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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 No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Apache Flink Yes 
Apache Kafka Yes 
IBM Cloud Yes 
NetRate Commercial Lines Rating No 

Integrations

Apache Flink No 
Apache Kafka No 
IBM Cloud No 
NetRate Commercial Lines Rating Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

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 No 
Claims Tracking No 
Policy Generation No 
Policy Issuance No 
Policy Processing No 
Quotes / Estimates No 
Rating Engine No 
Reinstatement Tracking No 
Reinsurance Administration No 
Renewal Management No 
Underwriting Management No 

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