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What is Openkoda?

Openkoda serves as a dedicated application development platform designed specifically for the insurance sector. It empowers carriers, insurtech firms, managing general agents (MGAs), startups, and service providers to swiftly develop extensive web applications, APIs, and internal tools, significantly reducing development time compared to conventional methods, all while allowing teams to retain full control over their source code. Its foundation on an open-source framework mitigates the risk of vendor lock-in. Featuring a modular architecture and a selection of pre-existing templates, Openkoda accelerates vital insurance operations such as policy issuance, claims processing, endorsements, and renewals, all within scalable containerized environments that avoid imposing per-user fees. Moreover, Openkoda is equipped with specialized industry accelerators, which include an AI-enabled policy administration core, claims management workbenches, embedded insurance checkout features, and dashboards for underwriters that are capable of accessing external risk data or initiating machine learning models. This extensive range of features makes Openkoda an invaluable resource for organizations aiming to drive innovation in the insurance field, ultimately enhancing their operational efficiency and service delivery.

What is AUSIS?

AUSIS – Comprehensive Behavioral Underwriting AUSIS equips insurance providers with the ability to perform in-depth underwriting, scoring, and decision-making almost instantaneously. By implementing AUSIS, companies can significantly lower their expenses, time requirements, risk exposure, and instances of fraud, all while enhancing efficiency and decision-making through innovative alternative scoring techniques and added functionalities. Additionally, AUSIS improves the straight-through processing (STP) rate as compared to non-straight-through processing (NSTP) and facilitates non-invasive health data gathering from a multitude of sources, including air quality indexes (AQI), geographic locations, mortality rates, social determinants, multimedia content, health monitoring devices, weather patterns, sanitation conditions, and beyond. As a result of using AUSIS, insurance organizations may see up to a 40% reduction in costs tied to policy issuance. This groundbreaking solution not only optimizes the underwriting workflow but also offers critical insights that can enhance risk assessment and management strategies. The integration of such comprehensive data enhances the overall effectiveness of the insurance process.

Media

Media

Integrations Supported

ABBYY FineReader PDF
AGO Insurance Software
Basecamp
DXC Assure
Discord
Document Manager
Ensemble Suite
GitHub
Google Cloud Platform
IBM Watson Machine Learning Accelerator
Jira
LDAP
Microsoft Azure
Microsoft Teams
PolicyStat
Slack
Stripe
TensorFlow
Trello

Integrations Supported

ABBYY FineReader PDF
AGO Insurance Software
Basecamp
DXC Assure
Discord
Document Manager
Ensemble Suite
GitHub
Google Cloud Platform
IBM Watson Machine Learning Accelerator
Jira
LDAP
Microsoft Azure
Microsoft Teams
PolicyStat
Slack
Stripe
TensorFlow
Trello

API Availability

Has API

API Availability

Has API

Pricing Information

$4000/month
Free Trial Offered?
Free Version

Pricing Information

$10/month/user
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Openkoda

Date Founded

2022

Company Location

Poland

Company Website

openkoda.com

Company Facts

Organization Name

Artivatic.ai

Date Founded

2017

Company Location

India

Company Website

artivatic.ai/products/ausis

Categories and Features

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

Categories and Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

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Intelligent Life Technologies Limited