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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 LexisNexis Claims Compass?

Boost your operational efficiency and confidently automate processes by integrating reliable and timely insights into your claims management system. Leverage Claims Compass, an adaptable platform that seamlessly connects various solutions, to embed these essential insights within your system. By using this platform, you can not only speed up cycle times but also improve the claims handling process while reducing costs through access to extensive data and analytics. Optimizing your workflows makes it possible to implement advanced analytics, delivering critical intelligence that enhances decision-making throughout the claims journey. Furthermore, strengthen your fraud prevention strategies by utilizing predictive analytics, advanced investigation methods, and robust medical provider management tools. This comprehensive strategy is designed to ensure a faster recovery of your customers' satisfaction by utilizing a claims management system that delivers unparalleled processing capabilities. In doing so, you not only advance your organization's interests but also elevate the overall experience for your clients, fostering long-term loyalty and trust. Ultimately, a well-integrated claims management system serves as a catalyst for sustained growth and operational excellence.

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

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/claims-compass

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

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