Pro Insurance Software Solutions: Functions and Benefits

The insurance sector is undergoing a digital transformation. This process must be continuous, though, because of the ever-changing tech environment. What can top-notch insurance software solutions provide these days? How can they improve business performance? Let’s take a closer look.

The insurance management ecosystem

Altkom Insurance Suite (AIS) is a comprehensive system of digital tools designed for insurance companies. It has four main purpose-built layers that are connected to dozens of microservices. This composition allows businesses to have a set of flexible insurance tools available in just one software product. There are dedicated portals for both agents and clients. The AIS also provides means for more effective insurance claims management. Configuration, adjustments, task assignments… All easy and fast. Just like new product releases.

Insurance software solutions based on AIS have a Product Factory function. This is one of the fundamental layers. It allows agents to enhance the efficiency of new products and sales packages. This type of software for insurance companies helps them with rapid market changes. Tariff requirements or the content of a particular product package can be modified in a matter of minutes. And that is just for starters.

The mobile insurance industry

Obviously, the above insurance industry software system has mobile functionality. It can be operated via different devices. Location isn’t an issue either, as long as there is a sufficient internet connection. That kind of availability is truly a game-changer for the insurance industry. Claims management software as well as product modifiers can be accessed from the field at any given moment. But is it safe?

Well, professional insurance software solutions are as safe as possible. They offer top high-end security. It is complex and constantly updated. Especially on mobiles. Agents and managers can rest assured that customer data and fragile corporate information won’t fall into the wrong hands just like that. Modern software for insurance is actually the best way to prevent digital theft from happening.

Cloud-native insurance software solutions

Banking software solutions strongly rely on cloud services. The same can be said about up-to-date insurance apps. So-called cloudification is present everywhere, really. There are many benefits of cloud technology, including the reduction of office space required, for example. But for that to happen, sophisticated tech must be applied. Top cloud-native insurance tools can transfer data to the cloud environment efficiently and with modern-day security standards implemented in their design.