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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Adapt to evolving market needs by implementing a contemporary, rules-centric life insurance policy administration solution that encompasses new business underwriting, policy issuance, billing, collections, policy processing, and claims management for both Individual Life and Annuity as well as Group Insurance, all integrated into one platform. Transform your operations by streamlining policy processes to achieve sustained efficiency over time. With a rule-based life insurance policy management system, you can effortlessly adjust your scale while fostering a digital ecosystem that enhances the customer experience. Quickly design, oversee, and launch group insurance products with this highly adaptable, rules-driven policy administration tool. This singular platform for life insurance policy management caters to both individual and group needs, enabling the creation of hybrid products and fostering collaboration across different sectors of the business. By utilizing a modular solution that standardizes business rules, you can enhance agility, accelerate your time to market, and drive automation in processes, ultimately leading to reduced operational expenses. Embrace this innovative approach to ensure your insurance offerings remain competitive and responsive to changing demands in the marketplace.

Description

Solartis delivers innovative technology alongside flexible administrative services, or a blend of both, to effectively address your policy administration issues. Transition from outdated legacy systems to adaptable microservices that enhance efficiency. Create tailored solutions to streamline the purchasing and management of insurance policies. Eliminate the need for makeshift solutions caused by legacy technology. Embrace agile microservices to focus on innovation and improvement. Mitigate project risks and accelerate development processes. Choose exactly what you require for your consumer portal, agency platform, or comprehensive carrier underwriting system. In one instance, a startup focused on commercial auto insurance aimed to issue new business policies while simultaneously building a sustainable policy administration system. Consequently, CHIC opted for Solartis to deliver BPO services that would support their immediate needs while collaborating with Solartis to develop a cutting-edge microservices-based framework. This partnership exemplifies how businesses can evolve while maintaining operational continuity.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
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) No 
Online Support Yes 

Customer Support

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

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Oracle

Founded

1977

Country

United States

Website

www.oracle.com/financial-services/insurance/policy-administration/

Vendor Details

Company Name

Solartis

Website

www.solartis.com

Product Features

Insurance Policy

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

Product Features

Insurance Agency Management

Claims Management No 
Commission Management No 
Contact Management No 
Document Management No 
Insurance Rating No 
Life & Health Yes 
Policy Management Yes 
Property & Casualty Yes 
Quote Management Yes 

Insurance Policy

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

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