KANAP Systems Application Development and Maintenance (ADM) Services cater to custom applications and packaged (product) solutions to add considerable business value through greater efficiency in operating functions. The technology services listed below span across multiple business process areas like Distribution & Channel Management, Policy & Claims Administration, Premium Billing & Accounting and Reinsurance.
Our ADM services portfolio encompasses the end-to-end software development lifecycle ranging from business requirement gathering, assessment, solution design, development, implementation and maintenance. Our suite of Application Development and Maintenance service offerings include:
Core Business Systems
Some challenges faced by the banking and finance industry are:
- Implementation and maintenance of core policy, billing, claims, and reinsurance systems
- Modernization & optimization of legacy business systems to reduce TCO and improve efficiencies
- Business driven approach to build new capabilities and products and improve user experience
- QA, Testing of P&C and Life Policy Administration systems
- Reusable test assets comprising of UI, Functional, Integration, and Regression test cases by LOB
- Test automation frameworks and managed service models
- Focused Insurance Testing Competency Center Business Intelligence (BI) & Reporting Accelerator
- End-to-end design, implementation, and maintenance services for Data Warehousing and BI
- Data model and library of policy, claims, and accounting attributes for analytical reporting
- Ready-to-use canned operational reports built out of the data model
- DWBI COE lab with expertise on multiple BI tools and platforms
Agency & Customer Portals on the Cloud
Ancillary Services provided by KANAP Systems include:
- Agency and Customer Portal solutions for Life and P&C insurance carriers
- Out-of-the-box functionality and pre-built interfaces using ACORD XML standards
- Pay-per-use hosted solution (Force.com platform) and ramp up/down based on usage
- In built social media features and management dashboards
Business Value Delivered
KANAP Systems has delivered business benefits by providing efficient and innovative solutions to clients. Some of the key business benefits delivered to our client’s are as follows:
- Policy Administration Migration enables Insurer to provide entire spectrum of services across varied P&C lines of business
- Group Life Plan Admin modernization enables enhance customer experience
- Data Warehouse and reporting solution enables enterprise-wide pervasive data quality
- Policy Administration Testing solution results in bottom line improvement
- Accelerated deployment of Compensation and Distribution management through Test Automation
- Premium Finance process streamlining facilitates rapid growth & enhanced customer service