OutSystems for
Insurance
Deliver Enterprise-Grade Digital Insurance Solutions Faster
The insurance industry is at a digital crossroads. Competition from insurtech and big tech, expectations to deliver flawless user experiences, increasing pressure to grow market share—with challenges like these, what road will you take for your digital transformation?
Increase Policy Profitability
Beat Insurtech and Big Tech
Ensure Regulatory Compliance
Decrease Underwriting Costs
Reduce Legacy
IT Debt
OutSystems for Insurance
Increase Policy Profitability
How is your company handling the pressure to offset high claims costs and underwhelming financial performance? Rethink your business model and lead with a digital-first strategy by building sophisticated, next-gen digital engagement solutions with the OutSystems low-code development platform. Policyholders, agents, and brokers can interact on their own terms while you increase policy upsell opportunities.
Beat Your Insurtech and Big Tech Competition
Insurtech and big tech are delivering flawless user experiences that could be affecting your business. Beat the competition by using OutSystems to build agent portals, claims applications, and underwriting solutions 10x faster than with traditional development methods. And, plug into the entire insurance ecosystem outside your organization.
Respond to State and Federal Regulations
Adjusting your policies and procedures to adhere promptly to new state or federal regulations is critical to achieving compliance. The OutSystems platform enables you to customize your workflows, business rules, and application UI in a matter of hours—not months—allowing you to become compliant with state and federal regulations quickly.
Learn how Deloitte used AI to take the guesswork out of an insurer’s risk management initiatives
Decrease the Cost of Underwriting and Claims
Overwhelmed by demands to reduce operational costs? With OutSystems, you can digitize operations and rapidly build your way to “zero-touch” quoting, underwriting, claims, and more. By connecting disparate systems of data, applying data standards, and automating manual processes, you can reduce processing times and support costs.
Learn how Van Ameyde reduced average claim resolution time by 30%
Reduce Your Legacy IT Debt
Legacy environments are costly to maintain and operate. With OutSystems, you can cost-effectively integrate or re-platform legacy systems using low-code development. Plus, you can consolidate multiple core systems and data sources into a single, 360-degree view, improving data transparency and response times.
Learn how Fidelidade modernized their legacy systems and consolidated their application portfolio.
The Top Insurance Tech Trends To Watch In 2019
Six Trends Define How Insurers Should Invest to Address Business and Tech Challenges
Are you aiming to transform your organization with digital technology? Read this Forrester Report to see the latest insurance investment trends and where you should spend for success.
It will help insurance technology leaders understand what these trends mean for the business of insurance and how it will affect their firms in 2019.
