Innovation Insurer™ combines sophisticated business process management capabilities and a market-leading Service Oriented Architecture (SOA) to help organisations overcome the limitations of rigid legacy systems and drive more flexible business behaviour.
Innovation Insurer is a full-service solution providing a range of integrated components covering the entire insurance value chain. It delivers the ability to fully manage Policy, Claims and Analytics functions on a single architecture and database platform, while being modular to allow selection or phased implementation. It allows companies to choose complete, end-to-end applications or, alternatively, functionally rich, stand-alone business components that leverage their existing IT investment.
It also provides the flexibility required to tailor solutions for each individual customer and deliver sustainable improvements in revenue generation, customer service, speed-to-market, and profitability.
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Available from Innovation Group
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Available from: Innovation Group
Insurer Policy is functionally-rich, enterprise-wide, rules-based end-to-end policy management solution that includes CRM, product management, channel management, quote, underwriting, rating,... Read More
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Available from: Innovation Group
Insurer Analytics software is designed to improve a company’s effectiveness and profitability through driving and automatically measuring targeted action programs. It can be deployed across any... Read More
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Available from: Innovation Group
Insurer Claims is functionally-rich, enterprise-wide, rules-based end-to-end claims management solution that includes FNOL, vehicle damage, injury, property damage, subrogation, special... Read More
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Available from: Innovation Group
Insurer Pyramid is functionally-rich, enterprise-wide, rules-based workers compensation policy, claims and analytics solution on .NET and SQL architecture with extendibility to related commercial... Read More
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Available from: Innovation Group
At Innovation Group we have proactively responded by building out the processing capabilities in our software, Insurer Claims, and building out our expert BPO services to address the need for a... Read More
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Available from: Innovation Group
Innovation Group is the leading provider of insurance specific business process services in the U.S. with over 170 clients across all P&C lines of business including personal auto,... Read More
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Available from: Innovation Group
In an intensely competitive P&C insurance market, insurers are focused on operational effectiveness and innovation to drive profitable growth. At Innovation Group, we realize that to achieve this,... Read More
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Available from: Innovation Group
There are many outsourcing vendors in the P&C market, but very few partners. We pride ourselves as a partner with our customers, one who collaborates and shares in the rights and responsibilities as... Read More
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The past two years have shaken the historical assumptions underpinning insurance and business models. The "Great Recession" has exposed underlying issues within the P&C insurance industry ...Read MoreThe past two years have shaken the historical assumptions underpinning insurance and business models. The "Great Recession" has exposed underlying issues within the P&C insurance industry which are contributing to a lack of underwriting profitability which has proliferated in the industry for over 25 years, accumulating a deficit of almost half a trillion dollars at the top as highlighted by the Insurance Information Institute (III).
This new normal requires a new path forward. A truly new path must employ a modern, functionally-rich policy management solution to enable four key business transformation areas:
1. Customer centricity, expectations and insight
2. Innovative and rapid product development
3. New distribution channels
4. Underwriting and service excellence
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The financial crisis is indeed a “once in a half century event”, but one she suggests it happened four times before over the last 200+ years. Each technology-based revolution had its unique dynamics, ...Read MoreThe financial crisis is indeed a “once in a half century event”, but one she suggests it happened four times before over
the last 200+ years. Each technology-based revolution had its unique dynamics, but the historical view provides insight
for insurers as they embrace this disruption, use new technologies like SOA, SaaS, social media, and mobile internet
computing to plan their future.
New technologies and innovations advocated by entrepreneurs and leading companies are the force that creates and
sustains long-term economic growth, even as this same powerful force creates a new competitive landscape and
destroys the value of established companies if they do not re-shape their companies.
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