case study: microsoft dynamics-sud life

21
Insuring customer satisfaction with Microsoft Dynamics at Star Union Dai- ichi Life Insurance

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Microsoft Dynamics CRM 2011 helped Star Union Dai-Ichi Life Insurance streamline its customer service process leading to quicker customer query management. Previously the process was manual, resulting into longer response times and increased stress on the back office. Microsoft’s Dynamics CRM 2011 helped the company in auto-assigning cases, empowering the agents with customer information at the fingertips and thereby enhancing the overall internal efficiency and increasing customer satisfaction.

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Page 1: Case Study: Microsoft Dynamics-SUD Life

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

Page 2: Case Study: Microsoft Dynamics-SUD Life

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.

Page 3: Case Study: Microsoft Dynamics-SUD Life

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

Page 4: Case Study: Microsoft Dynamics-SUD Life

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

Page 5: Case Study: Microsoft Dynamics-SUD Life

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

Page 6: Case Study: Microsoft Dynamics-SUD Life

“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

Page 7: Case Study: Microsoft Dynamics-SUD Life

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.

Page 8: Case Study: Microsoft Dynamics-SUD Life

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

Page 9: Case Study: Microsoft Dynamics-SUD Life

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

Page 10: Case Study: Microsoft Dynamics-SUD Life

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

Page 11: Case Study: Microsoft Dynamics-SUD Life

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

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

Page 13: Case Study: Microsoft Dynamics-SUD Life

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

Page 14: Case Study: Microsoft Dynamics-SUD Life

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

Page 15: Case Study: Microsoft Dynamics-SUD Life

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

Page 16: Case Study: Microsoft Dynamics-SUD Life

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

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

Page 18: Case Study: Microsoft Dynamics-SUD Life

“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

Page 20: Case Study: Microsoft Dynamics-SUD Life

To know more about Microsoft Dynamics

click

Here

Or Call our Toll-Free number

1800-102-1100

Page 21: Case Study: Microsoft Dynamics-SUD Life

© 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.