Automotive Insurance Project for a Major Vehicle Dealership

Creating an Insurance Process Through The Dealership

  • Client

    A Major Vehicle Dealership

  • Services

    Consulting

  • Areas of Expertise

    Technology

  • Industry

    Automotive

Our Challenge

Creating an Insurance Business Strategy to Accommodate Buyers

Binary Semantics, A Vaco Company, was tasked with creating an insurance policy for their client, A Major Vehicle Dealership. The initial challenge was to chalk out a uniform business strategy so that four wheeler vehicle owners could get consistent pricing and similar service from all insurance partners across the country. The Binary Semantics’ team needed to not only match the needs of the vehicle owners, but also to help the client in generating revenue from the business model by building features that enable them to manage and control the business at ease.

Our Solution

New Hassle Free Insurance Program

The Binary Semantics’ team successfully built and implemented a cost effective solution in efficient time, using technology and tools that are affordable, reliable and scalable. The solution also had the capability of offering add-on products like Nil depreciation and free road side assistance. The solution covers all insurance business processes of four wheeler motor insurance and other associated insurances.

The client saw ROI through their insurance processes being more transparent, having online approval, being hassle free, and producing quick turnaround. The client was also able to increase profit and increase workshop business volume. Through these turnouts, the client has seen a rise in customer reliability, satisfaction and brand value.