PRESENT CHALLENGE
THE OPPORTUNITY #15
Challenges facing the Group Insurance industry are far from being unique. Factually, if we take a good look at business paradigms over the past fifteen years, we clearly can vision that e-business is evolving towards collaborative commerce.
Banking systems have been working within such an environment for many decades. Credit cards and automatic teller machine are only small examples of such collaboration. In the automotive industry, major manufacturers’ Star program is another step towards the evolution of collaborative business. C-insurance, from MDI, precisely positions itself within that collaborative niche among various stakeholders.
Consequently, C-insurance’s up-to-date business process constitutes a major opportunity for the insurance industry.
Replacing a spider web business approach by a collaborative one will allow for substantial savings.
The employer, as ultimate disburser, will find within C-insurance’s approach an opportunity to substantially reduce its operating costs while increasing the quality and diversity of the usable information.
Advisors/sponsors and insurers will also benefit and generate substantial returns. On one hand, they are enabling themselves to share information related to project requests and at the management level also share responsibilities with regards to the numerous facets and demands coming from consumers.
Integrating as additional partners, payroll and human resources systems, health professionals and claim disbursers, we find ourselves in a full collaborative environment which allows all stakeholders to profit from a unique opportunity to share as much the responsibilities and results as the related benefits.
The C-insurance’s platform is based on the Allegroupe technology that as been work in progress since 1995. The services available include the full spectrum of insurance management tools RFP’s or request of proposal and offers from the insurance company to a full automatic claim adjudication module. C-surance also includes all the features of group management, full benefits administration and virtual calculation. Consequently, C-insurance’s up-to-date business process clearly represents a one of a kind opportunity.
Collaborative environment eliminates re-handling of information as it is operated and managed by stakeholders from the same database in a unique and collaborative context.
Managing group insurance is certainly a very complex process.
Thanks to a collaborative integration between various stakeholder levels, it becomes much simpler to restrict one's activities according to one’s expertise and competency.
Standardizing access and procedures through C-insurance’s totally integrated process creates a unique collaboration between various stakeholders.
Real time management by each of the responsible stakeholders substantially increases efficiency.
C-insurance management allows each stakeholder to access information instantly depending on role and user rights.
C-insurance’s main objective is financially sound and will substantially bring down managing costs related to the overall process while providing more information to various stakeholders.