Digital Insurance Platform
Deliver insurance solutions and digital customer experiences that build your customers’ confidence and loyalty with an insurance management system. Easily roll out new offerings, implement necessary changes from your sales channels to the back office, and get real-time analytics to better understand your business.
Humana and Blue Shield of California: How a cloud-first strategy facilitates claims processing
Explore the journey of migrating to the cloud for better claims processing and adjudication.
Oracle Health Insurance is noted by Celent for having the greatest breadth of functionality
Explore Oracle’s digital insurance platform—an XCelent Award winner for health policy administration systems.
Enroll faster, earn trust, and grow market share with cloud insurance software
Create health insurance journeys with the transparent, personal service your members expect
Deliver a great experience for members. Simplify enrollments, premium billing, and claims adjudication with a digital insurance platform. Administer and automate new provider contract models so your members benefit from lower costs and a higher quality of care.
Explore Health Insurance SolutionsEfficiently run your life and annuity insurance for individuals and groups
Consolidate underwriting, policy processing, billing, and claims for individual and group insurance, all on a single insurance management system. Streamline operations to reduce operational costs, and gain flexibility to adapt quickly to changing business needs.
Explore Life Insurance SolutionsBring speed, consistency, and reliability to your bancassurance services on a digital insurance platform
Easily support the entire bancassurance lifecycle with real-time connectivity between banks and insurers to accelerate every step of the process, from point of sale to policy servicing to commission reconciliation.
Explore Bancassurance SolutionsSell and service policies on your customers’ channels of choice
Automate processes and deliver tailored policyholder responses, while balancing self-service and assisted customer service models on a digital insurance platform. Allow customers to buy insurance and receive service when and where they need it.
Explore Customer Experience SolutionsImprove speed of service with Data Exchange Technology—one of the largest integration-as-a-service exchanges that connects insurers with producers, banks, and service providers in real time.
Create powerful, persuasive, and effective communications—an adaptive enterprise document automation solution for excess and surplus and specialty insurance lines that offers efficient, cost-effective policy creation, retrieval, and web capabilities.
“Oracle Health Insurance enables flexibility for our business, while allowing for growth and change while we are undergoing that transformation.”
CIO and Senior Vice President, Operations, Harvard Pilgrim Health Care, 2021
Streamline your back office to empower your workforce with an insurance management system
Get your bills out on time and on contract—every time
Enhance the experience for your members. Help them gain operational efficiency by managing pricing, billing, and collections for exchange, individual, group, government, and ASO with stop loss using a single core insurance management system.
Explore Revenue Management and BillingTake a strategic approach to IFRS 17 and LDTI compliance
Meet global regulatory requirements with an approach that incorporates risk assessments as part of your compliance strategy. Link data, models, systems, and processes between actuarial and accounting functions and review analytical requirements without the need to build integrations between various point solutions.
Explore IFRS 17 and LDTI SolutionsFind the right talent and centralize HR operations across the business
Recruit, develop, and motivate the people who will move your business forward. Build an employee experience to attract the next generation. Manage compliance requirements and make better decisions with a single source of truth for HR data.
Explore HCM for Financial ServicesSee how our customers experience Oracle Insurance software
How Humana’s “cloud-first” strategy refined claims processing from four days to four hours
Matthew Swendsen, Principal Solution Marketer, Oracle Financial Services
Srini Venkat, group VP of insurance product development at Oracle, spoke with Mike Wheatley, AVP of IT at Humana, at the HLTH webcast. They discussed Humana’s process of moving its claims system into the future to enable real-time claims adjudication. Here is an excerpt from the webcast.
Read the complete postResources for insurance software solutions
IDC Research: Trends in Digital Transformation and Member Engagements for Health Insurers
Understand how a cloud-based architecture for your core insurance management system and mobile health platform can modernize operations, enable better member understanding, and help predict risk.
Oracle Named a Leader in the 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America
Oracle was cited for a wide internal ecosystem of complementary products and preintegrated services such as risk, finance, and customer experience.
Oracle a Winner in Celent Health Policy Administration Systems Report
Celent named Oracle a winner in its Health Policy Administration Systems: 2020 XCelent Awards. Among the 22 health and medical product insurance management systems reviewed, Oracle Health Insurance earned the award for having the greatest breadth of functionality.