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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 IBSuite?

IBSuite encompasses the full scope of the insurance cycle, from the initial quoting process all the way through to policy binding, while also overseeing extensive policy management, efficient claims handling, and billing operations. This comprehensive suite allows clients to cultivate a strong insurance enterprise, enabling rapid development of innovative customer experiences and digital business models in an economically efficient way. By scheduling a personalized consultation with our insurance technology experts, we will delve into your unique challenges, pinpoint potential opportunities, and devise a strategic plan to leverage IBSuite for the advancement of your insurance business towards success. Through the enhancement of the sales process and improved decision-making via real-time analytics and external integrations, IBSuite empowers insurers to adapt quickly to shifting market conditions while maintaining compliance with industry standards. Furthermore, IBSuite provides true multi-channel capabilities and emphasizes a customer-centric design for new products and sales strategies, accommodating direct sales, sub-agencies, and white-label options. Consequently, insurance providers can significantly enhance their service offerings, leading to increased customer satisfaction. Ultimately, this all-encompassing platform not only improves operational effectiveness but also encourages ongoing innovation in a rapidly evolving market landscape, ensuring that clients remain competitive and responsive to their customers' needs.

Media

Media

Integrations Supported

Basecamp
Discord
GitHub
Jira
LDAP
Microsoft Teams
Slack
Stripe
Trello

Integrations Supported

Basecamp
Discord
GitHub
Jira
LDAP
Microsoft Teams
Slack
Stripe
Trello

API Availability

Has API

API Availability

Has API

Pricing Information

$4000/month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

Insurance Business Applications

Company Location

Denmark

Company Website

ibapplications.com/ibsuite-insurance-platform/

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

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

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

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