Open Co +
General Insurance
Open Co + is our latest insurance application for the Global Insurance Market and is in use by some of the world’s leading non-life insurers. Open Co + offers a comprehensive solution for property and casualty organisations that write or administer any classes of domestic or multi-national insurance business.
Open Co + combines established insurance functionality with Sword Intech latest development technology, this enables Sword Intech to create a solution built around your business processes. This not only reduces the risks associated with traditional, design, develop, test, refine, test, deploy methodology, it also means that we view the systems design from a business perspective rather than a technology one
- Single Platform Solution
- Business Agility
- Multiple Distribution Channels
- Securing New Revenue Streams
- Comprehensive Functionality
- Business Process Management
- Low Risk
- Protecting your Investment
Single Platform Solution
Open Co + provides a comprehensive enterprise wide solution.
Where required it can be deployed to support both domestic and international, multi-company operations with comprehensive multi-currency processing and local language capabilities.
The entire organisation can benefit from the efficiencies delivered by an integrated, functionally rich application.
Business Agility to match your Business Processes
The technology inherent in Open Co + ensures that your organisation can quickly adapt to changing market demands and business opportunities. Open Co + provides unparalleled flexibility without compromising the advantages and dependability provide by a package solution. Your business processes sit at the heart of the solution ensuring a perfect fit with your business requirements.
Supporting Multiple Distribution Channels
Open Co + allows you to support all of your distribution channels through a single application enabling different views to be created for a single process to reflect the role of the user.
So whether you operate through brokers and agents, delegate authorities, binders, or direct (including on-line and telesales) Open Co + will support your entire quotation, underwriting and policy administration process.
Securing New Revenue Streams
The ability to design and launch new products and services quickly and easily is an inherent feature of Open Co + enabling you to respond rapidly to changing in market opportunities.
The user interfaces, business processes and functions associated with these products can be configured in “real time” either by adapting existing screens or by creating new ones. This is achieved without compromising the integrity of your business processes ensuring compliance with your underwriting guidelines and peer review criteria.
Comprehensive Functionality, Easily Integrated
Open Co + provides comprehensive insurance functional to support your entire underwriting and policy administration process.
This feature rich solution is further enhanced by our ability to integrate you core business applications with other systems.
We recognise the advantages that close integration with your trading partners, market organisations and standards bodies can deliver. Open Co + employs industry standard integration protocols and can support an extensive range of real time and scheduled data process interfaces.
Business Process Management
As a leading supplier of systems to some of the worlds' major insurance organisations Sword Intech recognises the need to deliver highly agile IT systems that can adapt quickly to changing business processes.
Insurance organisations today facing increasing pressure to respond to rapidly changing business opportunities whilst at the same time maintaining cost efficiencies and facilitating increases in productivity.
It is these issues that have been the drivers behind the design of Open Co + ensuring that the inherent flexibility in the application allows you to maintain highly efficient business processes; best practice procedures and operational agility without sacrificing any of the functional richness.
Low Risk
Open Co + is the latest in a proven line of insurance applications that have established Sword Intech as one of the leading suppliers to the London Insurance Market.
Our "package" approach to the maintenance and enhancement of the product, our active user group and the comfort that you are implementing a solution that has been deployed at over 30 companies in the London Market ensures that Open Box + remains the solution of choice for today's insurance organisations.
Protecting your Investment
Sword Intech makes significant investment in our products and services and looks to implement a Continual Improvement Process throughout our business.
We seek to exploit the latest technology developments and apply these prudently to the benefit of our customers. Our active user group ensures that our products continue to evolve in line with key business drivers and maintain their position at the forefront of insurance software applications.
Your investment in securing Open Co + ensures you have the best product for your business and through migration to new versions of the application can avoid the costs, risks and disruption of a full replacement project.