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Implementations

The ibits framework has been implemented in a wide range of insurance applications such as:

  • Third Party administrators administrating large blocks of Life and health products for multi national corporations, affinity groups and Governmental organizations.
  • Large and medium sized Insurance brokers administering traditional blocks of personal and commercial lines as well as administrators of group personal lines insurance.
  • Smaller Insurance agents distributing traditional personal Auto Insurance
  • Specialist Insurance carrriers offering Personal and Commercial Auto Insurance and Workers Compensation
  • Third party consolidators and Insurance lead generators for Insurance Companies and Agents
  • Banks and other financial institutions offering group employee benefit packages

The complete range of the ibits vertical applications have been implemented touching of all facets of functionality such as:

  • Quotation and policy recording/management
  • Rating and underwriting validation
  • Comparative quoting as well as offering ibits rating applications as a generic WEB Service
  • Document production
  • Sub ledger accounting, including all forms of Lockbox interface, ACH and credit card billing
  • Claims Management
  • Prospecting and data gathering
  • On-line sales (i.e. shopping basket applications)