DXC Invitational India 2019
C2L BIZ
C2L BIZ provides a range of innovative solutions that protect insurers’ existing investments in back-office systems and enable them to transform insurance distribution and sales. The SymbioSys suite helps insurers sell their offerings through conventional, non-conventional and affinity channels using the suite’s solutions and services that support distribution, sales, new business, underwriting and claims.
SymbioSys DMS (Distribution Management Solution) is a unified solution used across multiple channels and insurance lines of business to drive higher premium revenues by offering the right compensations (e.g., commissions, incentives, bonuses) to the right channels. It gives the insurer the flexibility to offer differentiated compensations while addressing evolving regulatory compliance rules in different countries.
SymbioSys DMS enables insurers to take strategic and corrective measures while driving sales contests to make them more effective and efficient. SymbioSys DMS brings the right focus to the top producers and enables insurers to identify bottom performers for improvement. Both can be classified through differentiated key performance indicators (KPIs) and parameters.
In the competitive digital ecosystem, continuous improvement is key. Insurers need to learn from their processes and compensation programs dynamically. Thus, to ensure the business avoids mis-selling and customer dissatisfaction, analytics and simulations of the compensation programs are critical for an insurance CEO's decision-making. SymbioSys DMS’s intelligent dashboards help business leaders understand and make effective decisions. Its next-generation analytics also help insurers learn from past data for ongoing improvements.
SymbioSys DMS has become a preferred choice for leading policy administration systems. More importantly, SymbioSys DMS can be used by business people with minimal involvement from IT.
How C2L BIZ benefits DXC Digital Insurance
It is critical to complement the core policy-centric administration system to ensure that channels and partners are aligned to business goals. SymbioSys DMS complements policy administration capabilities available in DXC Integral with its next-generation distribution management functions. Overall, SymbioSys DMS integrates well with DXC Technology’s policy administration solutions; of over 100 SymbioSys implementations, more than 90 percent involve integration with DXC’s administration solutions.
Website: www.c2lbiz.com
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