Patra India
Patra is a leading provider of technology-enabled services to the insurance industry.
Patra’s team of global experts allows brokers, MGAs, wholesalers, and carriers to capture the Patra Advantage – profitable growth and organizational value. Patra powers insurance processes by optimizing the application of people and technology; supporting insurance organizations as they sell, deliver and manage policies for their customers. With over 4,200 team members across the globe, 8 dedicate
Patra is proud to announce that the Everest Group has recognized Patra as a Leader in “Insurance Intermediaries Services PEAK Matrix® Assessment 2024”.
"...As the insurance intermediary segment adapts to this evolving landscape, there is a growing trend of forging partnerships with providers to optimize costs, access technical capabilities, and tap into talent expertise..." To read or buy the PEAK Matrix® Report, visit: https://hubs.la/Q02z0dyr0
We are proud to announce that the Everest Group has recognized Patra as a Leader in “Insurance Intermediaries Services PEAK Matrix® Assessment 2024”. To read or buy the PEAK Matrix® Report, visit: https://hubs.la/Q02z04SF0
Excited to announce that the Everest Group has recognized Patra as a Leader in “Insurance Intermediaries Services PEAK Matrix® Assessment 2024” . To read or buy the PEAK Matrix® Report, visit: https://hubs.la/Q02z03Ly0
The insurance industry is undergoing significant changes, with emerging technologies to improve efficiency, accuracy, and customer experience. The COVID-19 pandemic accelerated the adoption of digital technologies, forcing many agencies and brokerages to find new ways of delivering services and communicating with clients. In this blog post, we’ll discuss why it’s essential for agents and brokerages to be proactive
Protecting Yourself in the Evolving Insurance Industry | Patra The evolving insurance industry is undergoing significant changes, with emerging technologies to improve efficiency, accuracy, and customer experience.
Patra’s enhanced Employee Benefit services now include end-to-end service delivery for all Employee Benefit needs, encompassing eligibility management, renewal support, data entry, audits, and accounting services. Patra’s new “Ben Admin” Solution is designed to provide seamless support in various Benefit Administration Systems, offering comprehensive service options, including data migration, case builds, EDI connectivity, eligibility management, and error report resolution.
https://hubs.la/Q02yxc_P0
Patra Enhanced Employee Benefit Outsourcing Services | Patra Expanded Employee Benefit Outsourcing Services, including Ben Admin services and flexible financial models to support the seasonality of the Employee Benefits lifecycle
The world of insurance is constantly evolving, and keeping up with the latest technologies and trends is critical for success. One of the hottest topics in the insurance industry is automation. Automation has the potential to revolutionize the way insurance agencies operate, making them more efficient, accurate, and customer-centric. In this piece, we’ll delve into the benefits of automation in insurance and explore why it matters.
The Power of Automation in Insurance | Patra
The Power of Automation in Insurance | Patra The world of insurance is constantly evolving, and keeping up with the latest automation in insurance trends is critical for success.
Uplifting Policing: CSR Shines Light on Vizag's Safety Journey
In our unwavering commitment to community welfare, we've embarked on a journey to support Vizag's city police through innovative CSR initiatives. Throughout March month, under the leadership of Lakshmi and the dedicated Vizag CSR Team, we conducted engaging traffic awareness sessions in two batches. From the bustling Satyam junction in the mornings to the vibrant Birla Junctions in the evenings, our efforts reached the busiest connection with the active participation of Diane and Jason. We didn't stop there, we rewarded citizens who wore helmets and seat belts with sleek steel water bottles, reinforcing the importance of responsible road behaviour.
Furthermore, to boost accountability, we provided the traffic police with 12 body-worn cameras, enhancing their capabilities for transparent law enforcement. Additionally, we extended our support to the Disha Women Police Station, donating essential items to women and children in their care. (The Disha Police Station specializes in investigating cases related to women, ensuring focused attention and support for victims).
We're honoured to receive congratulations and appreciation from Vizag City Commissioner of Police, Dr. Ravi Shankar for our service. Let's pave the way for a safer, brighter future for Vizag and its residents.
