Insicon is a product company with one product (i2i) offered to one segment (risk/P&C insurance). Some 40 employees with strong insurance business understanding serve our customers with two dedicated teams; customer support and R&D. The product is web bases and built on modern Microsoft platforms with high logic architecture to be flexible, scalable and easily adaptable to different business models. Our customers are insurance companies, intermediaries, brokers and captives.
Insicon i2i is an all-in-one insurance Policy Administration System supporting digital and automated transformation in every aspect of insurance process including;
Design: Product & process design modules where business owners, without IT technical dependency, can set-up new products and draw automated process-maps for central business processes like sales, claims and customer communication
UW: Build tariffs and underwriting arguments in an Excel similar environment. Easy to import price arguments tables and configuring UW rules for automated UW processes
Sales: Plug & play Customer Service interface and KPI dashboard throughout the sales process. Supports omni-channel business set-up with multiple parties and channels
Policy admin: Support for full insurance lifecycle from quotation, through the policy issuing, mid-term adjustments, payment plan calculation, documents issuing and distribution to renewals with full insurance history overview
Claims: Plug & play Claims Handler interface including reserving, recoveries, reinsurance cumule reporting and KPI dashboard throughout the claims process
Billing & Collection: Automated billing process for various billing methods (invoice, e-invoice, direct debiting, credit cards etc.) supporting dunning and reconciliation with banks and payment gateways regarding collecting and paying out. Full traceability and logs of financial transactions together with accounting exportable to general ledger are just some of the standard features.
The core of our offering is all-in-one PAS with broad functionalities to allow flexible configuration within the standard product. i2i hasfurthermore set focusonofferingaPASthatisuserfriendly, enable short time to market and allow easy integration to external IT platforms.
• User friendly design of business processes like product, sales, claims and customer communication to allow self-service and great flexibility to adjust your products/processes
• Short time to market. i2i simplifies optimization of your business through self-administration and integrated business intelligence
• The platform allows integration of numerous API (external platforms) and a well structured API documentation is a part of the product
These key features give an attractive total cost of ownership when licence, implementation and administration are combined.