What software is used to trade insurances electronically in Italy?

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What software is used to trade insurances electronically in Italy?

Hello! Thanks for your question about software is used to trade insurances electronically in Italy. The most useful sources I found to answer your question are the company websites of the insurance software like RGI and DXC technology. The short version is that the software used to trade insurances electronically in Italy are Pass_Insurance, Agency Link, InsuranceSuite, Comarch, Winsure, Genoa and Bridge, FIS, Synergy2, X4i, Pega and Accenture. Below you will find a summary of these 11 software.

Developed by RGI, it is a Policy Administration system that provides end-to-end support for insurers of life, non-life and claim policies. The suite includes support for services like business process outsourcing and integrated management of digital signatures for insurers. RGI serves over 95 insurance companies and 300 brokers across Europe, Middle East and Asia. It is headquartered in Milan, Italy.


Developed by DXC technology, Agency Link allows agents to rate quote and issue insurance policies through the agency dashboard. Agents can also manage renewals, track claims and installment payments made by customers, and fill out a notice of loss. Although the company is headquartered in the United States, they have an office in Italy and serve Italian insurance companies and brokers, especially P&C insurers.


Developed by Guidewire, InsuranceSuite provides support for the entire insurance life-cycle including management of subscriptions, policies, claims, billing and accounting. It is available both on cloud and on premise. The company has its European headquarters in Milan, Italy and serves Italian agents and brokers.


Developed by Comarch, Comarch supports insurance brokers and agents in insurance sales and distribution, and portfolio maintenance. Using the agent portal, insurance agents and brokers can also monitor the performance of their portfolio. The software is used for all types of insurance, including life, property and pension. The company has an office in Milan, Italy and serves Italian agents and brokers.


Developed by Sopra Steria, Winsure is a non-life portfolio management software. It supports insurance agents and brokers in management of partners, quotations, policy contracts and insurance claims. It can also be integrated into existing insurance system environments. Although Sopra Steria is headquartered in Belgium, it has four offices in Italy and serves Italian agents and brokers.


Developed by Oceanwide, Genoa is a marine insurance software and Bridge is a property & casualty insurance software. The software supports the entire policy life cycle including submissions, quotes, claim management and reporting. Using the Bridge portal, agents and brokers can create, build and launch new products easily. The software can also be used to calculate and accrue premium. Although headquartered in Canada, the company has offices in Italy and serves Italian agents and brokers.

FIS

Developed by FIS, the software supports insurers in actuarial and risk management, accounting and payments. The software streamlines launch of new insurance products, filing of claims, member services, reconciliations, payments and tax reporting. It is an international company with offices in Italy and serves Italian agents and brokers.


Developed by Eurobase International group, synergy2 is a web based portal that offers support for quote and bind, current policies offered, upcoming renewals and claim management. The software can be integrated into the existing insurance solutions of the insurance company. Although headquartered in the UK, the company has offices in Italy and serves Italian agents and brokers.

X4i

Developed by C Consulting, X4i is a web application platform which can be integrated into the insurance company’s existing software framework. The software supports non-life insurance processes like premiums, claim management, policy portfolio, accounting and data warehousing. It also allows agents and brokers to manage warranties, marine and assistance insurance. The company is based out of Genoa, Italy and serves Italian agents and brokers.

PEGA

Developed by Pega, Pega software helps agents and brokers create and launch new insurance products, and streamline the underwriting process, policy application, and the quote and bind cycle. It also allows insurance companies to integrate the company’s risk, fraud and compliance policies into the insurance policy life-cycle. The software is integrated with mobile sales applications, predictive analysis and a real-time dashboard. Although headquartered in the United States, the company has offices in Milan, Italy and serves Italian agents and brokers.


Developed by Accenture, the software centralizes the policy life-cycle into a single record system. It allows agents and brokers to handle multiple transactions such as midterm adjustments, out of sequence endorsements, billing and collections. The company provides services to insurance and annuity providers in Italy.


CONCLUSION
To wrap it up, the software used to trade insurances electronically in Italy are Pass_Insurance, Agency Link, InsuranceSuite, Comarch, Winsure, Genoa and Bridge, FIS, Synergy2, X4i, Pega and Accenture. Thanks for using Wonder! Please let us know if we can help with anything else!
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