VISoF is Digital platform by Binary Semantics, addressing the policy distribution needs of Insurance sectors such as Motor, Health, Life, Travel, Group Insurance, PA risks etc.
Successfully customized and implemented, our solution is being used for over 10 years by most of India’s automotive companies. As Insurtech Company we enjoy leadership position in the policy distribution needs of motor insurance.
No wonder, we have partnered with most of General and Life Insurers, Leading Intermediaries, Web Aggregators and Retail Channel Partners.
Solutions for Life & Non-Life Insurance Products
General Insurance
Motor
Health
Travel
Home
Marine
PA Risks etc
Life Insurance
Term Life
Endowment
Micro Insurance
Group Insurance
Product Variants/Editions
VISoF Automotive OEM e2e
Covers entire lifecycle operation of automotive OEM insurance business i.e. policy issuance and post policy actions such as Endorsements, Cancellations, Claims in real time by integrating with Insurer core system. Solution is available for Cars, Motorcycles and Commercial Vehicles. Highly flexible and customizable solution.
VISoF Retail/B2C
Includes Life and Non-Life Insurance Business such as Motor, Health, Travel, Life, Marine, and Home Insurance. Ideal for Intermediaries having wide network of Agents, Affiliates, Corporate Clients and Channel Partners. Customized as per your requirements.
For small-medium size Brokers/Intermediaries, this is also available on SaaS (Software as a Service) distribution model enabling rapid kick-start of your business. Real time analytics available providing product segment wise business insights.
VISoF B2C2C/Affinity/Corporates
Developed on the lines of Retail platform, offers flexibility and ease of configuration ensuring wider network and increased penetration.
VISoF POSP Onboarding and Policy Distribution
Especially suited for POS, giving complete insight into the business generated and receivables.
VISoF BrokerOne
The suite is designed to meet insurance business needs, manage back-office operations and regulatory requirements of a Broker/Intermediary under one roof.
InVISoF for Insurers
Specific tailor made solutions for Insurers catering to specific needs for Policy Distribution and Claims.
Access
Chatbot
Explore a completely new way of serving customers by leveraging ubiquitous Whatsapp. Give your customers an unmatched experience via our whatsapp solution and simplify the policy buying process.
Voice Assistants
Let customers connect with your brand like never before. Create engaging Alexa skills and Google actions to get your customers connect more with their insurer. Know more about the insurance policy terms or any news on new product offerings.
User Segment
Automotive OEMs
Tap exclusive OEM tie-ups, enabling complete motor insurance administration – issuance, claims, endorsements, cancellations at dealership itself.
Retail Channel Partners
Enable distribution channel partners like financing companies, financial advisors etc. to service insurance needs of their customers using your broking expertise.
Point of Sale Person: POSP
Complete POSP application for POSP onboarding, policy issuance, business management – leads, commission, renewal tracking, reports and dashboards.
Corporates
Provide your corporate client with a dedicated portal for their employees to buy new / renew insurance policies, report claims etc. with you having complete control over the process
Retail Portal
Enhance customer experience with an online self-service portal for real time policy issuance for life and non life insurance products like motor, health, travel, term insurance etc.
Field Sales Agents/ Tele Sales Agents
With a robust backend broker application for Insurance business management, enable tele calling / field sales to service customer for policy issuance, tracking post policy actions.
Software Deployment Approach
On Premise
Cloud Based (SaaS)
Key Industry Solutions
Enhanced Savings
Digital transformation of existing business and processes with help of a robust back-end engine with our turn-key solution for insurance policy administration through a responsive web portal compatible with the latest devices and browsers help improve productivity by 75% and operational efficiency by 100%.
Increased Revenues
Our end to end integrated web based platform benefits all stakeholders of Insurance ecosystem - Insurance Company, Brokers, Web Aggregators, Corporate Agents to quickly roll out new products to market, reach more customers and quickly adopt new business models leveraging technology
Customer Delight
Create a seamless omni channel experience wherein you are able serve customers irrespective of the channel they reach you – Web, mobile, Tele Call or In Person. Serve your customers better with real time policy issuance.