Insuring customer satisfaction with Microsoft Dynamics at Star Union Dai-ichi Life Insurance

57 %
43 %
Information about Insuring customer satisfaction with Microsoft Dynamics at Star Union...
Health & Medicine

Published on February 19, 2014

Author: MicrosoftIndia



Star Union Dai-ichi Life Insurance (SUD Life) is a growing life insurance company. The manual customer management processes for customer queries and complaints was tedious, increasing resolution time and adding workload at the back office.

To avoid customer satisfaction issues, SUD Life wanted to add new self-service options on its portal and enhance call center operations. With the help of Tata Consultancy Services, it deployed Microsoft Dynamics CRM 2011. The app auto-assigns cases, and empowers agents with the information to resolve most of the queries on a first-time basis. This greatly increases process efficiency and enables agents to resolve queries instantaneously, on the call, which earlier took up to 2─3 days. It subsequently results in higher customer satisfaction and enables the team to handle more queries, hence reducing the number of abandoned calls.

Insuring customer satisfaction with Microsoft Dynamics at Star Union Dai-ichi Life Insurance

Registered in 2008 Star Union Dai-ichi Life Insurance Company (SUD Life) is a JV between Bank of India, Union Bank of India and Dai-ichi Mutual Life Insurance Company.

For SUD Life, the key challenge was to put in place IT that was flexible to develop and deploy new applications quickly.

Early in the day SUD Life used a Call Management System (CMS) to track and manage customer queries.

This system however was restrictive with issues like No access to transaction records, policy information or details when on call No integration with the website or SMS for customer query tracking And manual process that led to errors

“We spent a significant amount of time to service requests from any of these channels. The customer service team manually routed queries to the back office and the resolution took from two to three days.” Sanjay Dhavalikar, Senior Vice President ─ Operations and Customer Service, Star Union Dai-ichi Life Insurance

To change the situation SUD Life along with Microsoft Gold Certified Partner, Tata Consultancy Services (TCS) selected Microsoft Dynamics CRM 2011 for their CMS system.

And extended it to all customer touch points like the contact center, branches offices, website, email and SMS portals to capture customer queries.

Assigning corresponding workflows to appropriate teams dealing with queries and complaints.

Integrating with the telephone infrastructure, and automatically assigning calls to free agents and throwing up the customer’s record on the agent’s desktop.

Making changes to customer records automatically and in real time by connecting to the central database of records.

And by connecting to the Integrated Grievance Management System (IGMS) agents could facilitate on-line registration of customer complaints and track current status.

With a renewed sense of customercentricity, the company saw immense benefits, improving overall customer satisfaction.

Queries were now resolved almost instantly with all the customer information and history readily available.

Leading to increased efficiency with details like MIS reports, information about the kind of calls, type of service, issues etc.

Customers could call at the contact center, or use the login portal for self-service saving time, effort and visits to the branch office.

And as a result, of this new approach SUD Life has been successful in growing customer and increasing business.

“Prior to Dynamics CRM, it took days to resolve customer queries. Now queries are resolved almost instantaneously, thus reducing the TAT and improving the satisfaction level of customers.” Manish Mimani, Assistant Vice President, Star Union Dai-ichi Life Insurance

Read in detail about SUD Life’s story Here

To know more about Microsoft Dynamics click Here Or Call our Toll-Free number 1800-102-1100

© 2012 Microsoft Corporation. All rights reserved. Microsoft, Windows, and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries. The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

Add a comment

Related presentations

Related pages

Car Insurance Quotes | FREE and EASY - car insurance ...

... Discount car insurance, great customer ... star union dai-ichi life insurance ... Satisfaction rating so many things in life is ...
Read more

Compare Auto Insurance Quotes For Top Rates - buy car with ...

... Require drivers to gauge customer satisfaction by j Apr 3rd ... star union dai-ichi life ... life insurance phone number there are ...
Read more

Car Insurance Quotes | FREE and EASY - fjua auto insurance

Discover the best prices on auto insurance quotes here. Find out how much money you can save while finding the right coverage to keep you protected.
Read more

Auto Insurance Quotes – Get Free Quotes on a New Policy ...

Take just a few minutes to find cheap auto insurance with many ... Star union dai-ichi life ... quotes portsmouth va auto insurance customer ...
Read more

Compare Auto Insurance Quotes For Top Rates

... much the same Star union dai-ichi life ... such a great insurance but i suspect it is Insuring? some ... customer satisfaction ...
Read more

Top Car Insurance Companies - auto owners insurance ...

... don't try to get in the accident and damage Days star union dai-ichi life ... of customer satisfaction I ... Life insurance quote online ...
Read more

Find the Best Cheap Auto Insurance Policies Right Now

... general auto insurance customer ... life insurance agents , star union dai ichi money ... rss to my satisfaction business auto insurance. ...
Read more

Save Big on Cheap Auto Insurance with Free Tools ...

... Valid from an auto insurance rates Customer ... court and the insuring company surveyor ... income' star union dai-ichi life ...
Read more

One Search Does It With Auto Insurance Quotes From Top ...

Finding Cheap auto insurance can be difficult, but this site provides an easy way to search with top insurance quotes.
Read more