No Code software and platforms liberate insurers from the constraints of inflexible insurance platforms. You know, the ones that you spend a year or more configuring and then get stuck in a complex solution that you can't afford to upgrade the the latest platform release.
Forget progress and innovation as you are trapped in that leviathan.
No Code platforms allow insurer's teams to customise digital processes and workflows in plain English (or other working language) to meet the needs and aspirations of policy holders. More than that to create differentiation and IPR for competitive advantage
For all classes of insurance from auto through home and pets to travel and speciality. Optimising the balance of automation, straight-through-processing (STP) and human claims handler intervention.
That's why we are proud of our No Code Claims Management Platform 360Siteview.
Oxbow Partners shows how insurers can escape the equivalent of trying to run through the swamp of Digital PAS Monoliths i.e. held back from fast progress and innovation.
"In the last 10 to 15 years full stack PAS vendors, such as Guidewire and Sapiens, have dominated the insurance technology market. These types of vendor promise to meet the full range of insurance technology needs but sometimes struggle to deliver new requirements. Updating them often requires significant effort and investment and they are not built to easily integrate with emerging service providers."
Oxbow describes the hybrid and full technology ecosystem models that 360Globalnet has deployed.
360Globalnet was one of Oxbow's 2018 class from Insurtech Impact 25. We are proud to have achieved the maturity status Oxbow identifies as necessary to deliver enterprise strength "Claims Automation and Management "
Find out more and email Mike.Daly@360Globalnet.com
Why No-Code over Code? Developing a software program takes time. Depending on the complexity of the requirements, a solution can take months to complete, and the overall cost can put a dent in any budget. No-code bypasses many constraints that impact software delivery, such as Delivery Cost Maintenance Whether the development is performed in-house or outsourced, these three factors can impact the cost-effectiveness of a software development project.