Accpol BPM for Insurance

Many insurance providers are looking for opportunities to improve the efficiency of processes critical to their business – from agent communications to new product introductions, claims handling, policy administration, and payment reconciliation. Compliance with federal, state and other regulatory bodies requires the ability to evolve processes continuously and still keep close control over how the processes are executed. With so much invested in core systems, most providers also want process improvements to leverage the capabilities of existing legacy applications wherever possible.


The Problem

Insurance companies often fall short when it comes to managing processes efficiently for new business, customer service and operational transactions. This release examines how insurance companies could benefit from implementing business process management (BPM) solutions, with particular emphasis on where and when these benefits can be achieved. The insurance sector faces many ongoing business pressures, particularly to improve return on equity, retain customers, improve profits, be regulatory compliant and enhance customer service with a diversity of clients.


The Solution

Accpol Business Process Management for Insurance solution offers strategic value to insurance companies. It helps insurers meet the challenge of operational cost savings, while enabling them to exploit business expansion opportunities. Accpol’s process-based integration technology helps organizations model and automate business process workflows and integrate them with applications, systems and partners. This leads to reduction in manual steps, improvements in core processes and gain in competitive advantage. Accpol Business Process Management (BPM) for Insurance solution has been developed to offer strategic value to insurance companies:

Improve business processes: Automate workflows that involve lot of manual tasks. Many functions performed by business analysts such as data entry, validations and corrections can be automated so the analysts are only required to intervene for handling errors and exceptions.
Agency Carrier interface: Make it easier and more efficient for agents to work with the carrier by offering automated upload and download of policy information in real-time. This simplifies the process of working with new agents, enabling creation of new business opportunities.
Connect back-end applications: Seamless integration and data flows between policy management systems, rating packages, claims applications and accounting leads to elimination of re-entering of data. This reduces errors, improves data quality, enables up-to-date reporting and provides a better view of the business.
Accpol BPM Challenge

Accpol Business process management (BPM) helps insurance organizations realize new efficiencies that can increase profits and new levels of business performance. Accpol BPM Solutions Optimizes the power and value of everyday business processes and enables you to remain profitable in an environment of increased competitive and regulatory pressures, while maintaining high levels of customer satisfaction and reducing compliance and organizational risks. Accpol BPM focuses on:

Claims Management
Event-Based Marketing
Distribution Management
Contracts Management
Billing and Accounting
Worker’s Compensation
Fund Distribution
Self-Service
Property and casualty
Underwriting
Re insurance
Health Insurance
Features of Accpol BPM Software:


Electronic form processing

Business Activity Monitoring - BAM

Form creation without coding

Database connectivity without coding

Creation of Workflow without any programming

Web based eform processing

Serial and parallel routing

Form processing through Mobile devices