Adacta Announces the Latest Release of the AdInsure Insurance Platform

Adacta Announces the Latest Release of the AdInsure Insurance Platform

Adacta, a leading provider of software solutions for the insurance industry, announced the 2021Q1 release of the AdInsure insurance platform. This release further empowers insurers on their mission to become even more agile, digital, and customer-focused. These business drivers are accompanied by a shared need for improved productivity and infrastructure flexibility.

“Insurance space today is increasingly dynamic and demanding, challenging insurers to rethink their traditional strategies and adjust them to the new normal. Many still struggle with ever-increasing customer expectations, hybrid work models and the ways these two factors influence each other. And while the latest AdInsure comes with hundreds of useful and interesting features, we wanted to highlight the most important ones and the ones reflecting our core aspiration to drive flexibility,” says Boris Bajic, CEO, Adacta.

Highlighted features of AdInsure

AdInsure dashboards and widgets
The changes to AdInsure dashboards increase the productivity of insurance teams and users who can now simply drag-and-drop widgets to customize and personalize their digital workspaces. Dashboards come with a set of standard widgets such as predefined reports and overviews and can be further extended with AdInsure Studio or through integration with third-party data providers.

Support for international programs
Insurers operating across borders can now use master policies to sell their property insurance on global markets more easily. Predefined master policies store everything from tax and fee information to differences in coverage (DIC), differences in limit (DIL) and FINC clauses.

Enhanced collaboration functionality
The improvements in collaboration tools are designed to keep up with customer needs and market changes. Tools now support additional communication channels, empowering sales teams to interact with their customers using video calls and continue to sell complex insurance products remotely.

Investment-linked products
The latest improvements to investment-linked products simplify change management at the portfolio level. Additionally, out-of-the-box processes now include amendments specific to investment-linked products, such as fund shifts and partial and total surrender. Additional improvements enable users to use straight-through claims handling processes to optimize resources and improve customer experience.

Service provider management
Insurers can further improve their service provider management with newly added import features and enhanced search. Teams can now import externally added claims using XML files and search for service providers, such as claim brokers, medical facilities, etc., using the claim event or the claimant’s location.

Extended cross-platform support
The latest release provides insurers with more freedom and flexibility to deploy AdInsure on Linux. Additional choice ensures insurers can reduce their operating costs and total cost of ownership.

About Adacta
Adacta is a leading software provider for the insurance industry. Its insurance platform – AdInsure – provides Life and P&C insurers with a future-proof way to streamline their operations and processes. Since 1989, Adacta has spent decades helping insurance organizations grow their digital capabilities and drive increased profit. Their mission is simple: Empower tomorrow’s industry leaders to realise their potential through technology.

About AdInsure
The AdInsure insurance platform is the digital foundation your business needs to keep up with industry changes. It connects and supports all your teams, helping you work smarter, launch products faster, and provide modern customer experiences.

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Hi, we’re Adacta—a leading software provider for the insurance industry. Our insurance platform, AdInsure, gives Life and P&C insurers a future-proof way to streamline their operations and processes.

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