Sun and its technology partners unveiled an insurance
provider dot-com strategy to address insurance industry
requirements for the future. Sun's partners are demonstrating
e-business applications, policy management solutions, and IAA
solutions based on this new strategy.
"Sun has a proven track record in core financial services areas,
and as insurance companies increasingly compete with or converge
with other financial services segments, these organizations are
turning to Sun to dot-com their organizations quickly, safely, and
profitably," said Murtz Kizilbash, insurance manager, Sun
Microsystems. "Sun is offering a complete, end-to-end approach
based on years of experience taking startups and mature companies
alike from dot-com vision to dot-com deployment for real
competitive advantage."
Insurance companies continue to look for innovative ways to link
up with providers, payers, suppliers, and consumers, at the same
time, becoming more responsive to the needs of customers. Sun is
paving the way for these organizations to adopt a dot-com
strategy by providing a technology infrastructure built on
SunConnect. This technology makes it possible for companies
to move information from proprietary legacy environments into a
seamless, Web-enabled dot-com environment. It means applying
Internet standards and cross-platform technologies all through an
organization, connecting the systems into a highly adaptable
network for delivering integrated, next-generation solutions. The
result is an organization that moves quickly, is more flexible,
has better access to information, and ultimately is more
competitive.
Sun helps insurance companies address the critical areas of
e-Information, e-Process, e-Payment, and e-Community to help them
become e-insurance providers.
- e-Information means using cross-platform dot-com technologies
to access all the information on customers and making it
accessible to agents. With e-Information solutions in place,
agents are equipped to provide immediate, knowledgeable service
to increase customer satisfaction. At the same time, Web-based
customer solutions empower customers to take advantage of
self-service options.
- e-Process means straight-through processing to meet the demand
for new integrated services. With Java technology-based
e-Process components, information captured on the front lines is
immediately disseminated straight through to the back office
where it is available to the entire enterprise. Product and
customer information is easily accessible to agents and payers in
real time regardless of the underlying platform.
- e-Payment means online solutions for streamlining the claims
process. To improve claims processes that are too complicated and
cumbersome for customers, agents, brokers, and back-offices
alike, e-Payment incorporates state-of-the-art billing and
payment solutions to automate the entire process, enabling agents
to enter information once. The information moves quickly through
the system, and adjusters can make a quick resolution to the
claim and provide customers with the payment they deserve.
- e-Community means coming together to minimize risk. e-Community
makes risk manageable by enabling insurance companies to share
information across multiple organizations, regardless of format,
platform, or the kind of access devices employed.
Sun, working with top technology allies, is driving the dot-com
movement with the SunConnect architecture for insurance
providers.
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