On an average users of Insurance companies work with more than 20 IT applications and external business partners uses up to 10 applications with access to the insurers’ data. In order to safeguard reputation, revenue and retention rates, the insurer must ensure that their customers are fully satisfied with its services and their data is fully protected. But, due to unauthorized access to critical data of customers by cyberattacks, misuse by insiders or hacker attacks, there is lot of threat to security of data of insurance industry.
QuickLaunch help insurance companies in creating and managing secure identities of users, agents and partners therefore offering seamless and friction free access to policy information across channels and devices. It helps in simplifying and safeguarding access to digital properties with tiered single-sign-on, two-factor and step-up authentication.
QuickLaunch IDAM framework helps in combining demographic data with behavioral and personal preference insights on consumer interactions. Managing identities centrally creates a richer view of policyholder’s data which increases revenue and brand loyalty. Gain new insights from reporting tools and segment data.
QuickLaunch IDAM offers automated provisioning and de-provisioning, making onboarding joiners and deprovisioning leavers in systems very simple, while keeping in mind security issues. Quickly and consistently control a user's access across all business applications throughout the organization.
QuickLaunch IDAM not only ensures compliance but also helps insurance companies in maintaining more secure systems and applications. With audit paper trail, users can track when, how and by whom identity data was accessed. Detailed audit logs allow users to answer questions like “who can access which data and applications” or “who authorized this access” at any time.