Today’s insurance Companies face a changing competitive landscape, decreasing margins, capital constraints, and a need for superior customer service. Innomax IT Solutions understands how these challenges affect our clients, which is why our insurance solutions focus on delivering capabilities that provide immediate benefits and sustain long-term results.

Innomax IT Solutions is a trusted provider of end-to-end business process, consulting, application and infrastructure solutions for the insurance industry. We were founded on the belief that companies must collaborate with their customers to ensure success and help them achieve and build measurable results we are focused on helping you break through the competition to reduce policy administration costs, improve service quality, accelerate speed to market, and manage risk.

Reduce costs, increase quality, and maximize efficiency by transforming your Policy Administration and other home office functions.

Innomax IT Solutions provides a wide variety of Business Solutions to the Life Insurance industry. Supporting a wide array of products, Innomax IT Solutions can manage discrete business functions, such as document management or claims, or assume responsibility for the entire policy lifecycle. Whether we are delivering from your site or from one of our many locations around the world, Innomax IT Solutions can provide management for your business function.

New Business

  • Application Entry, Editing and Changes
  • Underwriting
  • Policy Printing
  • Policy Assembly, Quality Checking and Mailing Scanning
  • Document Management

Commission

  • Commission Processing and Payment
  • Agent Hierarchies
  • Commissions Reporting
  • Commission Accounting

Policyholder Service

  • Policy Changes
  • Contract Administration
  • Policy Re-issue
  • Policy Reinstatements
  • Interest Rates
  • Annual Statements
  • Notices to Policyholders

Policy Accounting

General Accounting

  • Check Reconciliation/Aging
  • Commission Accounting and Payment
  • Reinsurance Accounting

Claims Administration

  • Notice of Claim
  • Open Claims
  • Claim Review
  • Claim Adjudication
  • Claims With Reinsurance

Call Center

  • Producer Support
  • Policyholder Support