Overview
Unlock New Dimensions for Your Bank
Built on advanced architecture the Finacle Bancassurance solution provides a range of features to enhance bancassurance operations. It facilitates the processing of multiple insurance products, ensuring tailored suitability for customers, and streamlines commission processing.
With the flexibility to seamlessly integrate with any ecosystem application and insurance provider, Finacle Bancassurance enables banks to achieve operational efficiency. It provides a robust platform for navigating the complexities of the insurance landscape. This solution is crucial for banks looking to expand their service portfolio, delivering an enhanced customer experience through seamless and customer-focused interactions.
Feature Rich Solution
Built on the Principles of Interoperability and Openness for Collaboration
We continually strive to curate a wide range of wealth management products and services for our valued customers. This partnership with Infosys Finacle will help customers access a very diverse set of insurance products with great convenience.
Abdullah Tamman Al Mashani
Deputy General Manager – Institutional Sales and Product Development, Bank Muscat
Advanced Architecture Powering Finacle Bancassurance
Emirates NBD partnered with over 15 insurance providers to enhance its wealth management services. Leveraging Finacle Bancassurance bank aims to efficiently manage and optimize the insurance portfolios of its affluent clients, across conventional and Islamic banking.
Discover how Emirates NBD elevated customer satisfaction by reimaging connventional and Islamic insurance operations with Finacle Bancassurance.
Explore the Advantage
Unveiling Key Benefits
Seamless Operations Integration:
- Elevate operational efficiency with a unified bancassurance solution.
- Ensure seamless integration with insurance companies for a cohesive approach and streamlined workflows.
Revenue Maximization:
- Implement accurate revenue accrual mechanisms, including provisions for clawbacks, to eliminate potential leakage.
- Safeguard revenue integrity through robust commission reconciliation features.
Customer-Centric Servicing:
- Enrich customer satisfaction through efficient and customer-centric servicing tailored to their insurance policies.
- Provide real-time access to updated policy information, enhancing transparency and responsiveness.
Strategic Sales Management:
- Implement sophisticated product suitability checks to ensure tailored offerings for customers.
- Empower sales teams with advanced tools and simulators, facilitating more effective and informed conversations.
Market Benchmarking
Everest Group PEAK Matrix® for Wealth Management Products Provider 2023
Read this report to learn why Infosys Finacle is rated a Leader among 16 wealth platform providers. Get detailed insights on the capabilities and strengths of the Finacle Wealth Management Solution and why top banks like DBS and Axis Bank trust us to drive their success.
Kriti Gupta, Practice Director, Everest Group – “Dedicated focus on enabling technology capability via detailed dashboards, client portal, analytics processing, and 360-degree view of customers along with well-established presence in Asia and the Middle East, have helped Infosys Finacle secure a positioning as a Leader in Everest Group’s Wealth Management Products PEAK Matrix® Assessment 2023.”
