Fraud & Suspicious Activity

Insurance is all about providing peace of mind for policyholders. But peace of mind is something that many insurers themselves lack, as uncertainty looms over the issues they face. All this uncertainty is compounded by the macroeconomic underwriting cycle of alternating hard and soft markets. In addition, insurers must comply with ever-changing regulations and increasing demands from rating bureaus, consumers and investors. Mid-market insurers face their own set of challenges. Failure to address any of these issues can spell disaster.

inoday can help ease the uncertainty facing the insurance industry. We tackle insurers' top-of-mind issues head-on with proven, industry-specific solutions and a robust foundation technology. inoday provides a foundation of best practices for building solutions for the insurance industry. The framework provides insurers with a data model, template workflows, and insurance-specific services to help them quickly realize return on investment. It includes standard workflow templates for common insurance processes for L&A and P&C insurance. It provides a working model for deploying services that consume and respond to ACORD XML messages. And it includes services for managing insurance-product configurations that make it easy to re-use product components across the enterprise.