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Oracle Accelerate Industry Solutions for Insurance

WHY ORACLE



Oracle Accelerate solutions for the Insurance industry deliver a powerful combination of complete and scalable applications that can meet all your business challenges. With Oracle Accelerate, you'll find a solution that's easy to buy, own, and maintain, and that features key industry functionality built specifically for insurance companies.


COMPLETE — Meeting All the Needs of Insurance
  • Comprehensive
  • Integrated
  • Scalable
INDUSTRY-FOCUSED — So You Get What You Need
  • Rapid Deployment
  • Best Practices
  • Custom Fit
EASY TO OWN — Packaged, Priced, and Delivered
  • Easy to Buy
  • Easy to Implement
  • Easy to Use
  • Easy to Maintain
  • Easy to Adapt

SAMPLE BUSINESS PROCESS FLOW

ORACLE OFFERS SIGNIFICANT BENEFITS

Oracle Accelerate solutions for Insurance enable you to

Increase revenue through distribution management and customer service
  • Manage multiple, complex distribution relationships
  • Support balance marketing campaigns across agent, broker, and direct channels, and streamline lead management
  • Increase understanding of customers, markets, and distribution
  • Enable multi-channel service for distribution partners and customers
Enable flexible and efficient core business processes
  • Reduce claims expense while improving the customer interaction experience
  • Support complex direct and agent billing
  • Support integrated, auditable, paperless business processes
Improve corporate governance through business intelligence and risk management
  • Provide actionable customer and product profitability insight
  • Deliver financial and operational business transparency
  • Create a foundation for regulatory compliance to meet local, state and federal regulatory needs
Provide efficient and effective operational support
  • Increase employee/agent knowledge and retention while reducing training costs
  • Manage statutory and GAAP environments to support global insurance reporting requirements
  • Manage multiple financial environments for multi-line companies globally
Evolve to an agile, intelligent and secure platform for next-generation services
  • Enable new services across product silos
  • Gain real-time insight across all channels
  • Secure customer data and assess for risk and compliance reporting
  • Selectively consolidate legacy systems onto open standards platform

ORACLE SOLUTIONS CATALOG

Find and Oracle Accelerate Partner Solution (Reviewed by Oracle)

ORACLE APPLICATIONS FOR INSURANCE COMPANIES

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