The insurance industry is on the cusp of digital disruption. However, legacy players are facing several challenges to survive in today’s competitive market. STATIM® is a cloud-powered Life Insurance solution that takes care of aspects like underwriting, policy administration, and claims processing. Built on modular architecture, STATIM® will help in acquiring and retaining policyholders, enable efficient risk management, and streamline the process of policy servicing. Ultimately, it will facilitate insurers to overcome the obstacles of archaic regulations and legacy infrastructure.
With STATIM® LI, insurers can access real-time data and analytics that can be used to improve underwriting, claims management, and risk assessment. Our platform is designed to offer complete transparency and accuracy in data reporting, ensuring that insurers can make informed decisions quickly and efficiently.