Majesco describes Digital1st Insurance is a cloud-native, microservices-based digital experience platform with a low code/no code configurability and a robust API and partner ecosystem apps.
Billing
A Glance Back over the Last Two Decades of Insurance Technology
Novarica’s Matthew Josefowicz remarks on some of the greatest changes that have taken place in insurance IT since the year 2000.
Insurer IT Budgets Rising for 2020, Projects Focusing on Digital and Data
Novarica’s recent study shows overall IT spending ratios inching upward as insurers invest in greater speed-to-market, ease of doing business, and improved digital and data/analytics capabilities.
Tower Insurance Deploys EIS Group’s Digital Insurance Platform
Tower was able to introduce new motor and home and contents products on EIS Group’s fully digital, cloud-based policy, billing and claims platform within 18 months.
Nationwide Selects Socotra to launch Spire Auto Insurance for Millennials
Nationwide built and deployed Spire in nine months, with Socotra as the core system upon which it runs its entire policy admin operation, from quote to claim.
Farmers of Salem Deploys the Finys Suite
The insurer has rolled out for homeowners on the platform to all its agents and will begin its commercial lines implementation in early 2020.
Verisk to Acquire FAST
Verisk seeks to strengthen its existing data and analytics solutions for the life and annuities market.
Eastern Alliance Adopts Insurity’s Cloud-hosted Workers’ CompXPress Suite
Initially expecting to replace only its claims system, the insurer decided to replace all its legacy corse systems with the fully integrated core suite.
Croatia Osiguranje Selects Sapiens to Support Digital Transformation
With a fully digital platform, the insurer will be able to expand its offerings by launching new lines of business, products and services, using Sapiens’ product factory.
ACCC Insurance Improves Claims Experience with One Inc’s ClaimsPay
ACCC chose the One Inc Digital Payments Platform to incorporate digital claims payment functionality, enhance customer engagement, and facilitate faster claims payments.