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CORDIS

Innovative Software Configurator for the Insurance sector

Objectif

Insurance companies are locked into old complex technology. The insurance market has been disrupted by new technologies, devices and infra-structures that create new products, like usage based insurance, new distribution models like Internet aggregators and new interactions with customers through mobile devices. The insurance industry needs to rid itself of the legacy platform problem, but this is neither easy nor fast, and increasingly alternative solutions that leap frog the problem are gaining traction such as modernizing the peripheral applications around existing systems. While this approach provides a fast solution to pressing commercial problems it does not address the residual risk: that one day the core system, a burning platform, must be replaced. The i2S solution presents a disruptive approach to this problem that is to address change in two stages: first extracting from the existing system the key core knowledge about insurance products, commercial structures, process configuration while core systems and experts that know them are available; and second, having made this knowledge independent of core system, it can now be applied to any new solution or used to keep the existing solution working with a lower risk, even when the original builders are no longer around. This solution is the i2S Insurance Configurator (i2S-IC), an innovative one stop shop for configuration, allowing safe, quick, centralized, consistent and guided configuration, strategically enabling the capture and reuse of the business knowledge that is at the core of any insurance company.

Appel à propositions

H2020-SMEInst-2016-2017

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Sous appel

H2020-SMEINST-1-2016-2017

Régime de financement

SME-1 - SME instrument phase 1

Coordinateur

I 2 S-INFORMATICA SISTEMAS E SERVICOS SA
Contribution nette de l'UE
€ 50 000,00
Adresse
RUA DO ZAMBEZE 289
4250 505 Porto
Portugal

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PME

L’entreprise s’est définie comme une PME (petite et moyenne entreprise) au moment de la signature de la convention de subvention.

Oui
Région
Continente Norte Área Metropolitana do Porto
Type d’activité
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Liens
Coût total
€ 71 429,00