Life insurance carriers around the world face competitive consolidation, emerging distribution channels, changes in buying behavior, and mounting pressure to increase profitability.
To succeed in this highly-regulated environment, insurers require distribution management solutions to effectively manage these growing channels and strong analytics to stay ahead of the changing landscape.
Synygy provides consulting, technology, and outsourcing services that deliver the tools, processes, and expertise insurers need to effectively manage the agent lifecycle, increase operational efficiency, and improve marketplace agility and sales performance.
Synygy’s distribution management solutions enable carriers to:
- automate end-to-end processes (licensing and appointments, on-boarding, hierarchies, commission schedules, contract management, etc.) to streamline operations
- increase visibility into individual, product, and channel performance to drive sales productivity
- leverage analytics to accurately determine profitability by product group, channel, and broker relationship
- deliver actionable information using reports, analytics, dashboards, and trigger-based alerts to improve sales effectiveness
- easily adapt to changes in company strategy or market shifts