Blog
See All Blog
Cloud application and its transformation in 2020

Sep 16

Blog
See All Blog
Cloud application and its transformation in 2020

Sep 16

Blog
See All Blog
Cloud application and its transformation in 2020

Sep 16

Harness A New Generation Of Digital-Native Customers

Today's customers demand more speed, empowerment, more choices, channels, convenience, innovative digital-enabled insurance products, and personalized services. Now is the time to rethink how you do business, re-engineer your internal operating models, and embrace transformative solutions to gain the edge and outsmart your future.
At Monocept, we work with you to transform your systems, processes, and technology. We aim to design custom sophisticated insurance digital solutions powered by intelligence capabilities such as AI, ML, and predictive analytics to aid rapid digital transformation. Let us be your trusted digital transformation partner to address the most demanding challenges for high-end agility, efficiency, and profitability.

Watch Video

Why Become A Digital Insurer?


Digital transformation delivers tangible and intangible benefits across your insurance value chain, especially in six specific areas:

Cost-competitiveness

Leverage cloud-based solutions for high-end operational efficiency and reduce complexities of current operations, especially in claims management and fraud detection, to reduce risks and costs and achieve unlimited scalability.

Greater agility

Enjoy immense capabilities to rapidly enable, update, change or adapt your business processes with minimal risks or disruption to meet the ever-changing insurance market.

Personalized Insurance offerings

Develop better digital products and experiences tailored to your unique customers for higher revenues and customer retention. Gain the advantage to delight and impress your customers across multiple channels.



Process Automation

Get rid of bottlenecks and tedious manual processes to achieve end-to-end visibility for astounding sales, productivity, and profits. With digital transformation, you can get the best out of your people, processes, and technology.

Unified CX and EX

Leverage integrated design and synchronous processes that enable transparent communication with customers and employees for higher efficiency and build your company reputation without hassles.

High-End Responsiveness

Seize the advantage of real-time data-driven insights to detect challenges and make critical business decisions about underwriting, policies, and new product offerings, on time.

Get Inspired

40%


of consumers continue insurer relationships based on the quality of experience

39%


of U.S insurance customers cancel contracts due to customer experience in 2019

71%


of consumers perform digital research before buying insurance

50%


of consumers will willingly provide additional personal and lifestyle information to secure the best deals.

90%


of insurance executives agree that customization and real-time delivery are the next big competitive advantage waves.


How Monocept Helps



Our experts who share a passion for innovation and understand the industry's challenges. This means we develop digital transformative solutions for hundreds of insurance use cases. We work with Life, Health and general insurance companies helping them gain an advantage in their unique sectors in the insurance industry.


That way, by combining deep expertise and extensive experience, you can trust in our ability to help you develop future-proof business models and cutting-edge solutions that deliver brilliant returns on investment. From concept to actualization, our methodology is designed to give you a lower-risk adoption path that helps you scale your business lightning-fast.

digital-transformation

Cloud Migration

Monocept offers the best of cloud platform tools and services customized to your needs. We work with you to develop a new cloud ecosystem, transform your legacy tech stack, and optimize your IT ecosystem without starting from scratch, to give you real, measurable business value without business disruptions.

DevOps Consulting

DevOps accelerates digital transformation by breaking down silos and barriers to creativity. Our DevOps consultants can work with you to develop better digital features, functionalities, and capabilities, paving the way for continuous change and rapid growth.



QA Automation

We understand your need to develop awesome products at a high-powered speed. Our intelligent automation frameworks and strategies help you test faster with optimum precision, to accelerate your release cycle, minimize the overall cost of quality and risks and meet escalating customers' demands rapidly,

Enterprise Architecture

We collaborate with you to understand your business processes and align the right technologies and solutions to achieve end-to-end alignment to enhance business operations and help you achieve agility.


Best-in-Class Digital Transformation In Financial Services

digital-transformation

Monocept's digital transformation capabilities extend beyond the insurance sector. We also work with innovative, savvy banking and financial service companies to build intuitive and intelligent customer-first business models and products that dramatically grow their business. Let us help you transform your customer relationships, meet stringent and complex regulatory compliance, streamline operations and pave the way for all-around digital transformation.


We will work with you to navigate industry disruption and build robust networked digital ecosystems to achieve meaningful and measurable business outcomes. Whether you want to focus on improving workplace experience, customer interaction, increasing operational excellence, or deploying to the cloud for increased flexibility and agility, we can help achieve your goals.

Move Digitally Forward With Confidence


We take time to understand your challenges, goals, and industry potential to forge robust solutions, rework your insurance strategy from ground up, and uncover opportunities to serve your employees and customers for unstoppable growth.