Insurity Announces ONExperience Solution Branding and 200 Cloud Implementation Milestone

The new approach is directed towards creating speed to value, engaging with industry expertise and emerging a cloud technology leader, according to the vendor.

(Image source: Insurity homepage.)

Insurity, Inc. (Hartford), a provider of an insurance platform that includes policy, billing and claims solutions, data analytics and digital enablement, has announced its new ONExperience approach, which the vendor describes strategic realignment that it says will bring clarity to the markets it serves, as well as how Insurity products are being integrated to provide seamless digital enablement. The vendor also reports that it has surpassed 200 cloud implementations for property/casualty insurers ranging from Top 20 to small or regional mono-line insurance carriers and debuts new solution branding.

Karen Furtado, Partner, SMA.

“Cloud deployment and insurance platforms are enabling insurance carriers to be more agile, improving customer experiences while increasing the value that carriers can offer,” comments Karen Furtado, Partner, Strategy Meets Action (Boston). “Insurity’s approach mirrors the demands of the market, and enables its customers to be more flexible in their offerings to policyholders.”

The Insurity platform is designed to enable insurers to rapidly deploy and easily extend applications, resulting in more accurate decision making to meet strategic business goals, according to the vendor. Insurity says that the platform’s cloud-architected nature, adaptive and intuitive user interface, and modular solutions are accessible through APIs from the most sources in the insurance industry. The company’s solutions can be deployed out-of-the-box, or configured to meet the unique needs of each of its clients, the vendor says.

Chris Giglio, CEO, Insurity.

“We recognize that the insurance industry is constantly evolving to meet the demands of an ever-shifting business environment,” said Chris Giglio, CEO of Insurity. “We’ve grown organically and through acquisition, and believe this streamlined approach leaves us better positioned to create technology that truly simplifies the insurance marketplace.”

Creating Speed to Value

“With our ONExperience approach, we can focus on creating speed to value, engaging with industry expertise and being a cloud technology leader,” comments Michele Shepard, CRO, Insurity. “Whether policy and claims solutions, data and analytics or digital enablement, Insurity has one purpose, and it is to offer insurance technology that allows our clients to meet their goals while offering a simplified experience.”

Under its new ONEexperience approach, Insurity’s solutions include the following as listed by the vendor:

Insurity Policy Solutions (Includes Billing, Reporting & SmartTools)

  • Policy Decisions
  • Bridge Specialty
  • Workers’ CompXPress

Insurity Claims Solutions

  • Claims Decisions
  • ClaimsXPress

Insurity Integrated Suites (Includes Billing, Reporting & SmartTools)

  • Decisions Suite & DecisionsXPress Suite
  • Bridge Specialty Suite & BridgeXPress Suite
  • Workers’ CompXPress Suite
  • Oceanwide Marine Suite

Insurity Data & Analytics Solutions

  • DataHouse
  • DataHouseXPress
  • Valen Analytics InsureRight Platform
  • Valen Data Consortium

Supported by the Insurity Platform:

Insurity Digital Enablement

  • Digital Services Platform
  • DigitalXPerience Studio

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For over a decade he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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