VALOORES in'Insurance: Nasco

VALOORES in'Insurance Solutions
allow clients to transform their insurance business and engage a new generation of consumers, deploy new products, and expand into new lines.

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VALOORES Group 25+ years of expertise with Tier 1 clients in Retail, Banking, Government, Multimedia, Education
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in'Claims Management VALOORES in’Claims Management delivers an enterprise wide claims platform that helps carriers dramatically improve claims efficiency and lower claims adjusting costs while improving customer satisfaction.
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in'Data Foundation VALOORES’s leadership in insurance demonstrates an unparalleled depth and breadth of analytical expertise to help insurers bring order to your data chaos.
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in'Revenue Management Delivers a best-in-class solution that is functionally rich, easily upgradeable, and highly efficient for insurance companies of all sizes and lines of business.
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in'Calculation Engine VALOORES in'Insurance Calculation Engine (VICE) is a rules-based product configuration tool that enables carriers to achieve agile business practices without the need to acquire a full policy administration solution.
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in'Policy Administration VALOORES in'Insurance Policy Administration for Life and Annuity is a highly-flexible, rules-based policy administration solution that supports policy issue, billing, collections, policy processing, and claims in a single system.
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in'Entreprise Rating Accurate rates mean getting the right products to the right people at the right time. With VALOORES in'Insurance Enterprise Rating—the adaptive, centralized rating solution for product management and premium calculation
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in'CRM Insurance With VALOORES’ In’CRM Insurance Solution, you can grow distribution revenues and improve agent loyalty.Our solution is one of the first Software as a Service (SaaS) CRM solutions designed specifically for insurance professionals.
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in'Data Exchange VALOORES’ in’Data Exchange revolutionizes data distribution in the insurance industry. With in’Data Exchange, real-time data is securely exchanged among carriers, producers, and third party service providers through a single touch point
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in’Document Manager With VALOORES in’Document Manager, you can manage all of them with a single powerful solution. in’Document Manager enables insurers to dynamically create, manage, publish and deliver adaptive enterprise content throughout the insurance business lifecycle.
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in’GRC Insurance One of the biggest bottlenecks in getting new insurance products to market is the process of preparing and submitting filings to regulatory bodies. The longer it takes to prepare and receive approval on a new product, the more revenue opportunities are lost.
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Nasco

Nasco Insurance Group is a privately owned group originally founded in Lebanon in 1969. Today, in addition to Lebanon, the group has a presence in France, the United Arab Emirates, Kingdom of Saudi Arabia, Qatar, Turkey, Nigeria, Egypt, Iraq, Tunisia and Cyprus. Driven by a cohesive team of 741 experts in insurance and reinsurance broking, underwriting, as well as related insurance-specific services, such as consultancy and third party administration, Nasco is always on hand to serve and guide its diverse clients.

Key Facts

Our aim at VALOORES is to continuously and effectively add value to Nasco’s operations and business. As of today, VALOORES has successfully solved the ongoing Data Discrepancy issues, enhanced the Data exchange Management and implemented a Referential Data Structure that covers Management reports’ data for Nasco. Moreover VALOORES has documented the entire BANKERS’ Business Processes and has thus achieved the following:

Visualization of the business processes which are only known by heads of departments in bits and pieces
Eliminate the concentration risk in case of a key employee departure
Enable BANKERS / VALOORES’ team to improve the existing procedures
Digital transformation

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