Insurance

Today is economic climate is causing unprecedented challenges for the insurance industry. Companies face a changing competitive landscape, decreasing margins, capital constraints, and a need for superior customer service. Siliconteq understands how these challenges affect our clients, which is why our insurance solutions focus on delivering capabilities that provide immediate benefits and sustain long-term results.

Siliconteq is a trusted provider of end-to-end business process, consulting, application and infrastructure solutions for the insurance industry. We were founded on the belief that companies must collaborate with their customers to ensure success and help them achieve and build measurable results. As you face today�s business challenges, we are focused on helping you break through the competition to reduce policy administration costs, improve service quality, accelerate speed to market, and manage risk.

Reduce costs, increase quality, and maximize efficiency by transforming your Policy Administration and other home office functions.

Siliconteq provides a wide variety of Business Solutions to the Life Insurance industry. Supporting a wide array of products, Siliconteq can manage discrete business functions, such as document management or claims, or assume responsibility for the entire policy lifecycle. Whether we�re delivering from your site or from one of our many locations around the world, Siliconteq can provide management for your business function.

New Business

» Application Entry, Editing and Changes
» Underwriting
» Policy Printing
» Policy Assembly, Quality Checking and Mailing Scanning
» Document Management

Commission

» Commission Processing and Payment
» Agent Hierarchies
» Commissions Reporting
» Commission Accounting

Call Center

» Producer Support
» Policyholder Support

Policyholder Service

» Policy Changes
» Contract Administration
» Policy Re-issue
» Policy Reinstatements
» Interest Rates
» Annual Statements
» Notices to Policyholders

Policy Accounting

General Accounting

» Check Reconciliation/Aging
» Commission Accounting and Payment
» Reinsurance Accounting

Claims Administration

» Notice of Claim
» Open Claims
» Claim Review
» Claim Adjudication
» Claims With Reinsurance