Insurance industry background

Insurance Industry Solutions

Reinventing Insurance with Customer-Centricity, Data & Agile Innovation

DOMS Global supports insurers, insurtechs, brokers, and reinsurance players in unlocking future-ready models. From underwriting to claims to customer experience, we craft strategies for operational efficiency, product innovation, and trust.

Insurance technology

Challenges & Roadblocks

🧾 Legacy underwriting & fragmented customer data

🔄 High operational costs and manual claims handling

📉 Product commoditization and low loyalty

📱 Limited digital adoption among agents & policyholders

🔍 Regulatory pressure for transparency and disclosure

🌍 Struggle to serve underinsured or new-age segments

We help insurers build agile product portfolios, digitize core systems, and deliver omni-channel experiences—resulting in better customer outcomes, retention, and brand trust.

Example: A life insurer engaged DOMS to launch a mobile-first microinsurance product, design the GTM, and train field teams—resulting in a 60% increase in rural policy uptake.

Core Services in Strategy & Transformation

Product & Distribution Strategy

Launches new products with alternative channels like bancassurance

Digital Claims & Core System Design

Streamlines backend operations with cloud-native systems

Agent Enablement & Retention

Equips agents with CRM tools, rewards, and training systems

Customer Experience & Portals

Designs intuitive digital journeys across lifecycle touchpoints

Underwriting Innovation & Risk Intelligence

Builds predictive models and AI-powered underwriting frameworks

Regulatory Readiness & Governance

Helps meet IRDAI, solvency & actuarial governance standards

Delivered Solutions

Digital claims journey for a general insurer

Telemedicine-linked health insurance pilot launch

Agent CRM and loyalty program design for LIC channel

Go-to-market support for new cyber liability cover

Microinsurance bundled with agri loans in India

Resources & Insights

📘

Insurance 3.0: Where Tech Meets Trust

Guide
📊

Rural Insurance Penetration: Opportunity Map

Report
🧠

Using AI in Claims and Fraud Detection

Case Study