GMC Software Launches GMC Inspire Client Onboarding for Insurance
| Proquest LLC |
GMC Software Technology, a company focusing on Customer Communications Management (CCM) and output management, announced the release of its latest application, GMC Inspire Client Onboarding for Insurance.
According to the company, a part of the GMC Inspire solution suite, Client Onboarding provides effective execution of the onboarding process with branded documents for underwriting that are consistent, traceable and customized, improving the overall customer experience for insurance enterprises.
Based on a modular platform, the application automates front and back office processes, ensuring consistency of complex information across the organization and allowing insurance company staff to readily respond to changing customer demands. It seamlessly connects customers to agents, underwriting and call center staff, all of whom have real-time access to tools and data to complete compliant, consistent insurance documents.
As described by the company, the features include:
-80 percent quicker implementation time of new insurance products and regulatory changes, which lowers abandonment rates during the onboarding process and improves retention for renewal and upselling
-64 percent faster writing of individual communications than standard office systems, which leads to a better customer experience
-50 percent reduction in total cost of ownership with a single platform, which also overcomes barriers in a legacy IT landscape to improve agility
-50 percent greater efficiency, with control given to business users while consolidation of the number of templates provides major savings in application maintenance. This leads to higher retention of agents/brokers who have the tools they need to work more effectively and efficiently even from remote locations
"The complexity of today's insurance products often means a slow, laborious process to put accurate, branded communications in the hands of the insurance company's most important asset-its customer," said
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