Oracle Insurance Policy Administration System
Available from Equisoft
Given Equisoft’s reputation in the insurance industry, many vendors would welcome an integration partnership with us. However, we work exclusively with the Oracle Insurance Policy Administration for Life and Annuity (OIPA) platform since 2004.
We believe OIPA is the best available policy administration system because it strikes the right balance between features, flexibility, performance and long-term upgradability.
Our 100% success rate with OIPA implementations (core integrations and data conversions) is a testament to our commitment to excellence.
A WORLD-CLASS SYSTEM
OIPA is the only modern solution on the market that can be integrated by third parties without requiring changes to the source code. A 2016 Gartner survey recognizes OIPA as the leading policy admin solution in North America. The survey also reports that clients appreciate OIPA’s flexibility to move at their pace regarding migration paths and major system version movements. Oracle’s solution for the insurance industry features several unique selling points.
✓Extensive client base
Largest client base across all insurance business lines using a fully modern system.
✓Full insurance policy lifecycle from a single platform
OIPA is the only system that covers all the functions an insurance company needs.
Unique architecture enabling changes using business rules.
✓ Client autonomy
All clients become fully independent after an OIPA integration.