Adaptik Blog

Auto Claims Are on the Rise

Written by Property Casualty 360 on August 4th, 2016

Cheap gas and more miles driven per vehicle have been two contributing factors to an increase in auto claims. However, these aren’t the only two causes.

The Link Between Driverless Cars and Cybersecurity

Written by Digital Insurance on July 19th, 2016

Despite the anticipation of driverless cars, many are concerned about the cybersecurity risks associated with them.

Characteristic 8: Support for Large Policies & Schedules

Written by Christopher Merkel on March 22nd, 2016

If your new system can’t handle a significant increase in the number of concurrent users and in-force policies, what’s the point? You’re in business to grow, not to stagnate.

Characteristic 7: Scalability for Any Eventuality

Written by Faruk Batakci on February 29th, 2016

If your business experienced high growth in the next year – say, a 25 percent increase in policies in force – would your core systems be able to handle it?

Characteristic 6: Advanced Rules Capabilities

Written by Anne Kraske on January 25th, 2016

It’s no longer enough that a P&C policy administration solution be able to tout itself as “rules-based.”

Characteristic 5: Ability to Create Streamlined, Logical UX

Written by Matt Cousins on December 17th, 2015

No matter how well a core P&C insurance software solution functions, a clunky user interface or an unintuitive user experience can significantly impact ROI.

Characteristic 4: Business User Configurability

Written by Stacy Stout on November 19th, 2015

At Adaptik, when we say “configurability,” we mean business user configurability. The difference between that and IT configurability – the domain of many policy admin suites – is stark.

Characteristic 3: Seamless Third-Party Integrations

Written by Christopher Merkel on October 21st, 2015

P&C insurance carriers depend on a wide variety of systems and applications to keep their business running. We can help.

Characteristic 2: Ability to Handle Complexity

Written by Anne Kraske on September 9th, 2015

For a policy administration system to deliver true ROI, it’s not enough that it be able to aptly handle simple products and lines. Complexity matters, too.

Characteristic 1: Flexible Deployment Methodologies

Written by Michael Overend on June 3rd, 2015

No two P&C carriers are alike. Even among Tier 1 and Tier 2 insurers, internal IT capabilities, cashflow realities and technology strategies vary dramatically. One size definitely does not fit all.