G2

Verified User in Insurance

Enterprise (> 1000 emp.)

7/23/2018

"Strong Technology for the new age of Digital Insurance"

4.5/5

What do you like best about Oracle Insurance Insbridge Enterprise Rating?

This is a great back-end solution to digitize insurance solutions especially for the Millennial generation! Millennials expect instant results as they tap through their smartphones. If they can

deposit a check or book a flight in seconds, they expect insurers to provide the same:

instant quote, policy issuance, and claims submission all through a mobile app.

Insurers need to evolve to deliver on millennial expectations, just like most industries

have already done. That means using digital technology to create simple, easy user

interfaces (UIs) and processes. Review collected by and hosted on G2.com.

What do you dislike about Oracle Insurance Insbridge Enterprise Rating?

The fatal flaw of legacy systems is their inability to adapt and

thus, inability to support digital insurance. Too many

insurance companies continue using antiquated systems

created 30, even 40 years ago.

For many years, IT staffers have jerry-rigged solutions around

their legacy systems, which has further complicated IT

environments. They’ve also gone deeper in technology debt

by adding maintenance costs of multiple systems. Insurance

CIOs have come to accept that they can no longer extend the

lives of their legacy systems. Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Insurance Insbridge Enterprise Rating:

The fatal flaw of legacy systems is their inability to adapt and

thus, inability to support digital insurance. Too many

insurance companies continue using antiquated systems

created 30, even 40 years ago.

For many years, IT staffers have jerry-rigged solutions around

their legacy systems, which has further complicated IT

environments. They’ve also gone deeper in technology debt

by adding maintenance costs of multiple systems. Insurance

CIOs have come to accept that they can no longer extend the

lives of their legacy systems. Review collected by and hosted on G2.com.

What problems is Oracle Insurance Insbridge Enterprise Rating solving and how is that benefiting you?

This company was having difficulty attracting digital business. With the Oracle Digital approach, we have been able to attract a new generation of insurance prospects. The Oracle insurance insbridge offers flexibility. Digital tools require two key components: (1) a simple, easy-to-use UI and (2) a flexible back end. Both elements can provide instant approvals and exceptional customer experience.

Impressive UI layers and mobile apps don’t offer much value unless the processes

themselves are digital. Real transformation begins deep within the process layer and

data core processing systems. Review collected by and hosted on G2.com.