Overview
Product Information on INSIS
What is INSIS?
INSIS Pricing
Overall experience with INSIS
“INSIS from FADATA: A reliable, flexible and connectivity oriented platform”
About Company
Company Description
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.
Company Details
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A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: INSIS
Performance of INSIS Across Market Features
INSIS Likes & Dislikes
- Entire functionality exposed through APIs - Breadth of OOTB functionality - Flexibility on the product definition - Very stable platform - Continuous Product Roadmap evolvement
The INSIS Fadata product is highly flexible, covering a broad range of insurance products & propositions The application is highly configurable to meet the needs of clients globally The implementation partnership model has meant that engineers can focus on the wider technical integrations knowing INSIS is being configured for us
- Short new product to market time - Collaborative Teamwork - End-to-end solution for insurance application
- Upgrade the version frequently - The billing and collection module
INSIS depends on Oracle Weblogic and database. This limits the choice of infrastructure setup that can be applied INSIS versioning remains static meaning a new version cannot be deployed until an old version is removed. This may be preferable for some organisation System documentation was initially poor but during our engagement this has significantly improved
- Oracle DB embeded PL/SQL codes - Must know the system well to maintain - INSIS versions and Oracle DB Release versions dependency
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Peer Discussions
INSIS Reviews and Ratings
- Head Of IT50M-1B USDInsurance (except health)Review Source
INSIS from FADATA: A reliable, flexible and connectivity oriented platform
Our experience in INSIS demonstrate that is a very flexible platform, with breadth out of the box functionality and covering all Line of Business. Fadata also have very capable professionals that tries to help you the most. The operations within INSIS are very reliable and so is a very robust platform. It also has the entire functionality exposed through APIs which ease the connection with other platforms and third parties - Protection Director50M-1B USDInsurance (except health)Review Source
Configurable & Flexible, underpinned by a strong relationship
Fadata have delivered on their promises in terms of the functionality and flexibility of INSIS. The relationship is strong and crucially, key personnel have remained involved as the programme has developed - Manager50M-1B USDInsurance (except health)Review Source
INSIS system by FADATA
Bringing a new product to market takes quite a short time. Flexible solutions with components. Designed workflow and process management. - Chief Operations Officer<50M USDInsurance (except health)Review Source
INSIS is a powerful PAS that is kept updated with market trends
A prospective client needs to be very careful to identify their needs very carefully as there is no standard "out of the box" solution since everything is theoretically possible. This means that project timelines may vary depending on your complexity and possibility to simplify - Program Manager Mozart1B-10B USDInsurance (except health)Review Source
Implementation is easy and MicroServices integration is hard
The Vendor is responsive and taking care of our needs. The solution is covering all core insurance processes and LoBs for Life and Non-Life. Managing deployments is challenging.