Solartis is an insurance technology provider that has redefined policy administration for established insurance companies and for insurtech startups.
Insurtechs compete with traditional insurers by leveraging technology and innovation. This has traditionally been difficult for existing insurance companies, as legacy systems have been difficult - and expensive - to adapt to a rapidly changing environment. Monolithic systems prevent established insurance companies and insurtechs from using agile methodologies, launching products to market quickly, and avoiding high overhead operating costs.
However, a policy administration lifecycle built on a microservices architecture allows both established insurance companies and insurtech startups to support the entire quote and policy lifecycle. Using a 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.
Learn more about the changing insurance landscape and get an overview of Solartis Insure: Microservice-enabled policy administration software. administration software.
Download the eBook, “Microservices Architecture and the Insurance Paradigm Shift” to learn more about how the insurance industry is changing, and the ways that today’s trends will affect the future of insurers, agents, and brokers.
Solartis insurance software solutions are built on a microservices architecture that provides the flexibility to deploy innovative applications quickly, on a flexible framework that makes it easy to adapt to future needs.
Insurtechs that partner with modern policy administration system providers use microservices for custom builds that increase speed-to-market and decrease costs. Microservices enable insurtechs to create customer-facing insurance or brokerage applications that are easily accessible from any device and are hosted in the cloud.
To learn more about microservices and their application to the insurance industry, download our resource.