“A ROC, in insurance industry jargon, is the engine and rules that calculate the prices that consumers pay for insurance policies. Since our technology rails support all types of complex insurance products, everything must be extremely configurable. This is a challenge we’re happy to accept – and there is no hard coding in the engine at all. Our ROC Builder system takes in configuration data and compiles it into a pricing model, which is then used to serve prices to consumers.” Christopher Cummings, staff software engineer, breaks down how Sure’s proprietary Rate Order Calculator handles variable complexity to drive the future of insurance on Sure’s technology rails. Read more here: https://lnkd.in/d35am8jh #digitalinsurance #embeddedinsurance #insurtech #fintech
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The company Led knows the dynamics of the #insurance world and has experienced its technological evolution, providing 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗱𝗲𝗱𝗶𝗰𝗮𝘁𝗲𝗱 𝘁𝗼 𝘁𝗵𝗮𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. Thanks to the know-how gained, the need has arisen to create a solution dedicated to insurance companies for 𝘮𝘢𝘯𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘦 𝘢𝘥𝘮𝘪𝘯𝘪𝘴𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘭𝘪𝘧𝘦 𝘤𝘺𝘤𝘭𝘦 𝘰𝘧 𝘱𝘰𝘭𝘪𝘤𝘪𝘦𝘴. Thus 𝗜𝗥𝗜𝗦-𝗕𝗟𝗨 was born, a modular and customizable suite created with 𝗪𝗲𝗯𝗥𝗮𝘁𝗶𝗼 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 Low-Code technology, about which we describe the story, the results achieved and the opinions in the case study dedicated to the solution. 𝗚𝗲𝘁 𝘁𝗵𝗲 𝗰𝗮𝘀𝗲 𝘀𝘁𝘂𝗱𝘆 📥 https://lnkd.in/dcFbfR4Z #lowcode #casestudy
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Have you ever filled in an insurance app and wondered: “how am I supposed to know this?” How much precious time is wasted looking up benign facts (from the assessors or random websites) that the underwriter may never even look at anyway? Or worse (and what we’ve heard countless times) - are producers “guesstimating” – making answers up? Wunderite’s latest update marries our autofill and 3rd party data features. Wunderite can now (at your discretion) automatically fill in hundreds of 3rd party data points onto any of the 8,000+ forms in our forms library: ACORDs, Supplementals, E+S apps, even your own proprietary insurance agency forms. Check it out below: https://lnkd.in/eG9CNAA9
AutoFill 3rd Party Data into ACORDs and Supplemental Applications with Wunderite
https://www.loom.com
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🚀 The insurance industry is evolving, driven by macroeconomic challenges and fast-paced technological changes. 💡 Low-code empowers insurers to boost agility, foster innovation, and improve customer experiences by streamlining development and automating processes. Learn how low-code is redefining the future of insurance! https://zuehlke.smh.re/33f
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The insurance industry is transforming, shedding manual processes for digital efficiency. In our latest eBook, discover how Quixy's no-code/low-code platform empowers businesses to create custom applications without extensive coding. ✅ 📒 You'll learn about - How no-code/low-code technology is revolutionizing insurance operations - Key benefits: increased efficiency, agility, and user empowerment - Real-world examples like automated claims processing and enhanced customer service - A success story: NTrust cutting claim processing time by 30% It's time to take your InsurTech to the next level! Download your copy now! ➡️ https://lnkd.in/d9kT89Ww #InsurTech #NoCode #LowCode #DigitalTransformation #InsuranceInnovation #EfficiencyBoost #Automation #Insurance
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For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications – and the challenges that can involve for companies without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily. Read more here: https://lnkd.in/eXNvwGWs #Insurance #Coding #InsurTech Veronica Chizh Dmitry Denisko
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“We are saving 80 – 100 hours per month by adding Time Machine to our testing and development environments!” A quote from the VP of Application Development from one of the largest insurance providers in the U.S. To read more testimonials, click here: https://lnkd.in/gxtw2jh8 To learn what Time Machine and its Product Suite can do for you, click here: https://lnkd.in/ecxW9Wk4 #softwaretesting #cloudmigration #testautomation #containerization
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Completed CFI's Introduction to InsureTech, eager to apply actuarial skills to this dynamic field. Key takeaways: Data-driven decision making: Applying analytical expertise to big data & AI for personalized policies, risk assessment, and pricing optimization. Emerging risks & coverage gaps: Designing & evaluating InsureTech solutions for challenges like climate change & the gig economy. Transforming customer experience: Shaping user-friendly & accessible insurance products with focus on customer needs & risk profiles. Open to networking & connecting with like-minded professionals shaping the future of InsureTech! #insuretech #actuary #futureofinsurance
Introduction to InsurTech • Panaishe Chibondo • Corporate Finance Institute
credentials.corporatefinanceinstitute.com
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In insurance pricing great advances have been made to introduce new modelling methodology. Improving the accuracy and speed with which pricing models are developed. However automating data flows and integration is often overlooked. Reach out to MavenBlue and allow us to show you how you can; ✅ Lower errors in pricing by directly integrating pricing models into core systems. ✅ Reduce operating expenses in your pricing function. ✅ Improve underwriting performance. ✅ Improve transparency, governance and controls around the development & deployment of your pricing models. You can request a demonstration at - info@mavenblue.com
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🔒 Unlocking the Future of Financial Verification with Streem Verify 🔒 Hey everyone! Ever found yourself stuck waiting for financial statements or wading through endless data for verification? Well, those days are officially over. Let me introduce you to something that's changing the game: Streem Verify. This nifty tool from Streem Connect is all about making financial verification a breeze. Whether you're an accountant needing to double-check client finances, a finance broker verifying income sources, or just about anyone who needs financial data fast and accurate, Streem Verify has got your back. What's to Love About Streem Verify? It's like having a financial detective at your fingertips, giving you all the deets from historical transactions to current balances, without the wait. Excel lovers, rejoice! Export those statements and dive into the numbers your way. Only need a report every so often? Cool, the first one every 90 days is on the house. Need more? It's just a quid per report. No breaking the bank here.Instant access means no more drumming your fingers on the desk waiting for statements. Click, download, and you're golden. Why It's a Game Changer Streem Verify isn't just another tool; it's your secret weapon in making informed decisions, staying compliant, and offering top-notch service to your clients. It's about spending less time on the tedious stuff and more on what matters. So, who's ready to kick financial verification hassles to the curb and join the verification revolution with Streem Verify? Let's dive into this new era of financial clarity and trust together! https://streemconnect.com/ #StreemVerify #FinancialVerification #GameChanger #FinanceTools
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🚀 In today’s fast-paced world, gathering insights quickly is the key to staying ahead. Pre-Check by Skopenow enables teams to automatically surface and process crucial information about subjects en masse without all the manual work. Whether it’s scanning for threat actors, combating organized crime, or triaging insurance claims, Pre-Check scales effortlessly, ensuring that you can focus on what matters most—making better decisions faster. 🎥 👇 Check out the video to see how Pre-Check can transform your due diligence workflows in just a few clicks! Want to learn more? See our software in action for yourself: https://bit.ly/3Yq9tUr
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