Built on the base of passion and while moving ahead with the zeal to be a global leader in providing Insurance domain software and processing, Acess Meditech Private Limited (AMTPL), uses the best technology available, to provide its valued customers quality, competitive and advanced solutions to their satisfaction while serving the community.
Acess Meditech is specialized in providing business process and outsourcing services for the insurance industry.AMTPL has marked its prominence in international market using domain experienced, innovative technology solutions resulting in quality services.
Incorporated on March 27, 2007, AMTPL is a pioneer in Insurance domain. The company has its offices in India and UAE, and all developments take place in India and UAE office is for Customer support service.
Insurance Specialist giving boost to AMTPL
Syed Aijazuddin, Founder & CEO of Acess Meditechis an Insurance specialist, and comes with vast insurance expertise with exposure in the international Insurance market and practices.Syed is instrumenting all his knowledge of the industry to take AMTPL towards success.
Syedhas worked in the Insurance Industry and qualifying and specializing in Medical Insurance from institutes like the Chartered Insurance Institute – CII of UKand the America’s Health Insurance Plans in the USA. Previously,he worked as Sr.Underwriting Manager. Syed is specialized and experienced in Medical Insurance like, Plan designing, Risk Projection, software development and implementation.
While talking about AMTPL, Syed says, “We at AMTPL are a family and every member of the family has contributed to the success of the company without their support we would not have been successful. All the senior management of the company is associated from the day we planned and started the company.”
AMTPL Accelerating Client’s Business Success
With a latest infrastructure and technology with stringent security measures in place, AMTPL’s Software solutions cater the various business categories of general insurance covering marine cargo, marine hull, motor, travel, fire, engineering, aviation, property, Group & Individual Health Insurance, individual life, group life, and broker/agent management.
AMTPL offers Two Products all in All “TOSHFA ERP” for All lines of Health Insurance The General Insurance specific solution offered by AMTPL is LIMRA ERP, BOTH products are flexible, robust and user friendly solution that allows easy customized policy setup, rating & underwriting, claims, reinsurance, accounting with easy multiple currency transactions and reporting generation for various business customers.
TOSHFA & LIMRA is extremely capable in handling the various facets that involve Financial accounts Payables and Receivables, Reconciliation, Reports & MIS, Financial and Management Assessment, Customer Administration Managing Application Processing, Customer Verification, Underwriting, Policy Statement Insurance policies/ Certificate Printing, Payment Processing, and Billing & Payment. It also covers Policy Administration, Endorsement, Query Management, Policy Cancellation and Renewal, Renewed Policy Issue and Delivery, Prospectus or Statement Issue and Delivery.
TOSHFA & LIMRA aids in management of underwriting quotation, proposal, policy conditions, loading, discounts, deductibles for product section, endorsements, renewal processing; entry, processing and settlement of claims; help setup of proportional and non-proportional treaties under reinsurance module by defining their treaty limits on the sum insured in percentages/ flat amount. The reporting module allows the generation of reports of underwriting, claims, and policy premium calculations, accounts, reinsurance process related to reports for various lines of business and for different clients with personalization. They bring a whole variety of insurance claims processing solutions to help clients manage claims efficiently with billing and payment processing.
AMTPL helps the clienteles business achieve uniformity and integrity, curtail the operational cost and have a significantly reduced system maintenance costs.
AMTPL ERP’s are automated which means as a success story it has seen its clients growth rate have increased within a year of implementation of the project by almost over 500% with reduced manpower. Though this success is contributed to the client aggressive growth plan, but AMTPL ERP provided the required wings to accomplish those challenging targets.
Different Clients Different Challenges
AMTPL presently deals exclusive into Insurance Domain with over a decade of experience in the Insurance Industry, Syed was well aware of the challenges that the Insurance Company face every day with cumbersome processes, paper work and policy terms and conditions. This required a lot of reliance on manpower which is a major challenge for Insurance companies. To take the dependence out, AMTPL ERP’s addresses all those challenges with a click of a button and the systems intelligently applies all those terms and conditions of the policies for all lines of insurance.
When it comes to face different challenges put forward by the clients, AMTPL team works together and find out the best solution possible for the client’s remedy.
Syed says, “We don’t have a marketing team in place and all our sales are solely through word of mouth from our existing customers. Since we are very confident of our products and our capabilities, we are planning expansion with the right team to start entering into new markets across the globe.”
Advice to the new entrants by Syed
From my experience, I can advise younger generation hard work, honesty with trust in what you are doing will pay you good.