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Case Study - Insurance Management Solution
The client is a provide of insurance management solutions to major US based insurance carriers. It provides end-to-end services including plan,enrollment,financial management to insurance providers.
Healthcare industry in USA is going through major transformation in as many decades. The customer wanted to take advantege of the new business opportunities by augmenting their service offerings with the help of technology.
Life-cycle Management of Insurance Plan- Loading SERFF templates,End-to end plan offer to retire process management, integration with back-end COBOL system
Integration platform for data exchange with Federal and State based Health exchanges and Insurance carriers for various transactions such as enrolment,financial payments etc.
Multi-tenant environment for segregation of data.
Horizontally scalable architecture with ability to add multiple processing nodes
Pattern based design for modularity in development process.
Designed to process 500,000 environments per day.
Auto-Generation of Message Broker flow increases flexibility to add new integration points.
SOA aligned architecture for maximum agility.
Adherance to industry standards with capability to add custom content.
Open source frameworks-Struts2, Hibernate, Spring
Mobile application development framework
IBM WebSphere Message Broker, Transformation xTender
IBM DB2 Database
Significant reduction in new insurance carrier on-boarding from 6+ months to less than one month.
Reduction in operating cost and improvement in customer satisfaction.
New business opportunities by providing SAAS offerings for smaller insurance providers.Addition of 3 new customers with the new business model.
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