See how a 150-year-old life insurer began a startup-like initiative to get into group benefits. With EIS OneSuite™ and a clean-slate mindset, they built a solid group benefits business from the ground up.
Modular / Forward Compatibility – Use Case
Have It Your Way: Forward-Compatible Digital Transformation With EIS OneSuite
With the right core system, insurers can see all their digital transformation dreams come true, but without having to do it all at once.
The modular setup of EIS OneSuite™ gives insurers the freedom to revamp their tech stack at their own pace. It also sets carriers up with a flexible, forward-compatible foundation to make further changes in the future, without unnecessary technical debt.
Replacing “Rip-and-Replace”
Despite the widely recognized need for digital transformation to improve all aspects of the insurance lifecycle, many insurers resist it. The fear of lengthy implementation periods and disruptions caused by the typical rip-and-replace approach has insurers looking for other options.
Fortunately, modular transformation provides the forward-compatible approach insurers need to update their entire core system, without the risk of doing it all at once.
The Missing Piece: Dial “M” for Modularity
Instead of a risky “rip-and-replace” overhaul, a modular approach lets insurers implement changes with high impact and minimal disruption.
Built in parts, or modules, but underpinned by a common platform, a modular core system lets insurers address their most pressing business needs first, achieve quick results, and then add more modules over time. It ensures transformation projects are on time, on budget, and gives a forward-compatible foundation for future transformations.
EIS OneSuite: A Modular approach for Today and Tomorrow
EIS OneSuite is a cloud-native, API-first platform that uses a modular approach to help insurers transform legacy systems.
Built on MACH architecture, EIS OneSuite enables fast, efficient transformation one step at a time without disrupting adjacent operations.
This modularity enables insurers to prioritize and implement the most critical capabilities first, such as policy, billing, or claims management.
The platform includes built-in workflow automation, an intuitive UI, customer data management, and powerful AI tools.
With open APIs, OneSuite offers the flexibility to easily integrate with third-party applications, providing the freedom to scale and engage with partners as needed.
Modular Flexibility and Forward Compatibility in Action
A Real-World Modular Transformation (That Didn’t Break the Bank)
An insurer with a limited budget and a slow, siloed legacy system needed to improve responsiveness. Instead of a costly overhaul, they chose a modular approach.
They first implemented EIS Platform™, CustomerCore™, and ClaimCore® to improve claims processing and data management. The resulting automation and cost savings offset the weaknesses of their legacy policy system. Later, they added BillingCore® to further optimize performance.
This phased approach delivered rapid value and allowed them to make significant improvements without a full system replacement.
Modularity = Seamless and Friction-Free Transformation
The modular structure of EIS OneSuite not only allows phased, priority-driven digital transformation — it does so without disrupting existing tech operations. In addition, each modular component serves as a building block for the next modular step forward. Insurers can quickly and efficiently add modules as they scale and achieve their initial goals.
Forward Compatibility = Preparing for What’s Next
Insurance doesn’t stand still. To keep up, carriers need systems that flex with changing customer demands and market threats. A modular core platform gives you the speed and scale to adapt to modern technology, making you forward-compatible.
Whether you need to overhaul your systems or optimize specific areas, a modular approach to digital transformation delivers rapid results with less risk.
It helps insurers stay agile by allowing them to quickly introduce new products and collaborate with third-party vendors on innovative offerings, preparing them for whatever comes next.