Performance Management

Measure and Improve business performance and generate quick ROI through Performance Management

Amongst the biggest challenges the insurance industry faces is to improve profitability, compliance and competitiveness in the marketplace. With increasing market unpredictability and growth in new geographies, the need for swift and accurate decisions has grown manifold. The key to understanding and addressing uncertainty is Performance Management. Customer and campaign analytics, risk analytics and claim analytics can improve customer retention, campaign effectiveness, optimize risk, minimize leakages, control expenses, improve fraud detection and meet stringent regulatory compliance.

Wipro's Performance Management practice helps insurers identify and address performance challenges using real-time dashboards, interactive what-if analysis, standard reporting and predictive modeling. Our pre-built solution components include consulting frameworks such as Blue.Sky©, KPI libraries, industry solutions such as iHawk, RecoSURE, iPersist & iXSUS, industry data models, business rules and visualization artifacts which ensure accelerated implementation of enterprise-wide performance management programs that generate quick ROIs with minimal disruption to business.

 
 
Reduce leakages and you make a splash
RecoSure, a recovery solution from Wipro helded identity and recover leakages by 13% in claims operations for a Top 5 Global P&C Insurer
 
The future success of insurance companies rests on the expansion of developed and emerging markets through innovative products and services, Wipro, is helping insurers make inroads into the future by deploying technologies that deliver insights that rapidly lead to customer-centric solutions, efficient work flows, deeper inter-organizational collaboration and informed decision making capabilities.