Oracle for Insurance

Oracle Financial Services: Insurance
Empowering Business Agility

Simplify IT and innovate to take advantage of changing consumer demands and new markets.

Modern Best Practice for Insurance
Oracle Modern Best Practice for Insurance

Digital Transformation for Your Insurance Business.

Oracle customers and executives discuss cloud-driven transformation.

Build the Digital Insurance
Company of the Future

Transform Your Insurance Business

Engage a new generation of consumers, deploy new products, expand into new lines, and increase operational efficiency with modern, flexible, rules-based applications for life, group, and health insurers.

Oracle Financial Services Clickable Infographic
96.7

US property and casualty combined ratio

96.7 US property and casualty combined ratio clickable
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5%

Millennials familiar with insurance industry

5% millennials familiar with insurance industry clickable
5% millennials familiar with insurance industry pop mark
5.6 million

Assigned beneficiaries under MSSP

5.6 million assigned beneficiaries under MSSP clickable
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20%

Life insurance growth rate in Latin America

20% life insurance growth rate in Latin America clickable
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Build the Digital Insurance Company of the Future
Build the Digital Insurance Company of the Future

Oracle's flexible solutions help insurers move away from simply keeping the lights on to instead simplifying IT and innovating their businesses to gain a competitive edge in today's digital marketplace.

Delta Dental of CA Faster to Market with Oracle Revenue Management and Billing
Delta Dental of CA Faster to Market with Oracle Revenue Management and Billing
Replacing our legacy billing systems with Oracle Revenue Management and Billing allowed us to implement complex products and pricing rules that made our enrollment process easier for our members. Integration to self-service web portals and real-time rate calculators have reduced call volume.
— Hari Makkala, Head of Information Technology,
Delta Dental of California
Harvard Pilgrim Health Care
Harvard Pilgrim Health Care Simplifies Insurance Claims

In our new environment with Oracle, we're achieving 90-92% auto-adjudication. That means we don't need humans to touch those claims and means those claims are processed more accurately as well, and that's critically important to the member.

— Deborah Norton, CIO, Harvard Pilgrim Health Care
Penn National Insurance
Penn National Insurance Innovates with Oracle

We brought rate changes and new products to market faster. Business analysts could do the work in a shorter time; we’re able to get premium benefits more quickly and reduce expenses.

— Dean E. Kimball, Project Manager, Penn National Insurance

Key Offerings


In the Spotlight

Gartner's Magic Quadrant for Life Insurance Policy Admin

REPORT

Oracle Named a Leader

Oracle placed in the 'Leaders' Quadrant' based on Ability to Execute and Completeness of Vision.

Building the Healthcare System of the Future

WEBCAST

Implement Modern Systems

Learn how to increase efficiency, improve member experience, and keep costs in check.



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