Solartis is an insurance technology provider that has redefined policy administration for established insurance companies and
Only Solartis offers three different levels of microservices: Ratings-as-a-Service (RaaS), Software-as-a-Service (SaaS), and Platform-as-a-Service (PaaS).
See the power of microservices for your insurance organization.
Historically, launching niche insurance products from scratch has been problematic for companies as they have had to rely on monolithic software to manage the insurance policy lifecycle. Monolithic systems prevent established insurance companies and insurtechs from using agile methodologies, launching products to market quickly, and avoiding high overhead operating costs.
Future-forward core insurance systems like Solartis Insure utilize microservices to supports the entire quote and policy lifecycle. Using its microservices catalog, companies can choose from a range of specialized applications to find the best functionality for each feature, and ultimately build insurance products to fit any need.
The Solartis Project Management Toolkit (PMT) is used by Business Analysts to create and manage both Personal and Commercial P&C insurance products in the Solartis Platform.
Insurance technology that utilizes microservices helps established companies and insurtechs to: