Injecting user centricity to the core of the solution, the firm’s InsPro Enterprise platform is easily configurable by business users, with a product engine to accelerate clients’ new product launches. The platform administers senior health, voluntary benefits, accident and health, life insurance and annuity products on both a group and individual basis. InsPro Enterprise was built from the ground up and includes fully pre-integrated components to support not only policy administration, but also new business and underwriting, premium collection and billing, agent management and commissions, claims management, and document management. Key stakeholders like agents and group administrators can access information through dedicated portals within the solution, while the InsPro data mart provides all policy and claim data for transparency and simplified ad-hoc reporting. “Simplicity in integration is a core value of InsPro Enterprise, enabling clients to either leverage InsPro Enterprise as an end-to-end solution suite or integrate their existing back office systems with InsPro Enterprise on modular basis as needed,” says Robert Oakes, Founder, InsPro Technologies.
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We strive to improve user experience and instill technological enhancements with ease of configuration and integration at the nucleus of our development methodology
Sheer focus on cultivating domain expertise and building service-oriented solutions, which stand the test of time, has merited InsPro with an ability to continually shepherd the evolution of InsPro Enterprise and craft success stories too. One of their clients, a large insurance company, was aiming to capture a new market segment in a short span of time in order to beat their competitor to market with a similar product offering. The client relied on InsPro’s domain expertise and ability to scale up the operations at pace to foray into the market at the right time. InsPro Enterprise’s flexible product configuration templates enabled the client to launch their product, ahead of schedule and under budget, with very few system modifications. The client witnessed marked improvement in product delivery pace and registered increased policy enrollments when compared to the previous year.
To help foster ongoing client successes, InsPro employs a Socratic approach of presenting and challenging the ideas with pure logic during the conception of a solution. The company’s leadership views the senior health and group voluntary market as the strongest current market opportunities and aims to continuously expand their SaaS offering model. Team InsPro keenly follows technological advances and their impact on the policy administration arena; distilling emerging industry trends and upcoming compliance requirements into ahead-of-the-curve solutions that equip clients with an essential arsenal to have an edge over their peers. “We strive to improve user experience and instill technological enhancements in the platform with ease of configuration and integration at the nucleus of our development methodology,” concludes Oakes.