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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

IBM Event Automation is an entirely flexible, event-driven platform that empowers users to identify opportunities, take immediate action, automate their decision-making processes, and enhance their revenue capabilities. By utilizing Apache Flink, it allows organizations to react swiftly in real time, harnessing artificial intelligence to forecast essential business trends. This solution supports the creation of scalable applications that can adapt to changing business requirements and manage growing workloads effortlessly. It also provides self-service capabilities, accompanied by approval mechanisms, field redaction, and schema filtering, all governed by a Kafka-native event gateway through policy administration. IBM Event Automation streamlines and speeds up event management by implementing policy administration for self-service access, which facilitates the definition of controls for approval workflows, field-level redaction, and schema filtering. Various applications of this technology include analyzing transaction data, optimizing inventory levels, identifying suspicious activities, improving customer insights, and enabling predictive maintenance. This comprehensive approach ensures that businesses can navigate complex environments with agility and precision.

Description

Vertafore's MGA Systems serves as a dedicated policy administration platform tailored for Managing General Agents (MGAs) and program administrators, allowing for the quick launch of new products and business lines. It combines policy administration, accounting, and claims management into a cohesive system, enhanced by event-driven workflows that optimize operational efficiency. This solution employs an agile development methodology, enabling rapid implementation of tailored customizations and features open APIs for seamless connections with other systems. Addressing the specific requirements of ultra-specialized risk management, diverse distribution models, and third-party integrations, MGA Systems also excels in delivering complex and customized reporting functionalities. By enhancing the workflow through MGA processes and integration with rating tools such as NetRate, users can efficiently perform tasks like rating, quoting, binding, invoicing, and policy issuance. Ultimately, this system not only improves operational efficiency but also empowers MGAs to respond swiftly to market demands while maintaining high levels of service.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Apache Flink
Apache Kafka
IBM Cloud
NetRate Commercial Lines Rating

Integrations

Apache Flink
Apache Kafka
IBM Cloud
NetRate Commercial Lines Rating

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.ibm.com/products/event-automation

Vendor Details

Company Name

Vertafore

Founded

1969

Country

United States

Website

www.vertafore.com/products/policy-administration-system/mga-systems

Product Features

Product Features

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

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