Insurance-in-a-Box

Tietoevry Insurance-in-a-box (iiB) for Life, Non-life and Health insurers

Insurance In a Box is an open ecosystem enabling modular platform solutions designed to address the needs of modern insurance companies.

For insurance companies to fast launch new products for the market, Insurance In a Box uses Software-as-a-Service (SaaS) implementation (paying only for ready-made insurance components you choose) and leveraging cloud offerings, enabling fast-track modernisation and transformation journey.

Our partnerships with cutting-edge providers ensure quality and up-to-date technology throughout all features. We support all lines of Insurance for general, life, health and pension with solutions featuring

• Product configuration
• Sales & Underwriting
• Policy Management
• Claims
• Billing & Collection
• Customer front end applications
• Chatbot
• Business intelligence
• Correspondence
• Regulatory compliance such as GDPR, Sanctions, Protected ID

• SaaS based - CAPEX to OPEX
• Speed - Go-to-market in 4 months
• Freedom of choice - White-label, Omni-channel UX
• Cost Efficiency - Plugin & Plug-out, Try Fast – Fail Fast
• Scalable - Prepackaged & modular solution
• Business Continuity - Best-in-class ecosystem partners

• Technology Integration capability of the Insurance-in-a-Box platform ensures that the business can leverage existing as well as new techno-commercial possibilities
• The cloud agnostic SaaS-ified approach of Insurance-in-a-Box allows business continuity by providing nonbinding infra possibility and still leverages the best of tech availability.
• Modern solution built in a modular manner offers value for money where insurer can choose the modules to use and only pay for such usage
• Integration layer and iiB APIs –All IIB functionalities are published through API Management as REST APIs towards IIB own channels and for customer’s own channels and other solutions. These REST APIs are documented with OpenAPI specification. For integrations towards other systems IIB supports multiple integration methods like APIs, SOAP service calls, webhooks, events, files, message queues.
• Open ecosystem approach Insurance-in-a-Box is designed to work in a modular manner supporting the business needs of the Insurer. With Back-2-Back agreements that Tietoevry has with its partners, insurer stands de-risked. This also allows insurer to pick-choose-discard the solutions accelerators as per business need.
• With Tietoevry investing in the SaaS platform, insurer is guaranteed the latest and the greatest tech and business innovation infrastructure in the insurance space.
• Non rigid flexible engagement models that support onsite, offsite, hybrid or a combination of all provides sustained and close engagement throughout the value chain.