Wynsure as a Service

Wynsure as a Service is a hosted multiline policy admin product that focuses on Group Benefits (L&H), Individual Life, and Credit Protection Insurance segments. It is a configurable multilingual policy admin system. It meets end- to end functional requirements in the chosen industry segments across new business & underwriting, enrolment, quote generation, claims, billing and accounting, commissions and customer service functions.

It is a secure, industry compliant and scalable offering that includes application hosting and management, consulting & configuration services and 24×7 operation support. Its global team of experienced professionals possess deep knowledge of both—the insurance industry and Wynsure product, helping clients solve unique business challenges, achieve rapid implementation and faster results.

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Customer Success Story

Wyde provided Client with a managed end-to-end solution with its secured infrastructure, operation, support and maintenance, ensuring service continuity and quality of use of the product. The project was implemented within 6 months (against the scheduled time of 9 months). This was enabled by effective project planning to use native capabilities of Wynsure to adapt to the customer’s management processes. This ensured minimal customizations. Client team was very satisfied as both phases went live before the due date.

Wyde helped in digitalization of more than 60% of client’s processes, moving away from largely manual processes and legacy systems. This ensured:

  • Cost efficiency: client’s operating costs reduced to 50% of what was spent on the previous system.
  • Time to treat claims reduced by 50%; productivity increased by 50%.
  • Automated document workflow that helped the client go paperless saving mailing expenses.
  • Almost 80% of the claims were treated automatically with no human intervention.

Wynsure as a service was deployed on usage based model. This ensured a more economically beneficial solution with billing based on number of claims. No huge upfront costs.

The cost included complete support and regulation updates, so Client is 100% compliant all the time. 

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Customer Success Story