Solution for Insurance
Overview
In response to global competition, economic factors, and increasing shareholder
expectations, insurance industry leaders are transforming their enterprises to be
more customer-centric, innovative, and above all, cost- effective.
Tailored to meet the unique needs of the insurance industry, WealthCraft offers
a complete solution package for accomplishing insurance companies’ objectives, ensuring
strong customer relationships, marketing efforts, and corporate strategies to achieve
optional results. With the solution, insurance companies can manage, synchronize
and coordinate all customer touch points across any channels of interaction.
Solution Portfolio
For insurance companies, WealthCraft provides a total solution integrated with two
core products tailored to the industry specific needs:
-
Advisor Workbench
-
OneVue TA Solution
-
FundsMX
The total solution streamlines one-stop business processes from the first contact,
trust retention, financial planning, portfolio generation, and order management,
to sales and marketing management. With the total solution, insurance companies
are able to invest in a single platform to drive their financial applications, product
distribution, and services in a multi-channel, multi-departmental environment.
Features
- Easy-to-use: Compact and user-friendly menu decreases
stress and puts fun back into your work. Just pick-and-click can create high productivity
and release you from repetitive detailed administrative tasks. Even new insurance
agents lacking IT knowledge can easily operate the system.
- Works on your way: Smart open plug-and-components
enables a user-defined dashboard, user-defined email alert system, user-defined
product information, and even user-defined new entities or fields or business logic
that automates repetitive tasks.
- One-stop workflow: Insurance agents can fulfill a
complete order cycle in a single platform from first contact, customer retention,
financial planning, portfolio generation, order management, to customer relationship.
management.
- Automation: OneVue TA Solution advanced technology automates the order processing of clients'investments and achieves Straight Through Processing (STP) with our Funds MX Platform for SWIFTNet Funds.
- Portfolio Management: Advanced portfolio management
tools enables insurance agents to construct tailored portfolio, present in-depth
analytics, manage accounts for clients.
- Multi-language support available in four languages:
English, Traditional Chinese, Simplified Chinese, and Japanese.
- Powerful search engine: Advanced searching tools and
partnership with product data providers enables users to instantly access data from
large volumes of client or product data.
- Tight integration with Microsoft® Office:
Delivers a familiar and consistent user experience based on popular Microsoft Office
and Microsoft Office Outlook. Makes it easy to get the information insurance agents
need to know, serve and impress impress their clients.
Benefits
- Total Client Visibility: The total solution gives
insurance companies a 360° view of important client information, making it possible
to see and analyze client portfolios, transaction histories and potential opportunities.
- Increased Revenue: The total solution allows insurers
to store client information in one system. This, along with its Portfolio Management
and Analytics Module, makes it easier to cross-reference, cross-sell and up-sell,
and ultimately drive profit and growth. This integrated platform also enables insurance
companies to move from product pushing to portfolio management.
- Improved Customer Retention: Integrated with Microsoft
CRM, the total solution provides a complete history and management of the client’s
relationship with the institution. Real-time alerts of performance changes allow
constant monitoring of a client’s portfolio and client purchasing patterns to be
used to forecast opportunities, helping insurers tailor their strategies to actual
client needs and improve customer retention rates.
- Enhanced Regulatory Compliance: The total solution
fully integrates document and email systems while providing an audit trail to log
action on the systems record.
- A True Vertical Solution: It is truly vertical platform
that offers integrated market research, portfolio management, transaction management
and CRM, equipping insurance agents with all the tools they require for successful
insurance business.