INSILLION 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.
INSILLION Alternatives
Predict360, by 360factors, is a risk and compliance management and intelligence platform that automates workflows and enhances reporting for banks, credit unions, financial services organizations, and insurance companies.
The SaaS platform integrates regulations and obligations, compliance management, risks, controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform and delivers robust analytics and insights that empower customers to predict risks and streamline compliance.
Happy with your current GRC but lacking a true analytics and BI tool for intuitive executive and Board reports? Ask about Lumify360 from 360factors - a predictive analytics platform that can work alongside any GRC. Keep your process management workflows intact while providing stakeholders with the timely reports and dashboards they need.
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Macaw AMS can be used to sell Insurance. Macaw AMS can be used by brokers, MGAs or MGUs, Program Managers, and Lloyds Coverholders to automate their operations.
Macaw AMS was built with a customer-centric approach. It supports CRM, Sales and Underwriting. Customers, producers, and service providers can access self-service portals.
Macaw AMS has built-in Document Management and Task Management capabilities. It is equipped with adaptors that allow for integrated and in-flow services such as eSignature, Payments, OFAC checks, Mass Emailing, Computer Telephony, and Mass Emailing, using 3rd Party Services.
The data analytics part of Macaw AMS offers powerful data visualization with predefined dashboards, allowing users to easily upload datasets and view dynamic charts for clear, multi-dimensional insights. Interactive, real-time visualizations help uncover trends and insights, driving informed decision-making.
Macaw AMS is hosted on cloud and tested for cybersecurity. The database is relational, and the core components of the Java-based application are written in Java. Macaw AMS is capable of processing 500-1000 policies per day at its peak.
Macaw AMS is expected reduce per policy costs by 30%.
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Cloud Insurance
Cloud Insurance offers a comprehensive SaaS platform for managing insurance operations tailored for managing general agents (MGAs), carriers, brokers, and emerging insurance startups, functioning as the essential software rather than acting as an insurer itself.
The platform encompasses nine distinct modules that facilitate the entire policy lifecycle, including a Product Engine for rapid product design and pricing, comprehensive management of Policies, AI-driven Claims processing, streamlined Distribution for partner onboarding, and robust Finance capabilities for accounting and invoicing.
Additional features include a Customer Relationship Management (CRM) system, automated Workflow tools for underwriting and reminders, customizable Reporting dashboards, and advanced AI Machine Reading for efficient document handling.
Policyholders benefit from a personalized Purchase Journey and a self-service My Account portal, while REST APIs enable seamless integration for creating customers, policies, and quotes from outside systems.
Cloud Insurance can be deployed as a complete core system, a modular add-on, or a minimal viable product (MVP) platform, with pre-built offerings that cover various lines such as travel, dental, pet, health, payment protection insurance (PPI), and sports.
This versatility allows businesses to adapt the platform to their specific needs and scale their operations effectively.
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Majesco P&C CoreConnect
Majesco P&C CoreConnect is a cloud-native core insurance platform created for property and casualty MGAs, MGUs, and smaller insurers that need a flexible system for managing complex insurance operations. It brings together quoting, rating, policy administration, billing, claims, and related workflows within a single platform. Preconfigured product templates and an MGA Model Office for selected lines of business can help organizations launch products more quickly while reducing implementation risk. The platform supports multiple insurers, reinsurers, distribution partners, currencies, languages, and market requirements, including capabilities for London and Lloyd's environments. Configurable underwriting portals and low-code tools allow business users to adjust processes, rates, rules, and workflows without depending entirely on technical teams. P&C CoreConnect also integrates with carrier APIs, data enrichment providers, document systems, comparative raters, and other insurance technology services. AI-driven features include document question answering, sanctions checking, unstructured submission ingestion, and automation that can create submissions from ACORD forms to reduce manual rekeying. Power BI dashboards, configurable analytics, and self-service reporting provide business users with greater visibility into underwriting, operations, claims, and performance data. Majesco P&C CoreConnect is intended to help insurance organizations improve speed to market, automate core processes, scale operations, and respond more quickly to changing risk and competitive conditions.
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Pricing
Pricing Starts At:
$999/month
Pricing Information:
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
Company Details
Company:
GoDB Tech
Year Founded:
2000
Headquarters:
United States, India and Dubai
Website:
www.insillion.com
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