Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Insillion is a Pay-as-you-Grow, cloud-native insurance platform designed for carriers, MGAs, MGUs, and program administrators to accelerate product innovation and modernize insurance operations. Powered by InFlow by Insillion, it combines policy administration, underwriting, AI-powered workflow automation, and seamless integrations into a single platform. With low-code/no-code product configuration and an API-first architecture, insurers can launch products faster, streamline the policy lifecycle, automate submissions and underwriting, and connect with brokers, agents, and third-party ecosystems, all without replacing existing core systems.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Microsoft Excel
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$999/month
Pricing for insurance carriers and complex MGA implementations is tailored to each organization's business and implementation requirements. Please contact the GoDB Tech sales team/Insillion for a customized quote.
Free Trial
Yes
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
Yes
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Oracle
Founded
1977
Country
United States
Website
www.oracle.com/financial-services/insurance/policy-administration/
Vendor Details
Company Name
GoDB Tech
Founded
2000
Country
United States, India and Dubai
Website
www.insillion.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