SolveCo Advisory provides business process consultation and project management services.
Advice on Administration Software
We have extensive experience on various administration software solutions available and can advise our clients on the most appropriate solution given product functionality requirements, the size of the existing book, policy count projections and budget.
We also partnered with a number of providers of customizable solutions.
Business Process Consultation
We provide consultation on best practice business processes from new business distribution to premium/ contribution collections and claim payment procedures. The chosen administration software should support business processes.
We follow a methodical approach to planning, organising and managing resources to bring about the successful completion of a specific project’s objectives. A project is divided into manageable and controllable stages and dependencies are managed within the waterfall framework which requires completion of deliverables in a sequential manner.
Product and Process System Testing
This includes both the detail actuarial product testing as well as the verification of the business processes on the new platform. We also participate in User Acceptance Testing (UAT).
Implementation of a good administration system is essential for business functionality. SolveCo assists in product specification and where such specifications exist, we offer services in product specification analysis and verification. SolveCo understands the importance of end to end testing before the implementation of an administration system.
Based on the product specifications, SolveCo constructs models simulating product functionality. These models are then used for system verification.