Insurance Business Applications (IBA)

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Overview

IBSuite, by Insurance Business Applications – IBA, is the proven cloud-native insurance platform, enabling insures to manage insurance portfolios, end-2-end. IBSuite supports both running large portfolios of insurance operations (quoting, underwriting, policy admin, claims management, billing, reinsurance and regulatory reporting) as well as greenfield propositions. The open, agile and flexible platform enables the insurers to launch products fast, deliver new revenue channels and create unique user experiences. Our customers, who are a great mix of large international insures, Insurtechs, agencies and semi-insurers running a captive business model, offer solutions including, but not limited to, usage-based insurance, telematics, micro insurance, loyalty programs, large eco-systems for mobility, connected home etc. IBSuite is API First and born in the cloud, always online, always upgraded, always available.

IBSuite in a Nutshell

  • End-2-End: IBSuite is an end-2-end insurance platform
  • 24/7: IBSuite is "Always On" and always available
  • Cloud Native: Powered by Amazon (AWS) and designed as true Cloud
  • API First: IBSuite is designed as "API First"
  • Global: IBSuite is multi-country, multi-language, multi-currency
  • Compatible: IBSuite is backwards compatible by design
  • Speed: IBSuite is fast to implement.

IBSuite - all you need in one solution:

  • IBSuite Campaign Management
  • IBSuite Sales and Underwriting
  • IBSuite Policy Administration
  • IBSuite Billing
  • IBSuite Claims
  • IBSuite General Ledger
  • IBSuite Rating Engine
  • IBSuite Advanced Data Flows
  • IBSuite Integration Engine
  • IBSuite Real-Time
  • IBSuite Reporting
  • IBSuite Analytics
  • IBSuite Product Engine
  • IBSuite APIs
  • IBSuite Output Management

Key Benefits:

  • Speed to market
  • Low transparent total cost of ownership
  • Self-sufficiency in your organisation
  • Enable new business models quickly
  • Ease of integration
  • Launch new products quickly
  • Drives automation