Equisoft/Manage

Equisoft/Manage

A SaaS policy administration solution using low-risk, production-ready digital business processes.

Equisoft/manage, our end-to-end SaaS solution on Azure packaged with system maintenance, upgrade support, disaster recovery and backups, and production support. Equisoft/manage is our flagship SaaS solution leveraging OIPA, fully integrated with Equisoft’s digital quote/illustration and electronic applications as well as our mobile-first agent and client self-servicing portals.

Key Guiding Principles:

• Modular, rather than monolithic approach.
• Use only what is needed, add as program objectives evolve.
• Simplified maintenance & operations to manage the cost of ownership.
• Rapid deployment of foundation deploying best of breed product foundations to accelerate speed to market then carriers configure the rest to meet specific requirements.
• Self-Service for configuration, rate & product features resulting in faster time-to-market for future product variations.
• Enterprise-Grade Security for data in transit and at rest – SSAE SOC 2 Type II Certified.
• Fully Low-Code – No code changes to support business processes, transactions, screens, or integration.
• Plug and Play Integration Approach supporting many vendor system integrations OOTB.
• Built on cloud-native PaaS integration patterns facilitating secure, scalable, and highly-available integration of real-time and batch-driven requests with orchestration of complex, upstream/downstream dependencies.

• Rules-Based Configuration Engine: A distinctive feature is the low-code rules engine that defines all transactions, product definitions, business rules, data validations, security, and interface behavior. This enables rapid product development and maintenance without requiring custom coding. The system comes with out-of-the-box foundations for Life, Annuities, Health/Accident products, and for Indexing Strategies and Variable Funds.
• Cloud Architecture and Infrastructure: As a SaaS solution native to Microsoft Azure, Equisoft/manage operates on a hub and spoke architecture that enables both security and efficiency. The platform guarantees 99.5% uptime and provides comprehensive disaster recovery capabilities with a 4-hour recovery time objective. It includes automated monitoring, security controls, and regular maintenance updates.
• Integration Capabilities: The system offers extensive integration capabilities through APIs and web services. It can connect with external systems for functions like document management, payment processing, and third-party data services. The platform includes pre-built integration adapters to accelerate implementation.
• Data Management and Reporting: The solution includes robust data management capabilities with a data staging solution specifically designed for reporting and analytics. It maintains complete audit trails of all transactions and provides flexible reporting options. The system can handle high volumes of data, supporting carriers with millions of policies.
• Security and Compliance: Built to meet enterprise security requirements, Equisoft/manage is SOC 2 Type II certified. It includes role-based access control, data encryption, and comprehensive audit logging. The system supports compliance with various regulatory requirements through configurable business rules and validations.
• Self-Service Capabilities: The platform includes carrier self-service features that allow business users to manage products, rates, and configurations independently. This reduces dependency on IT or vendor resources for routine changes and enables faster response to market needs.