Beyontecloud
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Harness the Insurance Cloud Ecosystem
Beyontecloud is a collaborative, shrink-wrapped, cloud technology model that shifts the value pools in the insurance industry and redefines the nature of doing business in the digital economy. It caters to the existing and emerging requirements of all constituents in the insurance industry with ready-to-use shrink-wrapped solutions, and ready-made collaborative platforms to bridge the technology gaps and accelerate to digital.
Beyontecloud Ecosystem Features
Beyontecloud presents an exhaustive set of multi-tenant, shrink-wrapped digital solutions ranging from core administrative solution, specific accelerator tools, and end-to-end platforms for a company, region or industry to achieve operational excellence without having to compromise on business priorities.
End-to-End Cloud Solutions
The cloud solutions in the ecosystem enable all constituents in the insurance industry to be market ready, collaborate and transact business digitally for increased revenue growth.
Shrink-wrapped Core Solution
Accelerate the path to tech-enablement by leveraging the shrink-wrapped core insurance solution and digitalize every part of the existing business process.
Ready-made Accelerator Tools
Add more versatility to your operations by adding new cloud-enabled accelerator tools that allow you to deploy and streamline new business processes with existing systems.
Collaborative Platforms
The fully configured platform solutions allow insurers and other insurance entities to collaborate and create new sources of revenue by rethinking their traditional roles.
The fully integrated Beyontecloud ready-to-deploy collaborative model brings together a portfolio of shrink-wrapped digital solutions that meet the needs of insurers, reinsurers, TPAs, MGAs, brokers, agents, associations and many other constituents in the insurance industry. These solutions are served through a holistic, multi-tenant cloud infrastructure, to fulfill the individual company needs as well as to accommodate the industry requirements.
Advantages
Technology edge
Unlock the economies of scale, skill and, scope by adopting the Beyontecloud ecosystem. Implement fully-ready solutions within the company and integrated with the larger insurance community for superior digital interaction and business efficiency.
Competitive advantage
Get the independence and flexibility to adjust your business according to the changing industry dynamics while having greater control for growing your business.
Business in real-time
By embracing the Beyontecloud, the participating industry constituents can execute risks, exchange documents, meet reporting needs, and communicate with other entities online – all in real-time.
End-to-End Multi-tenant Solution
Conceptualisation, development and implementation of new products are accomplished fast as all the components and capabilities required by the industry players are pre-configured in Beyontecloud’s shrink-wrapped solutions.
Innovate Constantly
Adapt and innovate constantly by targeting the most valuable parts of the insurance value chain. Adopt the Beyontecloud ecosystem to upgrade business efficiency and profitability.
Improve Existing Competencies
Identify the gaps that need to be addressed and leverage the strengths of the ecosystem to offset the existing system inadequacies.
Leverage Data Intelligence
Move from being a risk aggregator to a risk preventor with real-time data and smart business analytics. By integrating data sets with other ecosystem partners, insurers and other insurance entities can enhance analytics and achieve better insights.
Industry Collaboration
The Beyontecloud ecosystem acts as the gateway for conducting frictionless business. It provides the freedom for insurers and other entities to seamlessly leverage each other’s services, with the agility to switch over – whenever applicable.
Change Made Simple
Business rules modifications can be easily carried out by the business users without the need of external developers, thanks to the low-code configuration of Beyontecloud solutions.
Security
Beyontecloud ecosystem is governed by the highest levels of security standards to protect data and exchange. Insurers and other participants of each ecosystem are free from worrying about data fraud and compliance failures.
Orchestrated vision
Beyontecloud fulfils the industry objectives by bringing all the entities in the insurance industry together, to do business with a shared vision and a clear plan for the desired outcomes.
Incremental adoption
To aid industry players move up the value chain in stages, Beyontecloud allows them to migrate or upgrade to the new environment in an incremental fashion based on their priorities. Furthermore, it enables easy integration of legacy systems to the cloud.
