IBM PureSystems Centre

Extending the value of IBM PureSystems

EIS Suite

EIS Group
Provided by:EIS Group
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EIS Suite is a suite of modular insurance systems that includes policy administration, billing functions, claims management, and integrated multichannel sales and service provision. It is certified on IBM PureSystems, which delivers rapid provisioning, increased automation and efficiency and integrated cloud environment.
  • - Business Value

    Pattern Overview

    EIS Suite is a new generation of flexible, modular, end-to-end core system components that enables insurers to shift towards greater agility and customer-centricity. It supports core operations of P&C insurers to positively impact all key elements of their combined ratios, and dramatically improves speed to market for product launches and process enhancements to capture market opportunities and improve profitability. EIS Suite is certified compatible with IBM Expert Integrated systems. EIS Suite components PolicyCore, BillingCore and ClaimCore are designed to break down product and process silos and transform inefficient processes characteristic of the legacy systems they replace. EIS Suite solutions can be implemented on-premise or as SaaS. EIS Suite provides a complete set of tools for easy and rapid configuration of solutions: PolicyCore’s integrated product configuration and management tool, Product Factory, fundamentally alters the way insurers conceive, create and manage products. ClaimCore's Claim Factory provides an easy mechanism to define and design suitable workspaces for stakeholders in the claim processes. BillingCore provides configuration tools to define billing plans, define business criteria, manage operations and schedule jobs. CustomerCore enables integrated multichannel customer relationship and communications management.

    Business Case

    Business Problem

    The transformational strategies called for include: • Developing innovative product offerings to meet emerging market needs • Demonstrating agility and an ability to move quickly to capture market opportunities • Increasing responsiveness to the needs of distribution channels and customers • Developing innovative pricing strategies predicated on converting high, fixed costs into variable expense

  • -Technical Details

    PolicyCore - complete insurance policy lifecycle management from quote to policy issuance and administration, endorsements, renewal, cancellation, etc. including Product Factory, Rating, Automated Underwriting; ClaimCore - complete claims life-cycle administration including Claim Factory; BillingCore - complete billing and payment processing; CustomerCore - integrated multichannel customer relationship and communications; Commissions Management; CRM - Customer and Account Management; Document Generation and Content Management; Business Activity Monitoring; Business Intelligence and Operational Analytics;

  • - More Information

    Provider Information

    Name: Andrew DeGroot, SVP, Business Developemen and Global Alliances


    Phone: +1.415.402.2622

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