The reality for many insurance producers is that they spend less than a third of their time on sales and sales-related activities. Most of their workday is spent in the servicing bucket. Tips on how to break old habits.
The Changing Insurance Industry Workforce | Patra https://hubs.la/Q02q37jJ0
The Changing Insurance Industry Workforce | Patra The insurance industry workforce is expected to change dramatically in the next fifteen years.
In celebration of International Women's Day, we recognize our Managing Director, , for representing Patra India at a transformative event empowering women. As both the Managing Director of Patra India and the Chairwoman of CII-IWN Southern Region, she was invited to speak at renowned institutions, including VRS Engineering College in Vijayawada, Gayathri Vidhya Parishad, and Alwar Das Colleges in Vizag, along with ICAI - The Institute of Chartered Accountants of India, Vizag Chapter. She inspired students and women with her profound insights on empowerment, leadership, and talent development through her talks. Her unwavering commitment to uplifting others mirrors the core values of empathy and empowerment that she stands by.
Five actions firm owners should take to survive and thrive in this competitive &A environment. With the increasing M&A activity in the industry, it is easy for firm owners to focus solely on their firm’s value. However, the real takeaway from this trend is the emergence of large insurance that can leverage their scaled resources to compete with smaller local competitors.
Stand Out from Large Brokerages in the Era of M&A
Stand Out from Large Brokerages in the Era of M&A | Patra The real takeaway from this trend is the emergence of large brokerages that can leverage their scaled resources to compete with smaller local competitors.
Access top talent, optimize costs, and elevate client experiences - the latest BLOG from : Read more:
"...Outsourcing offers another advantage: cost optimization. By redirecting internal resources towards the most profitable growth strategies, firms can achieve greater agility and flexibility to adapt to changing workloads. This, in turn, reduces business costs and frees up more budget for key areas such as marketing, client engagement, and overall business expansion..."
Our very own Lakshmi Mukkavilli, the MD of Patra India, inaugurated the flagship event “ SayYes” 5th edition, leadership conclave as the Chairwoman of CII-IWN Southern Region. The Conclave emphasized the indispensable role women play in driving meaningful change with the tagline "Passion, Impact, and Change."
Over two dynamic days, we engaged, starting off with the inaugural followed by the enlightening panel discussions, spotlight events, masterclasses, women leadership in STEM, thought-provoking conversations on entrepreneurship, explored the significance of mentoring as the new fuel, and delved into policy matters and Branding.
Spotlights shone on mentees who transitioned into mentors, showcasing the transformative power of mentorship. Notably, Pragathi Kiran shared her inspiring mentoring journey, adding depth to our discussions.
The event was a blend of entertainment and insightful discourse, leaving attendees with plenty of food for thought. As we concluded with a vibrant valedictory session, we're grateful for the enriching experience and look forward to continuing the momentum of change!
We're excited to share our recent impactful participation in a road safety initiative during Road Safety Month 2024 in Raipur. The rally, strategically held near the Collector's office, stands as a acknowledgement to our unwavering commitment to fostering road safety across every corner of Raipur.
As a token of appreciation for those following traffic rules, we distributed 650 steel water bottles, emphasizing the importance of practices such as wearing seat belts and helmets. Our mission is to not only reward responsible behaviour but also to create awareness and encourage everyone to spread the word about the significance of adhering to traffic rules for the safety of ourselves and our community.
In a significant gesture, we donated 18 barricades to the police force for effective traffic control, reinforcing our dedication to creating a safer road environment in our city.
Our rally saw enthusiastic participation from approximately 140 Patra team members, each becoming a symbol for the cause.
A heartfelt thank you to our Raipur CSR Team for this impactful event. Special recognition goes to Mohammad Raja for spearheading the initiative. We're also grateful to have had the presence of key figures from our core CSR Team -Lakshmi Mukkavilli, Preethi Mokhagundam, and Anantha Chittilla who attended the event.
Kudos to the entire team for turning this initiative into a resounding success!