Farmington, Conn.-based Innovation Group, a provider of business process outsourcing (BPO) and software services, has relaunched its Innovation Insurer Suite, now positioning the platform for development of competitive and innovative business processes by insurers.
The new version of Innovation Insurer is a service-oriented, Java-based program that integrates with BPO services and delivery options including on-premise, ASP, BPO and software-as-a-service.
Innovation Insurer now also includes, according to Innovation Group:
- A new user interface (UI) that provides single-click access
- Full integration between policy, claims, and analytics
- A common architecture and platform built on a single data model, rules engine, and BPM engine
- A common configuration toolset
- An enhanced and flexible configuration tool with a dynamic, graphical UI which can expand configuration based on unique company, user, skills, process or business need
- Another revamped UI that manages product, rates, rules, forms, and brands in a more effective manner to support business users and speed-to-market
- Full web access
- Expanded out-of-the-box business rules and product templates that enable implementations to move more quickly, along with enhanced integration to other solutions and BPO services.
- Greater visibility into catastrophic events using rules-based analysis of active CAT events to provide unique process and assignments to handle them promptly, consistently and uniquely for specific events
- On-premise, ASP, BPO and SaaS delivery options, with the flexibility to change over time.
"By taking action to respond to market and industry trends and to plan for future changes that will contour our customer's and market landscapes," Andy Roberts, CEO of Innovation Group, says in a statement, "our leadership team has positioned Innovation Group to help insurers achieve operational efficiencies, competitive advantage and innovation through products and services that fit today's new normal, and which can be delivered with flexibility and agility through on-premise, hosted, SaaS or BPO models today and in the future."
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio