Oracle Insurance Policy Administration
A modern, rules-based solution for life insurance policy administration that supports new business underwriting and policy issuance, billing and collections, and claims processing for Individual Life, Annuity, and Group Insurance, all from one platform. For optimal long-term efficiency, consolidate your policy processes to rethink your business. A rule-based, digital life insurance policy management system allows you to scale up or down and creates a digital ecosystem that improves customer experience. A highly flexible, rules-driven policy administration system allows you to quickly set up, manage, and bring your group insurance products to market. A single platform for managing life insurance policies, individual and group. It creates hybrid products and works with other businesses. A componentized solution increases business agility by sharing business rules. This will increase speed to market, drive process automation, and reduce operational costs.
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Guidewire
P&C insurance companies need a platform that allows them to engage personally, innovate freely, and grow efficiently. Guidewire is that platform. Guidewire is the industry's most trusted insurance platform. Engage, innovate and grow efficiently. InsuranceSuite combines business-critical core systems with digital capabilities and analytical insights to help you thrive. Don't let your strategic imperatives get in the way of you achieving them. InsuranceSuite helps you accelerate your business-critical initiatives, from accelerating process improvements to offering new products or entering new markets. It's a digital age. Are you ready for it? You can easily create customized customer journeys that allow you to engage with all your stakeholders through their preferred channels, including sales, marketing, service, claims, and service.
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Verity
Verity is a comprehensive policy administration system that VRC Insurance Systems offers for P&C insurers. Verity is designed to meet the business requirements of program administrators, MGAs, and carriers allowing companies to consolidate software solutions onto a single platform and scale. Verity's features include built-in rating, policy issuance, claims processing, billing and accounting, online payment, batch renewals, insured portals, agent portals, carrier portals, API access, on-demand reporting, batch cancellations for non-payment, surplus lines, third-party integration options, and more. Services include custom development, training, data conversion, operational reviews, and system configuration. Contact VRC today to find out if Verity is right for you.
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IBSuite
IBSuite enables customers to run an insurance business from quote to bind, as well as efficient claims handling and billing. It also allows them to quickly and cost-effectively introduce new customer journeys and business models. Our insurance technology experts will provide a consultation tailored to your needs. Let's explore your unique challenges, identify opportunities, and strategize on how IBSuite will empower your insurance business to grow and succeed. IBSuite streamlines sales processes and enhances decision making through real-time analytics and external integrations. It allows insurers to quickly adapt to changing market conditions while maintaining compliance with regulatory standards. IBSuite provides multi-channel capabilities, customer-centric design, and support for direct sales, subagencies, white labels, and other channels.
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