The Solartis Platform

Introduction to Solartis Insure

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Solartis Insure is a very different kind of policy administration system.

Solartis Insure is an API-centric policy administration platform built from the ground up on microservice architecture. The platform is deployed in a cloud infrastructure and supports the full policy life cycle process (e.g., submission, rate, quote, refer, bind, ePay, issue, renew, endorse, cancel, reinstate, audit etc.).

Solartis supports all P&C personal and commercial admitted and non-admitted lines of business. Our customers access our microservices through Solartis provided screens or via API calls from their tech platforms.

“With microservices and other Insurtech innovations, the insurance industry is now able to rethink how insurance fits into the fabric of our personal and business lives. The ultimate winner will be the customer.”

Nick Richardson

Solartis President and CEO

 

Since every company has unique policy administration needs, we make our policy life cycle microservices available in three different delivery options:

Solartis Insure Function as a Service (FaaS)

Solartis Insure is an API-centric policy administration platform built from the ground up on microservice architecture. The platform is deployed in a cloud infrastructure and supports the full policy life cycle process (e.g., submission, rate, quote, refer, bind, ePay, issue, renew, endorse, cancel, reinstate, audit etc.).

Solartis supports all P&C personal and commercial admitted and non-admitted lines of business. Our customers access our microservices through Solartis provided screens or via API calls from their tech platforms.

Platform-as-a-Services (PaaS)

This “Solartis Inside” option provides our stateful sales and policy life cycle microservices (accessed through APIs) without the user interface. This option allows your IT team to develop and design the user interface and business flow in-house.

Our sales and policy life cycle microservices are accessed via an XML or JSON request and the return response provides the requested transaction/information. This option allows your IT team (or your digital partners' IT team) to control the project. It reduces the development time and the cost and minimizes project risks as all policy admin functionality and rating content comes pretested and ready to go. Average time to Release Candidate /UAT (your work and our work) 75 days.

Software-as-a-Service (SaaS)

This “total solution” option provides all the needed sales and policy life cycle capabilities (microservices) including the user interface, business flow, required integrations, and reporting database. This option is currently used in consumer portals, broker/agent systems, and full-blown insurance carrier underwriter systems. The average time to Release Candidate (UAT) is 90 days.

Note: These same underlying microservices can also be used in channel partner technology platforms.

Solartis Insure Supporting Components

Solartis Builder

Solartis Builder

Our Solartis Builder lets analysts create and manage Personal and Commercial P&C insurance products.

Solartis Explorer

Solartis Explorer

Solartis Explore is our analytical tool for book of business level ("what if") analysis and processing activities.

Solartis Reporter

Solartis Reporter

Gain full reporting and analysis for all data stored or imported into the Solartis Insure Platform.

Solartis Monitor

Solartis Monitor

The Solartis production support team proactively monitors all customers’ platform usage 24/7 365.

Learn more about the benefits of Solartis state-of-the-art technology

The Secret to Success with ISO ERC is choosing the right ISO ERC partner. In this eBook, you will learn how moving away from your monolithic ratings and policy administration system allows you to take advantage of all the benefits microservice technology has to offer.

 

Download our ISO ERC guide

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