Financial Services - insurance

   
Overview

Microsoft for Insurance

Microsoft refers to its focus in insurance as the ‘insurance value chain’. This term refers to the benefits associated with linking and integrating systems that were previously separate. Microsoft and partners focus on developing standard-based solutions designed to integrate these systems, resulting in improved customer service and more efficient business processes.

In the insurance industry, Microsoft provides:

  • Familiar Microsoft products that help employees monitor, optimise, and work collaboratively with new and existing business processes.
  • A rich partner ecosystem, for best-of-breed solutions that increase business agility.
  • Software and solutions with a pre-installed capability, which more easily integrates the insurance value chain.
  • Software the enables straight-through business process, which enables people to unlock the full value of information.

New Case Studies

Case study: Lancashire Insurance Group
case study Startup Creates 40 Insurance Products in Just Four Months to Gain Instant Market Share
Read Case Study >
Case study: Towergate Partnership
case study Major Insurer Produces Business-Critical Reports in Hours Rather Than Months
Read Case Study >

 

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Solutions

Solutions

Insurance Value Chain
The insurance industry is an increasingly dynamic environment—both within the enterprise, where business strategies shift, and outside the enterprise, where unanticipated opportunities and threats are constantly emerging.

Channel sales and service
Take advantage of tools that your people already use to create a smooth link between your producers and customers.

Claims processing
Microsoft .NET Web services enable seamless integration and real-time data sharing between auto insurance companies and their application service providers. Applications managed under claims processing application include:

  • First notice of loss
  • Claims work flow
  • Third-party estimation and repair
  • Subrogation
  • Litigation management
  • Billing
  • Fraud detection

High Performance Computing
Microsoft Windows Compute Cluster Server 2003 brings the supercomputing power of high-performance computing in a familiar Windows-based development environment. Through the use of Microsoft High Performance Computing financial services customers will be more competitive by improving time to market, reduce operational risk by taking advantage of more computational intense calculation methods, and deal with regulatory compliance and date driven mandates. By integrating with products like Microsoft Excel, customers can model in Excel then go into production with as little rework and technical risk as possible. Integration with Office SharePoint Server 2007 provides the ability to lock down models as part of Sarbanes Oxley (SOX) compliance.

Microsoft Dynamics CRM
Microsoft Dynamics CRM can help your financial institution by working the way your people do. Microsoft CRM provides holistic client information by pulling it from disparate data sources and then delivering it to users through intuitive prospecting and customer relationship management (CRM) tools that are natural extensions of Microsoft Office system applications, such as Microsoft Office Outlook. By giving your customer-facing advisors and representatives access to the right information at the right time, Microsoft CRM provides better customer insight, enables improved customer service, and helps your organization attract and retain clients more profitably than your competitors.

Solution Partners

Solution Partners

Our partners use their deep industry knowledge to build and deploy solutions that fit your business needs.


Find an Insurance Solution Partner

Microsoft Dynamics partners for insurance

Insurance Partner Guide 2008
Insurance Partner Guide 2008 The Microsoft partners highlighted in this guide provide a range of software and services that can help insurance companies innovate, lower costs and expand their product offering geographically.
Download PDF (1.76MB)
Case Studies

Case Studies

Case study: Lancashire Insurance Group
case study Startup Creates 40 Insurance Products in Just Four Months to Gain Instant Market Share
Read Case Study >
Case study: Towergate Partnership
case study Major Insurer Produces Business-Critical Reports in Hours Rather Than Months
Read Case Study >
Case study: Norwich Union
case study Norwich Union Increases Life Insurance Sales with Contact Management Solution
Read Case Study >
Case study: Towergate Partnership
case study Underwriting Company Achieves New Success with Consolidated System and Rating Engine
Read Case Study >
Case study: PensionDCisions
case study UK Firm Uses Integrated Business Intelligence to Develop Pension Analysis Tool
Read Case Study >
Case study: Scottish Widows
case study U.K. Financial Institution Lowers Total Cost of Ownership per Desktop from £2,100 to £1,100 with Software Upgrade
Read Case Study >
Case study: Endsleigh Insurance
case study Employees Gain Better Access to Corporate, Industry Information with Enterprise Search
Read Case Study >
Case study: Sterling Insurance
case study Insurance Group Cuts Quote Time by 90 Per Cent with Solution Running on Latest Technology
Read Case Study >
Further Resources

Further Resources

MSDN Industry Centre – Insurance
Technical resources for IT professionals involved in specifying, deploying or maintaining IT solutions for insurance.

Insurance industry events and webcasts (US)
US events and downloadable webcasts for insurance industry.

Enterprise Briefing Centre
Microsoft’s Executive Briefing Centres in London and Reading are available for our Enterprise customers to ask questions, explore IT strategy and build relationships with Microsoft executives and business experts. These executive briefings are designed to help you create an IT roadmap for the future – and to ensure that you achieve maximum potential from your Microsoft technology investments. Download the PDF below or contact your Microsoft account manager.

Microsoft Executive Briefing Centre
Microsoft in Financial Services Microsoft Executive Briefing Centre: Empowering your enterprise to excel
Download PDF (253KB)



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