Non-Life Insurance Core Platforms, Europe Reviews and Ratings
What are Non-Life Insurance Core Platforms, Europe?
Gartner defines the non-life-insurance platform market in Europe as composed of offerings that support insurers through a combination of core systems and key technologies focused on customers, partners, data or things. These core platforms include elements such as:
Core systems, including core modules for:
Policy management, which provides full, end-to-end policy management and issuance functionality — including (but not limited to) quoting, rating, underwriting, policy generation and statistical reporting.
Billing management, which supports the entire insurance billing and collections cycle, including (but not limited to) functionality such as electronic bill presentment and payment (EBPP).
Claims management, which combines claims administration and business process management (BPM) to support every phase of the end-to-end claims process for non-life insurers, from first notice of loss (FNOL) through settlement and reporting.
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Sapiens International Corporation is a firm specializing in the digital transformation of the financial sector, particularly insurance. With four decades of industry knowledge, Sapiens provides a robust insurance platform equipped with pre-integrated, low-code solutions and a cloud-based approach to expedite digital transformation. The solutions encompass an extensive range from core to complementary aspects including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. The operations of Sapiens span across North America, the United Kingdom, EMEA, and Asia Pacific, serving customers in 30 countries.
Sapiens International Corporation is a firm specializing in the digital transformation of the financial sector, particularly insurance. With four decades of industry knowledge, Sapiens provides a robust insurance platform equipped with pre-integrated, low-code solutions and a cloud-based approach to expedite digital transformation. The solutions encompass an extensive range from core to complementary aspects including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. The operations of Sapiens span across North America, the United Kingdom, EMEA, and Asia Pacific, serving customers in 30 countries.
Adacta is a software provider with a specific expertise in the insurance sector. Established in 1989, the company has concentrated on enhancing digital capabilities within insurance organizations. Adacta has developed AdInsure, an insurance platform that benefits both Life and Property & Casualty insurers by optimizing their operations and procedures. The purpose of this platform is to provide insurance companies with a technological basis that remains relevant towards future developments. The company also cultivates a culture centred on mutual empowerment, fostering a supportive and encouraging working environment crafted to advance the potential of its colleagues.
Guidewire operates as a platform favored by Property and Casualty insurers to stimulate growth, digital engagement, and innovation. The company integrates core, machine learning, analytics, and digital technology to provide its platform services via the cloud. It is utilized by over 500 insurance firms across 38 nations, accommodating fresh ventures to the heaviest and intricate insurance companies globally. Guidewire also offers reliable support for successful project execution, backed by an extensive Research and Development team along with a vast partner ecosystem extending across the industry. Furthermore, it owns a marketplace featuring numerous applications designed to enhance integration, customization, and innovation.
Keylane is a European provider of SaaS platforms to the insurance and pension industry. The company's solutions are designed to streamline current business processes, while also preparing clients for future adaptations and agility. Primarily, Keylane's focus revolves around offering an ecosystem of emerging technologies that help clients improve their services and products. The company is headquartered in Utrecht, Netherlands and has more than 750 employees. Its services span across numerous countries, such as Netherlands, Belgium, Germany, Denmark, Norway, and Switzerland.
msg global solutions operates globally as a systems integrator and managed services provider with a specialty in SAP solutions. It aims to enhance functions such as accounting, regulatory reporting, performance management, customer experience, and IoT. The company is widely recognized for its extensive expertise in the financial services sector, but its offerings benefit a variety of industries by optimizing operational efficiency and supporting improved decision-making capabilities.
RGI is an Independent Software Vendor primarily working towards the digital transformation of the insurance industry. Being operational for over three decades, RGI has developed extensive knowledge in catering to the varying needs of insurers, bank insurers, agents, brokers, and independent financial advisors. RGI's team, comprising over 1,200 professionals spread across Italy, France, DACH & Slovenia, Ireland, Africa & Middle East, specializes in insurance technology solutions. The company offers digital solutions, anticipates regulatory standards, and designs innovative insurance platforms in various core insurance areas. Both standard solutions for quick implementation and tailored projects are offered depending on client requirements. The focus on achieving operational efficiency keeps the company at the forefront of digital transformation in the insurance sector.
SAP is a company that aims to improve operational efficiency worldwide. The primary focus is on helping customers optimize their business operations. SAP develops innovative solutions to support this objective. The company plays a crucial role in transforming industries by fostering opportunity and equality on a global scale. By collaborating with customers and partners, SAP is capable of making substantial changes across various industries, supporting the growth and development of economies and societies.
Duck Creek Technologies is engaged in offering intelligent solutions that shape the future of the property and casualty (P&C) and general insurance industry. The company serves as a platform on which modern insurance systems operate, permitting the industry to leverage the capabilities of cloud technology for efficient, intelligent, and always up-to-date operations. The primary focus of Duck Creek Technologies is authenticity, purpose, and transparency. The firm believes that insurance should be available to individuals and businesses as per their demands. They offer leading solutions either individually or as a complete suite.
Fadata Group is a software solutions provider focusing primarily on serving the insurance sector to bolster client engagement, invigorate innovation and propel greater margins of business value. The company grants the insurance arena access to the newer generation of vital insurance platforms. The span of expertise includes an array of cloud services that are flexible and capable of accommodating all lines of business and processes related to insurance while adhering to the ethos of emphasizing open ecosystems. Fadata manages its operations on a global scale, marking its presence in excess of 30 nations that are spread across Europe, the Middle East, Africa, and Latin America. The company has established an expansive international network involving distribution and implementation partners. They also work with both global private equity firms and London-based providers of insurance services.
