InsurTech

Insurance & InsurTech

Transform to a Digital Core designed for the new unbundled Insurance stack

Technology has disrupted the Core Insurance Stack - The unbundled stack creates opportunities for InsurTech companies and insurtech startups to innovate in select components such as risk management, distribution or processes, besides creating new product offerings

Unbundled Insurance Stack creates opportunities for Competitive Advantage

From micro insurance cover for shared economy rentals to policies tailored for the gig economy where customers can turn coverage ON/OFF from their mobile app - “Insurtech companies” are taking advantage of new technologies to serve a digitally savvy customer base. Relying on a digital customer interface for sales and service, insurtech companies and startups are adopting P2P, BlockChain, Micro-Insurance, IoT, UBI and Big Data to create new products for target customer segments.

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We enable Insurers and InsurTech companies to address the evolving customer demand across 5 areas of the business.

Multi Channel Customer Experiences
Web & Mobile apps to find products, compare quotes, select add ons
Digital Distribution and Online Brokers
Make it easy to compare quotes, get better deals, make claims or shop via new channels like Social Media
New product development
Usage based insurance, IoT monitored coverage and Embedded insurance
Connected Device for Parametric insurance
Using real time data from Smart appliances, connected cars/machines and wearables
Automated Process & Operations
Efficient and responsive 24x7 Customer Service that lowers cost and generates higher yield

Modernize your Digital Core with best in class technologies - Partner with Trigent

Carriers and InsurTech companies and startups need a well-orchestrated digital core, to create purpose built insurtech insurance solutions to customer segments across varied digital touchpoints. This digital core will bring together multiple discrete technologies, minimize vendor dependency and allow the business to move quickly to meet the changing customer needs. Building a digital core entails transforming all the interdependent elements of the Core Insurance stack for maximum impact.

Using Trigent’s framework for the digital core modernization, businesses can transform their Insurance service stack in a phased manner with Customer Experience as the core focus. The framework developed based on our experience in working with companies across the value chain, delivers visible impact to the brand, rapid RoI and value to the customer.

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Create Innovative customer experiences for Competitive Advantage
Deliver value to consumers and shareholders
Rollout products at scale, rapidly onboard customers, ensure 24x7 availability
Trigent - your trusted IT Services Partner

Create competitive advantage for your business by leveraging the best-in-class technologies

Modern Applications

Modern Applications

Design, build and operate digital applications, products, and consumer portals that empower customers with information, ability to purchase and activate coverage of their choice. Intuitive, engaging, scalable and responsive‌ ‌web or mobile applications use the best‌ ‌of‌ breed‌ technology that include a combination of validated open source components, lightweight frameworks & mature programming languages. Applications are designed to support Omnichannel experiences across UX interfaces.

From design, prototyping, development, data migration, system integration, deployment and maintenance, Trigent’s Custom Application Development services has you covered. Switch to Cloud Native serverless architecture, create lightweight apps that are designed as services, deployed in scalable and versatile Containers and communicate via API’s. Incorporate zero-trust security posture across all stages of design, development, deployment and operations.

Flexible Architecture

Flexible Architecture

Take advantage of the unbundled insurtech insurance stack with a Digital Core designed for digital connectivity with internal and external ecosystems by leveraging APIs. Launch new digital distribution channels to your current backend systems via Open API interfaces. Trigent’s API Framework allows Insurers and InsurTech companies and startups to tap into new 3rd party channels for Embedded Insurance sales or securely connect with Connected Devices to create new Usage Based Insurance products.

Our approach is for companies to maximize returns on their current investments in technology. Sustain the old version of your core systems, while product functionality is carved out progressively and transitioned to the unbundled digital core architecture. Plug in best in class technologies to the Digital Core, swap providers as required and have full control resulting in reduced cost of ownership.

Managed DevOps

Managed DevOps

DevOps links processes, IT teams and technologies to provide continuous integration and delivery of IT services. It ensures close communication between programming and operational teams to accelerate software deployment and improve product delivery. Managed DevOps Services accelerates your DevOps implementation and provides for a centrally managed software delivery environment.

Utilize Managed Services to schedule and track releases, gain critical insights to risks, resulting in self-sufficiency with Orchestration and automation. Avail of a tailored DevOps environment that fits your development and delivery practices along with continuous monitoring service. Let your developers focus on the product and let our experienced team manage and maintain your DevOps environment with 24/7 operations.

Multi-Cloud Infrastructure

Multi-Cloud Infrastructure

The unbundled Digital Core architecture of your Insurtech Insurance Stack requires an appropriate Cloud-centered IT infrastructure. Switch to a hybrid cloud model with data and applications distributed across public and private clouds that’s right for you. Combining Insurance domain experience with expertise in Cloud technologies, our Cloud Services Practice help you design, build, migrate and operate the right cloud environment for your business.

With our certified Cloud practitioners across Amazon AWS, Microsoft Azure and Google Cloud Platform, you can evaluate which applications are ideal for public Cloud and those for which private on On-Prem options are preferable. Develop serverless applications, deploy containers for services and implement microservices architecture as required. Monitor your Cloud workloads, identify risks and improve application infrastructures with our AWS Well-Architected Services.

Continuous Testing

Continuous Testing

The unbundled Insurtech Insurance Stack powered by a Digital Core that is composed of multiple discrete technologies requires a robust Quality Engineering framework to assure every customer experience. Continuous testing enabled by Intelligent Test Automation is the key to rapid product innovation and new technology adoption, required for competitive advantage.

Partner with Trigent’s Quality Engineering practice to augment and extend your QA capabilities, undertake functional testing and automate regression testing. Save time in setting up your Test Automation Framework with AutoMATE. Select relevant test cases from a library of 600+ pre-built InsurTech user stories for instant results. Use Visual Test Design tools to generate test cases and automation scripts that work with Selenium or Cypress.

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