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e-Insurance Trend with Benefit Illustration in a Cloud Computing Environment

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IJCA Proceedings on National Seminar on Recent Trends in Cloud Computing
© 2014 by IJCA Journal
NSRCC
Year of Publication: 2014
Authors:
Prachi Sontakke

Prachi Sontakke. Article: e-Insurance Trend with Benefit Illustration in a Cloud Computing Environment. IJCA Proceedings on National Seminar on Recent Trends in Cloud Computing NSRCC:16-19, May 2014. Full text available. BibTeX

@article{key:article,
	author = {Prachi Sontakke},
	title = {Article: e-Insurance Trend with Benefit Illustration in a Cloud Computing Environment},
	journal = {IJCA Proceedings on National Seminar on Recent Trends in Cloud Computing},
	year = {2014},
	volume = {NSRCC},
	pages = {16-19},
	month = {May},
	note = {Full text available}
}

Abstract

e-Insurance Account form is an upcoming technology in India which acquires policyholder's previous policy data (from any other Insurance company) to check whether he may apply for the new policy again. Therefore, a cloud-based network enables each of the Insurance companies to communicate within themselves in a secure manner. Benefit Illustration (BI) is detailed calculation measure which allows the client to see the comparisons between each of the client's interested company's policy plan and also provides him with a best suitable plan. Many a times client needs to interact directly with a financial advisor (expert) in case of susceptible doubt or most of the times for the assurance of the policy. Various ways such as face-to-face communication, telephone interaction and video links are being provided for a better intercommunication. Search engine is another way for a client to check the policy plans of a specified company- this would direct the client towards the company's website. BI, expert interaction and search engine are collaborated into one application called InsuranceApp, which is then provided to the client in the cloud – SaaS (Software-as-a-service).

References

  • IC-33 Stud text: 2011 "Pre-recruitment qualification for life agents"
  • "Cloud computing as a search engine" available at "computer. howstuffworks. com/cloud computing/to-the-cloud-meaning. htm"
  • "Search Engine and Cloud Computing" available at "media. people. com"
  • "How to Compare Insurance Companies" available at "carinsurance. about. com"
  • "What is SaaS?" available at "searchcloudcomputing. techtarget. com/definition/Software-as-a-Service"
  • "Cloud basis: Software as a service – Microsoft", www. microsoft. com/industry/government/guides/cloud_computing/4-SaaS. aspx
  • "e-Insurance Account Form" by Bharti AXA Life Insurance Company