Streamline Distribution Channels with Distribution Gateway Management
The Informatica solution for distribution gateway management simplifies data exchange between carriers and their distribution channels. It makes it easier for insurance companies, agents, and brokers, and policy holders to do business with one another.
- Cost-effectively expand distribution channels
- Adapt easily to customers’ changing needs
- Accelerate time to market and grow revenues
- Increase agent productivity and improve service
- Decrease overall expense ratios by reducing the cost of acquiring, retaining, and servicing a customer
- Reduce commission and brokerage expense ratios by reducing the costs of sales affecting commissions
- Lower general expense ratios by enabling easy access to reliable, integrated customer data, which reduces operating costs
Distribution Gateway Management Challenges
Information is constantly flowing between your company and your multiple distribution and delivery channels of agents, brokers, and policy holders. This information exchange occurs in a variety of data formats, creating a complex environment that is costly and difficult to maintain.
The way to reduce this complexity is to integrate and extend customer data from your business systems and applications to insurance agents, brokers, and other direct and indirect channels. Making the most of your data requires full data integration with industry standards such as ACORD. As a result, your company can provide superlative customer service and grow the business.
Distribution Gateway Management Solution Key Features
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Accesses all data—regardless of its source or structure—from arcane mainframe systems, as well as from relational databases and applications
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Converts structured and unstructured data to and from more broadly consumable data formats (e.g., ACORD) to support business-to-business and multiple-enterprise transactions
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Conducts high-precision, high-performance searches on identity data—and associated product, asset, and financial data—to find matches accurately and quickly, regardless of language, structure, format, location, duplication, omissions, or errors
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Analyzes and cleanses all data—including customer, product, and financial data—and measures, monitors, tracks, and reports on data quality at multiple points across your company through scorecarding and interactive remediation with the business
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Integrates massive volumes of real-time transactional and analytical data—residing both inside and outside your enterprise