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We have identified few common constraints within the vast majority of insurance organizations that have to be considered. The main reason for underperformance of many companies is because they use core insurance software systems that are morally and technologically outdated.
The second one is the need of rapid change of the internal business needs and processes, required to embed performance management into operations. The latter will help organizations to become more transparent, to mitigate risk and become agile and adaptive enough to respond and plan effectively their future.
As a result, we provide a full range of IT solutions that address various business challenges which players in the insurance industry have to tackle. We offer a turn-key solution for insurers, which is an integrated platform with unified design that delivers consistent structure models across different user interfaces. It is easily adjustable to meet the need of different partners or clients and immensely reduce the resources for trainings, change management and software adoption.
Structure of the platform
The platform works as a complete or partial solution with possibility to integrate existing applications. The deployment could be either in cloud or on-premise, and further scalability. It is based on modules that provide a complete set of features covering all functionalities. The system can be implemented both with SQL /Oracle database. Our skilled Oracle / SQL database specialists will make the data migration from your existing system as smooth as possible and Sirma Group can provide guarantees for best possible migration of data.
The pluggable architecture provides easy to extend model, where new modules can be easily plugged or integrated into the systems, without modifying your base software.
Modular architecture allows to scale horizontally, vertically, and elastically as your business grows without sacrificing performance — in the cloud or on premise. Our core applications use standard Java approaches to scale to thousands of concurrent users and millions of policies, ensuring that you’ll never outgrow it.
The design concept was derived from the expanding industry needs for:
The architecture complies with the recent IT best practices and standards:
High availability, recoverability and performance
The Solution, itself, is being developed under the strict procedures of the Sirma Global Method, which covers the entire lifecycle of a software product. The Global Method is compliant with the highest industry standards and has been derived and accommodated for the Company’s specifics through the years.
Why choose us?
We deliver a high quality combination of core software insurance management system and a bunch of functionalities for all supporting process and document management activities, which enable insurance companies to operate in an “end to end” solution. This approach helps them surpass competition, achieve operational efficiency, improve services towards intermediaries and partners, discover new business models and meet customers, market and regulation demands. We implement and integrate latest trends for design, interactivity, ease of use, innovation, and aligned them with the advanced technology achievements.