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What is Oracle Digital Insurance Platform?

Oracle's Digital Insurance Platform empowers insurance providers with advanced tools to develop innovative solutions and deliver exceptional digital experiences for their clients. This comprehensive platform streamlines various aspects, from sales channels to back-office operations, enabling rapid product launches and seamless adaptability to market shifts. By utilizing real-time analytics, insurers gain essential insights that enhance their decision-making capabilities. The system supports both individual and group life insurance, as well as annuities, by consolidating underwriting, policy administration, billing, and claims management into a unified framework. Health insurers benefit from improved enrollment processes, efficient premium billing, and faster claims processing, which contribute to higher member satisfaction through personalized and transparent services. Additionally, the platform enhances the bancassurance paradigm by ensuring immediate connectivity between banking institutions and insurance companies, promoting efficiency, consistency, and trustworthiness. This integrated approach cultivates a more agile insurance landscape, ultimately providing advantages for both service providers and their clientele while fostering a culture of innovation in the industry.

What is Cleva?

In the midst of the ongoing digital transformation, the insurance sector increasingly depends on information technology, which serves as the backbone of business operations and shapes the strategic vision of various firms. This evolving landscape necessitates adaptation to shifting consumer behaviors, the emergence of new competitors, changing risk landscapes, and the exploration of untapped markets, leading to formidable challenges for insurers. Addressing these complexities requires a strong emphasis on innovation. Cleva Inetum is committed to developing comprehensive solutions that support the digital transformation of the insurance industry through a cohesive and integrated platform that encompasses diverse functionalities, including policy management, risk assessment, and customer service. Utilizing cutting-edge technology, Cleva's offerings boost operational efficiency, facilitate informed decision-making, and enhance user experiences, addressing both life and non-life insurance markets. This versatile and modular software provides a revolutionary method for managing the distribution and lifecycle of insurance products. Additionally, Cleva is dedicated to equipping insurance providers with the tools necessary to not only adapt to swift market changes but also to excel in an increasingly competitive landscape, ensuring their long-term sustainability and success.

Media

Media

Integrations Supported

Allianz Cyber Protect
Zurich Cyber Insurance

Integrations Supported

Allianz Cyber Protect
Zurich Cyber Insurance

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/financial-services/insurance/

Company Facts

Organization Name

Inetum

Date Founded

1970

Company Location

France

Company Website

www.inetum.com/en/software/insurance/cleva

Categories and Features

Insurance Claims Management

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

Categories and Features

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