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Mphasis unveils ISM to automate processing of new insurance applications

10 Jun 2013 Evaluate

Global service provider MphasiS has introduced a new technology, Insurance Sales Modernization (ISM), to allow life insurance and annuity sales executives to process new insurance applications electronically, using their natural handwriting. The new application is designed to reduce the time and cost of submitting new applications, ISM will enable carriers to process new applications quickly and lower Not-In-Good Order (NIGO) rates, while allowing agents to complete applications in their preferred method using paper and digital pen or tablets.

Mphasis is a $1 billion global service provider, delivering technology based solutions to clients across the world. Mphasis services clients in banking and capital markets, insurance, manufacturing, communications, media & entertainment, healthcare & life sciences, transportation and logistics, retail and consumer packaged goods, energy & utilities, and governments around the world.

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Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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