As insurance technology rapidly evolves, companies stuck in legacy processes risk falling behind, making it crucial for CEOs to understand their CIO’s strategy. This document highlights key questions CEOs should ask to ensure operational readiness, scalability, and future growth in a complex, regulated industry.
Press Release
EIS Suite of Insurance Core Systems Enters IBM Cloud Marketplace
Exigen Insurance Solutions (EIS) today announced at IBM Impact a partnership with IBM that brings the power of the EIS Suite of insurance core systems for policy administration, billing and claims to the IBM Cloud marketplace. Starting today, IBM clients can learn about and gain access to a virtual pattern of the EIS Suite that operates on the IBM PureApplication Service on SoftLayer.
The EIS Suite of insurance core systems software components provides insurers a comprehensive set of end-to-end solutions for legacy replacement. While EIS Suite is designed for interchangeable deployment in both on-premise and software-as-a service environments, customers benefit from software-as-a-service deployments by reducing their IT footprint, operational risk and time to market. Core functionality includes underwriting, rating, policy administration, billing, claims and customer and distribution management with optional document management and business reporting and analytics capabilities.
“EIS is among the very first providers of insurance core systems as software-as-a-service and for that reason is excited to announce that the EIS Suite is fully tested and enabled for deployment on IBM’s PureApplication Service on SoftLayer infrastructure-as-a-service, and is available via the IBM Cloud marketplace,” said Andrew deGroot, senior vice president global business development and alliances, EIS. “This neatly-woven combination of cloud optimized applications, platform and infrastructure is good news to mid-market insurers that are trying to manage IT costs and operations yet gain quick access to the best core systems capabilities to compete with larger more resource-rich insurers.”
The IBM Cloud marketplace offers clients access to more than 100 SaaS applications, IBM’s Bluemix platform-as-a-service with its suite of composable services, the powerful SoftLayer infrastructure-as-a-service and IBM’s rich intellectual capital and deep industry expertise. This single online destination with a suite of cloud services delivers a new buying experience for clients that enables line of business professionals to deploy new services faster; allows developers to build them with greater speed; and offers IT departments more creative, efficient and lower-cost ways to deliver these services.
To learn more about leveraging EIS Suite in the IBM Cloud marketplace and to get started, visit http://ibm.com/cloud.