SOS - A STRATEGIC PARTNER FOR

INSURERS WORLDWIDE

OVERVIEW – INSURANCE OUTSOURCING SERVICES

Without a question, the insurance industry is being gravely tested now-a-days. The market dynamics are compelling insurers to incorporate new levels of customization to deal with increasing customer demands. Concurrently, cutting down time-to-market for latest products and ascertaining first-class customer experience has become mandatory. Insurers are trying to enhance their insurance company business processes while enthusiastically exploring customer intelligence as well as innovative analytics to attract profitability. Additionally, there are at all times varying regulatory necessities, insufficient skilled manpower and decreasing margins to cope with.

We at SOS offer insurance back-office outsourcing services and solutions to insurance agents, brokers, MGA’s, agencies, insurance wholesalers and carriers across the globe. Our insurance process outsourcing services can help you put together a foundation not just for effectual change, however for long-term high performance. Consider us as your support team that looks after all the day-to-day and time-intensive tasks, so your in-house team can pay attention to other core activities. Our team can fulfill the international standards of the insurance BPO industry while providing an unparalleled combination of experience, competence and the appropriate technology required.

OUR FINANCE AND ACCOUNTING SERVICES

NEW BUSINESS SERVICES




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INSURANCE ACCOUNTING




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POLICY MANAGEMENT SERVICES


  • Policy Renewal Services
  • Policy Checking Services
  • Filings with the state government websites (e.g.: Stamping Office)
  • Order Loss Runs
  • Coordinate with Finance Companies on Premium Finance Agreements
  • Policy Issuance Services
  • Insurance Endorsements
  • Policy Maintenance and Administration Services
  • Policy Cancellation and Reinstatements Services


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COMMISSIONS MANAGEMENT SERVICES


  • Commissions Data Entry
  • Payable Commission for Producers
  • Commission Systems Enhancement and Maintenance of Applications
  • Commissions Accounting Services


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INSURANCE REPORTING


  • Agent Commission Detail Reports
  • Accounting and Finance Reports
  • Customized Reporting
  • Active Policy Listing


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INSURANCE CLAIMS DATA ENTRY


  • Mortgage Claim Data Entry Services
  • Life Insurance, Health Insurance or General Insurance Data Entry
  • Claims Adjuster Data Entry
  • Data Entry for Claims Settlement
  • Data Entry Service for Workers Compensation Insurance


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CLAIMS MANAGEMENT SERVICES


  • First Notice of Loss (FNOL) Management Services
  • Claims Verification and Validation
  • Claims Processing Services
  • Assessment — Desktop and Physical
  • Claims Adjudication Services
  • Subrogation
  • Maturities Processing
  • Early Retirement
  • Withdrawals
  • Reconciliations
  • File Closure & Portfolio Management


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LEGAL SERVICES


  • Complaints Drafting
  • Drafting Motions
  • Drafting Answers
  • Drafting PD Discoveries
  • Drafting Subrogation


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Get a Free Quote

SOS offers virtual insurance services and outsourcing options for auto, life and annuity, retirement, property & casualty (P&C), health insurance agencies worldwide, providing you with the resources having vast experience in this industry. Reach out to us today to find out more on how our insurance BPO services can assist you in cutting down your overhead costs, improving the cash flow, augmenting processing speed and improving service to your customers.

ACCOUNTING SOFTWARE WE LEVERAGE

(Click on any of the logos below to browse our software-specific accounting services outsourcing.)

OUR KEY DIFFERENTIATORS


Access to experts & subject matter specialists in insurance back-office & other high-value processes.

We help reduce time-to-market for new products and guarantee first-class customer experience.

As a technology enabler, we provide virtual insurance assistants who work with best-in-class technology in the market.

Providing the maximum level of client satisfaction is our key objective. We ensure that you get the best.

We realize different businesses have distinct requirements so we do not follow the "one size fits all" approach.

OUR EXPERIENCE IN INSURANCE SERVICES


SOS is reckoned by a lot of industry analysts, third-party consultants and insurance companies themselves as one of the leading insurance process outsourcing companies worldwide. Since 9 years, our in-house team of insurance back-office experts has been helping a multitude of world's leading insurance wholesalers, agencies, brokers as well as companies in achieving high performance through outsourcing.

We have the testified capacity to take control of an insurer's non-core processes and, in a few months, be completely operational with cost reductions of 45-65%. We can accomplish that by virtue of our vast insurance domain expertise, our full-fledged software assets, and our refined transition and functioning methodologies.

We at SOS are a leading insurance outsourcing service provider that support multiple software for insurance back-office or insurance agency management services, such as AgencyPro, Applied Epic, Nexsure, Vertafore Sagitta, Applied DORIS, AIM™—Agency Information Manager, Agency Matrix, ImageRight, TGA Rater, AMS360 and a lot more.

WHY OUTSOURCE INSURANCE SERVICES TO US?


Every Business Is Unique.
Find Out How We Can Help Yours.

  • Service and support beyond your expectations
  • Get your team to do what is core to your business
  • Customized solutions to suit your needs
  • Helping you improve efficiency and profitability
  • Our team is there to assist you 24x7
  • Delivery of projects within the agreed time-frame

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