Overview
BriteCore is a fully-managed core software platform for property and casualty insurers that supports digital transformation, emerging technologies, and new business models.
Key Features
BriteCore offers end-to-end insurance capabilities, including policy administration, claims management, underwriting rules, and rating, agent quoting and inquiry, contact management, billing, imaging, printing, data warehousing, and reporting. Designed as a cloud-native solution, BriteCore is deployed using Amazon Web Services and is continually updated for maximum security, efficiency, and durability at scale. Insurance carriers, MGAs, and InsurTechs partner with BriteCore to gain a competitive edge through efficient operations, compelling customer experiences, and speed to market. For more information, please visitwww.britecore.com.
Key Benefits
Empowering Factors
BriteCore provides a community to align common interests and tooling to empower customer differentiation. The company’s customer-centric focus mixed with its tech-first mentality enables insurers to:
- Test new products and quickly bring them to market
- Adopt new technologies to improve operation and efficiency
- Embrace the speed, storage, and security of cloud computing
- Automate business workflows and processes
- Deploy products within a reasonable timeframe and budget
BriteCore’s solutions provide many benefits, including the following:
- Comprehensive Insurance Processing Suite. All modules (listed above) work together seamlessly and reliably.
- Automated SaaS with Dedicated Support. The futuristic solution does not require IT or support resources to deploy and maintain solutions. BriteCore’s approach benefits clients by smoothing the scaling cost with limited management overhead and by performing incremental releases, managed daily upgrades, and perpetually modern software.
- Dedicated Resources and Community Source. BriteCore offers personalized implementation plans with dedicated migration and education resources. Aligning core objectives with dedicated tech solutions has produced a 100% implementation success rate for the past five years.
- Product and Platform. BriteCore can be used both as a product with a user interface and as an API-driven platform. Insurers can extend BriteCore through code contribution or configure the system using user-friendly management tools and interfaces.
- Comprehensive Testing and Review. Insurers who participate in BriteCore’s Community Source Code Contribution program follow the same workflow as BriteCore engineers when extending core system functionality. Mature development processes backed by thousands of regression tests ensure the platform remains stable and secure. As more members participate, compounding results are achieved.
Differentiating Factors
Realizing the insurance software field is competitive, BriteCore employs key strategies to stand out among its rivals. Below are a few differentiating factors that give BriteCore a competitive edge:
- Technology Leader. BriteCore claims its tech stack is decades ahead of its competitors’. Built with modern technologies such as Docker, AWS, and Python, the software is nimble and responsive. The platform is also fully accessible via API, opening an endless number of possibilities.
- Ongoing Innovation. BriteCore is committed to ongoing innovation, making it the last system clients will ever need to purchase. As part of its upgrade path, offered at no additional cost to customers, the company is replacing its current product with a new suite of microservices, expanding the possibilities for current and future carriers.
- Dedicated Resources. BriteCore understands every facet of its clients’ operations and invests heavily in the education, resources, and tooling required for producing consistent successful outcomes.
- True Monthly SaaS Subscription Model. BriteCore is a web service, funded by a monthly subscription fee, hosting fee, and optional services retainer. The SaaS model replaces large capital expenditures with a smooth monthly operating expense that reduces the barrier to entry and replaces costly upgrades with continuous software releases.