IBSuite is a cloud native insurance software as a service (SaaS) platform designed for property and casualty insurers. The focus of the platform is to digitalize operations, facilitate the incorporation of new business models, and integrate emerging technologies. Developed by IBA, this platform accelerates any insurance innovator's speed to market and enhances operational automation and partner orchestration. IBA's comprehensive design thinking innovation process aligns with IBSuite's architecture to boost the launch of innovative business models, insurance products, and processes tailored for future industry requirements. Given the uniqueness of each enterprise, IBSuite is designed for configuration and customization suiting individual business requirements. It integrates seamlessly with any system, scales across different languages, and can serve multiple organisations and channels.
Coforge operates as a worldwide provider of digital services and solutions. Its primary objective is to enable clients to navigate the intersection of specialized expertise and emerging technologies to maximise business impact. The company's focus on select industry sectors gives them a unique understanding of the related underlying processes and allows them to form impactful partnerships with leading platforms. They primarily utilise their product engineering approach and leverage cloud computing, data analysis, integration, and automation technologies to evolve client operations into intelligent, high-growth enterprises. Coforge's proprietary platforms facilitate crucial business processes across its core verticals. The company is established in 21 countries and operates 25 delivery centers in nine countries. Coforge operates on the ethos of equal opportunities, welcoming applications from all societal sectors without discrimination.
Prima Solutions specializes in accelerating digital transformation for insurance professionals. Boasting two decades of expertise, it is a notable participant in the insurance sector across France and Europe. The firm offers software that handles all business procedures in industries including Property and Casualty, Health (group and individual), Personal protection, and Mortgage. Furthermore, the company has a diverse network of global operations. Prima Solutions is a component of the TSS Group.
The Acturis Group is a technology based firm in the UK, encompassing six different divisions. The first, Acturis Limited, operates a high-performing insurance-specific SaaS platform, increasingly popular among business entities across the UK. Acturis Deutschland makes use of acquisitions of Assfinet, Lutronik and NAFI to provide integrated software and pricing data to the German insurance broking market. The third division, Nordic Insurance Software, primarily caters to the global travel insurance, international health and assistance market. ICE InsureTech, another division under Acturis Group, offers an insurance suite protecting the whole P&C process. This includes ICE Claims, ICE Policy, ICE Billing, ICE Analytics and ICE Digital, with quick and efficient implementation rates. Zycomp Systems Limited, another division, offers affordable solutions for the insurance brokers in Canada and the Caribbean. Finally, Add Value Assurances, another part of the Acturis Group, focuses on e-trading in the commercial sector in France.
The Acturis Group is a technology based firm in the UK, encompassing six different divisions. The first, Acturis Limited, operates a high-performing insurance-specific SaaS platform, increasingly popular among business entities across the UK. Acturis Deutschland makes use of acquisitions of Assfinet, Lutronik and NAFI to provide integrated software and pricing data to the German insurance broking market. The third division, Nordic Insurance Software, primarily caters to the global travel insurance, international health and assistance market. ICE InsureTech, another division under Acturis Group, offers an insurance suite protecting the whole P&C process. This includes ICE Claims, ICE Policy, ICE Billing, ICE Analytics and ICE Digital, with quick and efficient implementation rates. Zycomp Systems Limited, another division, offers affordable solutions for the insurance brokers in Canada and the Caribbean. Finally, Add Value Assurances, another part of the Acturis Group, focuses on e-trading in the commercial sector in France.
Damco Solutions is a trusted IT company that offers a host of bespoke and result-oriented services including application design and development, salesforce, robotic process automation, DevOps, Internet of Things, cloud-enablement, data analytics, QA and testing, and many more. Since our inception, we have been helping ISVs, startups, SMEs, and large-scale enterprises stay competitive and relevant by addressing their modern business challenges. Backed by a strong workforce of 1600+ seasoned professionals, we help our clients emerge as a winner in the digital realm.
Cloud Insurance, positioned in Oslo, Norway, is a Software as a Service (SaaS) provider intended to cater to the insurance sector. With a significant user presence across over 20 countries spanning 5 continents, the firm offers a comprehensive, user-friendly platform that simplifies numerous insurance provider tasks such as the management of policies, claims, financials, and reports. The offered solution includes enhanced backend and frontend capabilities, customer portals, and other features, all designed to deliver a sturdy insurance-related infrastructure that supports business growth and innovation.
Comarch is an international IT company that provides solutions aimed at the optimization of business and operational processes. Established in 1993, Comarch has been involved in numerous complex IT projects helping businesses worldwide. The company boasts a large team of IT engineers, business consultants, marketing specialists, among others. Comarch operates globally in 32 countries, spread across 69 cities on 6 continents, indicating its expansive reach in the IT solutions industry.
DXC Technology operates globally, focusing on enabling companies to efficiently run their critical systems and operations. This is achieved through modernizing IT, optimizing data architectures, and ensuring security and scalability across various cloud environments. The target audiences are large companies and public sector organizations, who seek the services of DXC Technology to improve performance, competitiveness, and their IT customer experience.
Gartner Research
Features of Non-Life Insurance Core Platforms, Europe
Mandatory Features:
Billing management, which supports the entire insurance billing and collections cycle, including functionalities, such as electronic bill presentment and payment
Claims management, which combines claims administration and business process management to support every phase of the end-to-end claims process for non-life insurers, from first notice of loss through settlement and reporting
Full end-to-end policy management and issuance functionalities — including quoting, rating, underwriting, policy generation and statistical reporting