company strategy or market shifts through a full range of sales performance management solutions for captive and independent agents and brokers increase accuracy and visibility into data from a variety of sources and channels, including licenses and appointments, agent and broker demographics, policies, and commission schedules draw insight from data to accurately determine profitability by product group, channel, and broker relationships improve sales effectiveness through reports, analytics, dashboards, and trigger-based alerts that provide actionable information to all levels of the organization increase operational efficiency with automated business processes throughout the producer lifecycle, including licensing and appointments, on-boarding, hierarchies, commission schedules, and contract management forecast expenses to maximize profitability and ensure adherence to industry and regulatory requirements Synygys solutions focus on four areas critical to successfully driving sales and channel performance and transforming sales operations into a strategic advantage: Sales Incentive Compensation Management Synygy helps to improve the accuracy and timeliness of sales commission payments, enhance the understanding of compensation plans, and create transparency and clarity through the analysis of sales, performance, and compensation data. Synygy also creates a high level of flexibility, agility, and adaptability in the management of incentive compensation planswhich is the foundation for driving sales and channel performance. Sales Big Data And Analytics Synygy helps pinpoint areas for performance improvement by integrating and transforming huge data sets from many disparate sources to provide insight into critical business questions about sales performance and sales operations. Sales Force Mobility And Effectiveness Synygy helps to increase sales by creating, deploying, and supporting sales mobility, customer relationship management, sales collaboration, and sales enablement applications to improve sales force effectiveness and productivity. Sales Operations Management Synygy helps transform sales operations into a strategic advantage by assessing gaps relative to best practices, transforming business processes, designing and implementing enabling technologies, and continuously improving operational efficiency. Synygys solutions includes the tools, processes, and expertise to support insurance carriers operating in diverse geographies. Contact Synygy for more information on trends impacting the industry, key factors for success, and proven methodologies that drive sales performance.

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Solutions for P&C Insurance industry to improve sales operations and drive sales performance

  • 1. WWW.SYNYGY.COMCopyright 息 2014 Synygy Pte. Ltd. All rights reserved. Contact info@synygy.com +1 610.494.3300 x7900 Industry Vertical Solution Property and Casualty Insurance Property and casualty (P&C) insurance carriers around the world face increased competition, new distribution channels, product commoditization, and mounting pressure to increase profitable performance. In order to succeed in this highly-regulated environment, P&C insurers require a distribution management solution that can effectively manage the agent lifecycle. Synygys comprehensive distribution management services provides P&C insurers with the tools, processes, and expertise they need to efficiently manage the agent lifecycle and gain operational efficiency, agility in the marketplace, and overall sales performance. Synygys insurance industry solution enables P&C carriers to: easily adapt to changes in company strategy or market shifts through a full range of sales performance management solutions for captive and independent agents and brokers increase accuracy and visibility into data from a variety of sources and channels, including licenses and appointments, agent and broker demographics, policies, and commission schedules draw insight from data to accurately determine profitability by product group, channel, and broker relationships improve sales effectiveness through reports, analytics, dashboards, and trigger-based alerts that provide actionable information to all levels of the organization increase operational efficiency with automated business processes throughout the producer lifecycle, including licensing and appointments, on-boarding, hierarchies, commission schedules, and contract management forecast expenses to maximize profitability and ensure adherence to industry and regulatory requirements Synygys solutions focus on four areas critical to successfully driving sales and channel performance and transforming sales operations into a strategic advantage: Sales Incentive Compensation Management Synygy helps to improve the accuracy and timeliness of sales commission payments, enhance the understanding of compensation plans, and create transparency and clarity through the analysis of sales, performance, and compensation data. Synygy also creates a high level of flexibility, agility, and adaptability in the management of incentive compensation planswhich is the foundation for driving sales and channel performance. Sales Big Data And Analytics Synygy helps pinpoint areas for performance improvement by integrating and transforming huge data sets from many disparate sources to provide insight into critical business questions about sales performance and sales operations. Sales Force Mobility And Effectiveness Synygy helps to increase sales by creating, deploying, and supporting sales mobility, customer relationship management, sales collaboration, and sales enablement applications to improve sales force effectiveness and productivity. Sales Operations Management Synygy helps transform sales operations into a strategic advantage by assessing gaps relative to best practices, transforming business processes, designing and implementing enabling technologies, and continuously improving operational efficiency. Synygys solutions includes the tools, processes, and expertise to support insurance carriers operating in diverse geographies. Contact Synygy for more information on trends impacting the industry, key factors for success, and proven methodologies that drive sales performance.