CRM FOR INSURANCE

Bee Kavach CRM

Overview of Insurance Industry

Growing Interest in insurance among people, innovative, and distribution channels are aiding growth.

The growing use of the internet has pushed the demand.

Insurance reach is still lower in India. The overall insurance process of penetrating (premiums as % of GDP) in India was 3.69% in 2017, providing a huge underserved market.

Insurance Bill gives the Insurance Regulatory and Development Authority (IRDAI) full flexibility to frame regulations for all sectors.

Tax incentives on insurance products make it more attractive.

Market Size

The Overall expected Market size, sector of Insurance US$ 280 billion in 2020.

The Overall Insurance penetration of GDP in India reached 3.69% in 2017 from 2.71 in 2001.

Enrolments under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) reached 154.7 million till December 2019 since its launch.

Why CRM in Insurance Sector

Take full advantage of Bee Kavach CRM’s capabilities out to customers across multiple channels and build strong relationships.

Manage auto workflows to help all teams stay efficient while maintaining high-quality service to help your agent for more customers.

CRM Helps Understand Customers In a Better Way

Insurance customer, they belong to a different background. Determining their demographic and psychographic characteristics is immensely crucial. Additionally, risk assessment of customers must also be done objectively.

On-boarding Customers Is Easier

Insurance agents find it challenging to handle multiple forms, documents, and verification processes at a time. it causes unnecessary delays, and customers get frustrated. Instead, expect the profits. Bee kavach CRM in an insurance company can help agents onboard new customers instantly.

Excellent Customer Service

To strive in this ferocious competition, insurance companies always look for ways in which they can differentiate themselves from their competitors. one key to achieving this is to deliver superior customer services. This encourages repeat purchases from existing customers. Increase lifetime value, and acquire new customers.

Personalize Marketing & Sales Campaigns

Customers crave personalization. Moreover, research shows that the Tailor-made system (Bee Kavach) helps in creating a sense of urgency among the customers. Insurance companies without CRM lack insights requirements for personalized sales and marketing campaigns.

Upsell and Cross-Sell Insurance Products

CRM, Insurance companies can fetch insights and determine customer behavior They can quickly identify customers' pain points and need. Accordingly, they can choose to upsell and cross-sell insurance products. If insurance companies not using CRM often fail in recognizing customer needs and can not utilize the benefits of cross-selling insurance products.

CRM Boosts Insurance Agent’s Efficiency

Insurance agents are frequently on the move. They always find the need for customer data from any time and anywhere. CRM software empowers them to do so right on their smartphones. Onboarding new customers, creating profiles, providing customer services, more become easy. Insurance agents can free from paperwork with CRM installed on their device. It results in increased efficiency.

Unlock your creativity

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Lifetime update

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Premium designs

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Block builder

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OUSTANDING FEATURES

Design leads to performance,Performance leads to sucess!

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OUSTANDING FEATURES

Services we provide

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Business consultants

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Digital Innovation

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Branding Identity

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