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Worldwide, the insurance industry is going through a phase of disruption owing to changes in the markets, business climate and in widening client requirements. In this ever-changing environment, it has become imperative for insurers to evolve with more impactful value proposition for their customers and stakeholders. In the backdrop of these changes, insurance back-office services have acquired wider importance and greater urgency.

After all, smart and efficient insurance back-office support cannot only be a pillar of strength to insurance carriers, but can also drive their transformation, new market forays and product enhancements.

Insurance Support World is at the forefront of the back-office industry guiding insurance companies through these imperatives of changing times and requirements. We custom design process-driven solutions for each segment of the industry addressing every aspect of the function, driving efficiencies through our well-charted operating models and making them resilient and future-ready.

Our domain expertise has been strengthened through years of servicing a wide spectrum of clients across the globe. Our end-to-end insurance back-office solutions provide 360-degree value to client organisations. The goal is to streamline processes, establish quality protocols, transform the function, and make it capable to take on increased challenges in the marketplace.

Our Insurance Back Office Services

New Business and Customer Acquisition

New Business and Customer Acquisition

  • Agency and Broking Services
  • Contracting
  • Renewals
  • Commissions
  • Billing
  • Campaigns Management
  • Data Analytics
Underwriting and Policy Admin

Underwriting and Policy Admin

  • Underwriting Support
  • Quotes, Binders, Submissions
  • Policy Setup and Issuance
  • Mid-term Adjustments
  • Credit Control
  • Cancelations
  • Renewals
  • Endorsements
  • Compliance support
  • Certificate Re-issue
  • Lapses
  • Renewals and Quotes
Broking Services

Broking Services

  • Prospect Profiling
  • Placement and Submission Support
  • Invoicing
  • Policy Administration
  • Claims
  • Data Analytics
  • Business Intelligence and Insights
Claims Management

Claims Management

  • Claim Setup
  • Liability assessment
  • Adjudication
  • Supply chain management
  • Subrogation and Recoveries
  • Claim Settlement
  • Claims Audit
  • Reserving
  • Personal Injury claims
  • Fraud Checks
  • 3rd Party Payments
  • Debt management
Legal Services

Legal Services

  • Personal Injury Claims Processing & Litigation Support
  • Regulatory Research
  • Contract Management & Corporate Legal Services
  • Company Secretarial Services
  • Research Support
  • Legal Transcriptions
Insurance Accounting

Insurance Accounting

  • Accounts Payable
  • Accounts Receivable
  • Financial Reporting
  • Regulatory Reporting
  • Payroll Processing
  • Treasury
  • Capital Management
  • General Ledger
  • Financial Planning and Analysis
  • Asset Management
  • Commissions Management
  • Policy Holder Accounting
  • Investment Reporting
  • Tax Preparation
Insurance Analytics

Insurance Analytics

  • Data Modelling
  • Pricing Support
  • Business Intelligence
  • Visualisation
  • Catastrophe Modelling
  • Insight Generation
  • Sales and Distribution
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Insurance Support World Practice Highlights:

Providing insurance BPO solutions to over 100 global customers
Exclusive Insurance Competency Center lead by industry experts
LOMA-certified
99% success in handling projects
Re-imagined operating models for flexibility and agility
Quality-driven process transformation
Driving continuous productivity through data-driven process improvements
Enabling cost optimization through automation of low value work

New Business Servicing

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Policy Management

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Commission Mangement

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Claims Administration

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Who We Serve

Insurance Support World caters to the full spectrum of insurance clients from carriers, MGAs to wholesalers and retail brokers.

Insurance Carriers Icon

Carriers

Our insurance experts provide specialized solutions to carriers across various domains, including home and property, life, disability, health, and automobile.
Insurance MGAs Icon

MGAs

Our premium back-office services, like underwriting, policy management, and claims administration, ensure that MGAs are future-ready.
Insurance Wholesalers Icon

Wholesalers

Insurance Support World assists wholesalers across critical geographic regions, managing their business and building new go-to-market strategies.
Insurance Retail Brokers

Retail Brokers

Our insurance back-office solutions have strengthened customer relationships and helped them drive business growth and expansion.

