Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
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