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Future-ready Digital Solutions for your Insurance Business

Futran Solutions has partnered with Duck Creek Technologies to deliver InsureTech solutions that rapidly increase ROI through digital transformation.

The insurance industry is on the verge of a significant change with the modernization of its core systems and automation of crucial tasks such as predictability and rate calculations. The clear message is that those who take early steps towards digitization will reap the most significant benefits. Moreover, this transformation is driven by the rapid advancements in technology, such as Intelligent Process Automation, Data Analytics, Low-code/No-code Applications, Cloud Adoption, and many more that Insurance companies leverage to streamline their processes, reduce costs, and provide better customer experiences.

Modernizing your core systems

At Futran solutions, we believe that it is crucial for insurance companies to recognize the significance of digital transformation and take proactive measures to modernize their core systems, automate their key tasks, and invest in the latest technologies. With our comprehesive set of solutions, we will help you to stay ahead of the curve and meet the growing demands of your customers in a fast-paced, digitally-driven world. Our solutions are designed to help you modernize your core systems, automate their key tasks, and invest in cutting-edge technologies. As a result, we believe that our solutions can empower you to remain competitive and relevant in today’s rapidly evolving industry.

Our Offerings

Process Digitization

API Icon

API Integration

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Advanced Analytics

Cyber Security Risk Assessment

Case Study:
Data-lake Implementation for better data correlation and managed services with robust control policies, real-time security auditing and compliance

Benefits:
1. Simplified data analysis to draw actionable insights
2. Zero downtime & scalable solutions to handle unpredictable traffic volumes
3. Automated data exception checks and correction mechanism
4. Secure - Data isolation by the client, Secure file transfer

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Case Study:
Automation of end-to-end claims processing and bots were deployed to conduct all policy audits & perform endorsements for a property and casualty insurance company.

Benefits:
1. Decrease in processing time
2. Reduction in audits
3. Cost savings upto 35%
4. More accuracy

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Solutions for the Insurance Industry

Duck Creek Implementation

Accelerated core system implementation and integration

P2P Insurance Solutions

P2P Insurance Solutions

Disrupt the customer market with inclusive P2P networks

Underwriting Software

Underwriting Software

Reclaim hours of productivity and recuperate operational losses

Big Data Analytics

Big Data
Analytics

Real-time data combine with internal and external sources to fuel operational effectiveness

duckcreek implementation

Duck Creek Implementation:

Accelerated core system implementation and integration

Claims-Management

Claims Management Systems

Create a centralized and cloud-based record of millions of
transactions

Underwriting-Automation

Underwriting Automation

Reclaim hours of productivity and recuperate operational losses

Smart-Contracts

Smart Contracts

Automates insurance payouts and reduces fraud and processing time.

Fraud-&-Risk-Prevention

Fraud & Risk Prevention

Identify and prevent fraudulent activities and reduce risks in the insurance
industry

Digital-Distribution

Digital Distribution

Distribute products and services through various digital channels

Client-Onboarding

Client Onboarding

Streamline the client onboarding process of integrating new clients into the
company’s operations

Portal-&-Customer-Product-Launcher

Portal & Customer Product Launcher

 Simplify product launches and risk evaluation through
automated underwriting

Dynamic Insurance Quotes

Dynamic Insurance Quotes

Provide data-backed, on-demand and accurate insurance quotes

Claims Management Systems

Claims Management Systems

Create a centralized and cloud-based record of millions of transactions

Document Management Systems

Document Management Systems

Leverage new-gen insurance management software and stay super productive

Frontend customer portals

Front-end Customer Portals

Be at the center of fully digital, seamless and intuitive experiences

Are you ready to
transform your business?

Let our team of experts guide you on your journey

Learn which technology is used for your business KPIs 

Futran’s Value Proposition

Reduce operational costs

Reduce Operational
Costs

Compete with digital-first players riding on the back of new technology enhancing your legacy products. At the same time, you can boost the efficiency of your agents with the help of ML and RPA solutions.

