Mphasis Wyde Launches Wynsure-as-a-Service to Provide Seamless Solutions to Customers

By CIOReview | Tuesday, March 29, 2016
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FREMONT, CA:  The insurance market aims at providing more support to the user by introducing new products adapted to the changing requirements, in order to ensure best customer relations. The modern day insured, is better informed, wishing to negotiate its contracts, and ultimately enabling better quality of service for a competitive price. Mphasis Wyde, a policy administration solution provider unveils Wynsure as a Service, the company’s first PAS on the cloud for the North American market.

Wynsure as a Service is a cloud based infrastructure approved by ASIP health that allows users to launch new product, to cover a new market and outsource a specific part of managed products. It also offers quality service commitment by leveraging modernity, flexibility, and operational efficiency. The multilingual policy admin system focuses on Group Benefits, Individual Life, and Credit protection Insurance segments. The Solution also streamlines end to end functional requirements in the chosen industry segments including new business and underwriting, enrolment, quote generation, claims, billing and accounting, commissions and customer service functions.

The secure and scalable cloud platform helps clients solve unique business challenges and achieve rapid implementation and faster results by offering solutions comprising, application hosting and management, consulting, configuration services and 24x7 operation supports. The robust benefit of Wynsure comprehends an easy availability of complete business solution on short notice for all business modules. Additional benefits include no hidden cost of infrastructure or database licenses. The solution also maintains cost transparency by covering a complete package inclusive of PAS offering, consulting, configuration services and infrastructure. The cost is also proportional to the volume of activity based on the number of contracts and invoices.

“Our global team of experienced professionals possess deep knowledge of both the insurance industry and Wynsure product, thus helping clients solve unique business challenges, achieve rapid implementation and faster results,” says Rajesh Makhija, Chief Executive Officer, Mphasis Wyde.