List of Novac STATIM Policy Administration Customers
Chennai, 600018,
India
Since 2010, our global team of researchers has been studying Novac STATIM Policy Administration customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Novac STATIM Policy Administration for Insurance Policy Administration from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Novac STATIM Policy Administration for Insurance Policy Administration include: Shriram General Insurance, a India based Insurance organisation with 5000 employees and revenues of $500.0 million and many others.
Contact us if you need a completed and verified list of companies using Novac STATIM Policy Administration, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Novac STATIM Policy Administration customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Shriram General Insurance | Insurance | 5000 | $500M | India | Novac Technology Solutions | Novac STATIM Policy Administration | Insurance Policy Administration | 2023 | n/a |
In 2023 Shriram General Insurance implemented Novac STATIM Policy Administration to automate core underwriting and servicing workflows. The Novac STATIM Policy Administration deployment is categorized as Insurance Policy Administration and was executed with Novac Technology Solutions as the vendor partner.
The implementation centralized functional modules for Policy Generation, Claims Management and Customer Support, instrumenting automated policy issuance workflows, claims intake and adjudication steps, and digital customer service channels. Configuration work focused on workflow orchestration, document digitization and case management to enable end to end policy lifecycle handling and paperless processing.
Operational integration extended across the Shriram Group where Novac Technology Solutions provides IT support to four major financial businesses, including commercial vehicle financing, retail financing, life insurance and general insurance, aligning policy administration processes with group level digital platforms. The program prioritized online channel readiness and consolidation of customer support systems to shift distribution and servicing toward digital platforms.
Governance emphasis targeted process standardization and staged rollout across back office and customer service functions, with automation-driven handoffs and digital document controls replacing manual paperwork. The outcome reported by the company is operation of paperless offices following adoption of the Novac STATIM Policy Administration platform, reflecting a completed modernization of core policy administration workflows.
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