Inet, Insurance Network, working in a niche focused domain, provides electronic B2B services and applications that will increase the efficiency and collaboration of the insurance sector players i.e. carriers, intermediaries, service providers.
The players in the industry; insurance companies and insurance intermediaries (brokers and agents including banks) participate in Inet by an annual membership and benefit from the Inet service(s) that they choose, within the membership period.
Inet provides turn key solutions to all insurance intermediaries, agencies or brokers, small or large, allowing them to concentrate on their core business while benefiting from the best IT systems and support. Insurance business activities like production, policy offerings, policy renewals, portfolio management and data transfer among insurance companies and insurance intermediaries can be completed easier, quicker, fault free and with higher quality in Inet. Sales closing and customer service are improved significantly by use of mobile devices.
Through Inet, insurance intermediaries can receive the policy offerings from the insurance companies quicker, more reliable and send the offer to their customers in a professional business format by fax or e-mail. The accepted and approved offer can directly be transferred to the insurance company’s own system to be transformed into policy format. Increasing the efficiency and volume in the intermediaries will enable insurance companies achieve higher profits and production.
The primary Inet services that will be offered to the insurance industry are; Inet Integrated Intermediary Services, Inet Data Integrity Service, Inet Sales Service and Inet Collection Service. Inet will provide other services to both intermediaries and insurance companies to further improve the efficiency of the sector. Inet Claims Service that will provide collaboration among carriers, intermediaries and service providers, and Inet Interaction Service that will provide different interaction methods and tools to increase renewal and collection success ratios and increase service capabilities of users, will be the most significant ones.