Get rid of low value processes

Get Rid of Low Value Processes

Our experts suggest comprehensive and elegant solutions to tackle operational bottlenecks in claims management, underwriting and document management.

Personalize sales experience

Personalize Sales Experience

Use the intelligence from usage patterns, price tolerance and customer demand to tailor your offers. Make more cross-sells and upsells with the help of real time data instead of good old guess work.

Achieve greater agent productivity

Achieve Greater Agent Productivity

Give your agents new tools to settle, record and manage more claims in the same time span. Record greater operational performance with custom software to manage insurance agency operations.

Case Study:
Data-lake Implementation for better data correlation and managed services with robust control policies, real-time security auditing and compliance

Benefits:
1. Simplified data analysis to draw actionable insights
2. Zero downtime & scalable solutions to handle unpredictable traffic volumes
3. Automated data exception checks and correction mechanism
4. Secure - Data isolation by the client, Secure file transfer

Show More

Case Study:
Automation of end-to-end claims processing and bots were deployed to conduct all policy audits & perform endorsements for a property and casualty insurance company.

Benefits:
1. Decrease in processing time
2. Reduction in audits
3. Cost savings upto 35%
4. More accuracy

Show More

Futran Solutions' partnership with Duck Creek Technologies

Futran Solutions’ partnership with Duck Creek Technologies is driven by their shared goal of enabling insurers to harness the power of digital transformation to improve efficiency and drive growth. With Futran’s expertise in business analysis, front-ends, integration, and data solutions, coupled with Duck Creek’s cutting-edge technology, the partnership is poised to deliver innovative InsureTech solutions that streamline operations and enhance customer experience. Moreover, Futran’s vision of being the ‘Best Insourcing Partner’ for insurers is backed by its commitment to building in-house competency in the insurance domain. The company’s investment in developing accelerators such as EzApp, EzBot, and EzAPIs, along with its ‘Make IT EZ’ framework, will simplify the implementation and testing processes, enabling insurers to achieve a faster ROI.

Futran Solutions' partnership with Duck Creek Technologies

Futran Solutions’ partnership with Duck Creek Technologies is driven by their shared goal of enabling insurers to harness the power of digital transformation to improve efficiency and drive growth. With Futran’s expertise in business analysis, front-ends, integration, and data solutions, coupled with Duck Creek’s cutting-edge technology, the partnership is poised to deliver innovative InsureTech solutions that streamline operations and enhance customer experience. Moreover, Futran’s vision of being the ‘Best Insourcing Partner’ for insurers is backed by its commitment to building in-house competency in the insurance domain. The company’s investment in developing accelerators such as EzApp, EzBot, and EzAPIs, along with its ‘Make IT EZ’ framework, will simplify the implementation and testing processes, enabling insurers to achieve a faster ROI.

In Spotlight

Case Study:
Data-lake Implementation for better data correlation and managed services with robust control policies, real-time security auditing and compliance

Benefits:
1. Simplified data analysis to draw actionable insights
2. Zero downtime & scalable solutions to handle unpredictable traffic volumes
3. Automated data exception checks and correction mechanism
4. Secure - Data isolation by the client, Secure file transfer

Show More

Case Study:
Automation of end-to-end claims processing and bots were deployed to conduct all policy audits & perform endorsements for a property and casualty insurance company.

Benefits:
1. Decrease in processing time
2. Reduction in audits
3. Cost savings upto 35%
4. More accuracy

Show More

Case Study:
Data-lake Implementation for better data correlation and managed services with robust control policies, real-time security auditing and compliance

Benefits:
1. Simplified data analysis to draw actionable insights
2. Zero downtime & scalable solutions to handle unpredictable traffic volumes
3. Automated data exception checks and correction mechanism
4. Secure - Data isolation by the client, Secure file transfer

Show More

Case Study:
Automation of end-to-end claims processing and bots were deployed to conduct all policy audits & perform endorsements for a property and casualty insurance company.

Benefits:
1. Decrease in processing time
2. Reduction in audits
3. Cost savings upto 35%
4. More accuracy

Show More
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