The 2011 startup carrier’s new ProSight Direct platform combines the best of incumbents and InsurTechs with modern technology and processes backed by deep industry expertise.
The release’s expanded availability of API-driven design and integrations, and pre-built content exemplifies a changing industry paradigm focused on interoperability and microservices.
Marias will work with Finys to help implement the system and will perform testing, including QA, regression, and user-acceptance.
The new version of suite supports individual, group and voluntary benefits on a single platform to support the rapidly changing market demographics and innovative products demanded by insurance customers.
The innovation-focused workers’ comp company sought a solution that would give business users and management easy-to-use reporting tools and access to business metrics.
The four-year project will consolidate several legacy systems and provide a digital platform for life insurance and annuity customers.
Paysurance is designed to help insurers reduce the cost and time associated with processing claims, while providing clients with their settlement funds more quickly.
Thinking about InsurTechs is shifting, adoption of artificial intelligence is warming up, and core system replacement remains the highest priority.
HDI expects to benefit from faster time-to-market for new insurance product initiatives, along with complete value chain coverage.
The State Farm company’s auto insurance policies reward good driving decisions detected through a smart phone app and factored into premium on a monthly basis.