Home      Industry Solutions      Life, Annuity and Pensions
 

Today insurance carriers face a changing business landscape, stiff competition, rising consumer demands, growing mergers and acquisitions and constant regulatory changes. To cope with these changes, insurance carriers face the challenges of:

 

  • Launching innovative products,
  • Marketing these products faster than the competition,
  • Cultivating new distribution channels and,
  • Improving customer service.

Mastek recognises the dynamic changes occurring within insurance and the system gaps that must be filled to meet those changes. Our life, annuities and pensions solutions are designed with the clear purpose of enabling insurance providers to stay ahead in the market. The enterprise design and component based architecture of these solutions deliver agility while seamlessly integrating with our clients' existing systems.

Products
Is your insurance business losing pace because of missed growth opportunities, lack of product development and poor client service? Elixir Asia is an enterprise platform for fast-growing insurance carriers that empowers you with robust technology and allows you to rapidly accelerate products, markets and producers.
Key Benefits
  • Supports business processes- from initial sale to claims and payout
  • Supports multiple lines of business
  • Allows easy integration of external and legacy systems through SOA
Request A Demo
ElixirAsia Group Life is a proven highly scalable agile platform that supports your business growth. It gives you the agility to launch new products in a matter of a few days while being ready to scale to volumes.
Key Benefits
  • Easy Integration with existing systems
  • Comprehensive – Supports multiple lines of group life products
Request A Demo
Handling a complex distribution landscape with thousands of agents and millions of policies can be very difficult. Switch to Elixir Distribution Management to run the entire producer life cycle efficiently by utilising the Producer Life Cycle Manager, Compensation Manager, Performance Manager, and the Producer Portal.
Key Benefits
  • Managing multiple channels with complex hierarchy
  • Monitoring producer performance
  • Personalise payment schedules for producers
Request A Demo
Services
We translate your IT vision into reality with solutions that are focused on enhancing customer relations and increasing revenue and competitive advantage.
We deliver system integration, providing a single source to hold large and complex projects that involve many resources together, through the development cycle.
We help you refocus your energies on strategic initiatives by handing over the maintenance and enhancement of business applications to a reliable partner.
Mastek approaches systems rationalisation from a business perspective, targeting the release of at least 15% of your annual budget while simultaneously improving application suite performance, responsiveness and lifespan.
With proven test processes and methodologies, we combine world-class infrastructure with extensive program management expertise.
We offer a broad range of services, including consulting expertise, which helps our customers to analyse, define and achieve their CRM objectives.
back to top
close
 
Sign in Register

User Name / Email
Password
signin
March 10,2009
Mastek's solutions recognised with two Celent Model Carrier Awards
February 24,2009
Mastek launches Elixir Distribution Management in India and US