Optimize Your Business Growth by Hiring a Team of Experienced Professionals

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Testimonials

Insurance Support World, our partner in back-office service for core insurance functions, has been instrumental in bringing significant efficiency into our processes. What started with streamlining data at the input level, and restructuring process flows to cut out non-value-added activities, gradually led to the emergence of revised operating models that are lean and which make efficient use of resources. These have reduced our operating costs significantly giving us better profitability.
Insurance AgencyHouston, Taxes
When we started working with Insurance Support World, our processes were cumbersome and time-taking. This was especially true for our claims management and our commissions management functions. Verifications, allocations, payments took a long time to process resulting in high costs. The ISW team streamlined these, brought in efficiency and flexibility that stabilized and strengthened the processes, and enabled us to focus into new-markets strategies.
P & C Insurance AgencyMiami, FL
We have been working with Insurance Support World for more than two years now. Through this period, they have automated a whole bunch of the processes that were tedious and time-taking, including processing of forms and follow-ups. With the processes getting smarter and more efficient, our customer experience metrices have improved. On the whole, we have been able to carve out a niche for ourselves in the traditional carrier segment.
An Insurance BrokerSan Jose, California
Insurance Support World has helped us redesign our routine back-office processes, making them straightforward and intuitive for policyholders. These have, in turn, resulted in heightened customer delight, giving us a lot more good name in the market. We attribute a large chunk of our business growth in the last two quarters to increased confidence and repeat business of our clients. Team ISW sure have set us on the right path!
An Insurance WholesalerPhoenix, Arizona
We have been able to deliver seamless experience to our customers across multiple channels owing to the sturdy backend support by Insurance Support World. They have given us an edge with respect to documentation management, data management and customer service. And so, despite the problems posed by the pandemic, we have been able to increase our customer base across existing and new states. All on the basis of our strong back-office. Thanks ISW!
An Insurance CarrierNorfolk, Virginia
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Latest Blogs

Build your understanding of the insurance worlds’ trends, technology and disruptions

How Data Analytics is Transforming the Insurance Industry
16 May, 2023
How Data Analytics is Transforming the Insurance Industry
According to the Market Research Report published by Fortune Business Insights in April 2023 for the base year 2022, “The global big data analytics market size was valued at $271.83 billion in 2022”. Of this, the Banking and Financial Services and Insurance (BFSI) industry holds 23%, one of the biggest chunk. The report further adds,...
Outsourced Insurance Partner – Core Technology Enabler
26 Apr, 2023
Outsourced Insurance Partner – Core Technology Enabler
With technology, changing customer expectations, and regulatory changes fast shaping a different future, the insurance industry is on the cusp of significant change. Of these, insurance technology, or insurtech, is making sweeping transformations of insurance operations. From improving customer experiences to enhancing underwriting and risk management, insurtech is disrupting the industry by offering new business...
Avoid Growth Pangs – Outsource to Insurance BPO Services Providers
23 Mar, 2023
Avoid Growth Pangs – Outsource to Insurance BPO Services Providers
Marketplaces are rife with the frenzy caused by disruptions that include COVID-19, the ongoing Russia-Ukraine fallout, and the resulting threats of global recession on one hand, and digital convergence on the other. Most insurers have pivoted well and are growing by widening and diversifying their product offerings to meet the requirements of this ‘new world’....

ISW brings over 13+ years of industry experience and a team of 500+ professionals serving a wide range of clients worldwide, leveraging our insurance niche skills, expertise, and experience for higher operational productivity and process optimization.

ISW acts as a partner in growth by adding value to unleash your limitless potential.

Since 2009, global experience in delivering insurance BPO solutions
Skilled team of experts with proven success in generating process efficiencies
Well-defined workflows to reduce delays and errors
24x7 operations to deliver the time zone advantage
Creating operational efficiencies and growth opportunities within your organization
Cost-effective services in keeping with competitive industry standards
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