Business and enterprise agility can determine an insurance carrier's ability to compete and differentiate in a dynamic marketplace. Facing ever-changing market demands, life insurance and annuity carriers must continue to adapt their product portfolios-and business processes-as regulations, competitors, and consumer needs change. Carriers are looking for flexibility and the ability to replicate and reuse business rules and product configuration and calculations across business processes including illustrations, new business, commissions and policy administration.
In this webcast, learn how carriers can use modern rules technology and common rules architecture to transform the way they do business including:
Hear how La Capitale, Oracle and EquiSoft are addressing these industry challenges with software built around a common rules architecture.
- Sharing a single set of rules and product calculations across multiple business areas and systems
- Innovating on business processes that cross traditional functional areas
- Reducing the complexity of their IT ecosystem to reduce risk and optimize performance through common rules architecture
- Implementing highly configurable, rules-driven policy administration systems to align policy lifecycle processes with their business transformation strategy
Click Watch Now to download and view the on demand Webcast, A Single Source of Truth: Using a Single Rules Engine to Solve Life Insurance Challenges That Span Multiple Business Areas.
Oracle Insurance: Transforming the Insurance Enterprise
Oracle believes that insurers should be able to leverage technology to help transform their business. Oracle Insurance provides adaptive, rules-driven systems that help insurance companies easily change business processes as their business needs change. These systems position insurers to become more adaptive themselves, ready to respond to dynamic market conditions and take advantage of new opportunities as they arise.
For more information on Oracle Insurance, please visit oracle.com/insurance or contact us by e mail at firstname.lastname@example.org. To speak to an Oracle Insurance representative, please call 1.800.735.6620.