- The New Website posted Thursday, May 20, 2010
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- Aon Benfield, FAConnect & a Rapid Response to a Market Need posted Friday, April 30, 2010
Open Box+
Because nothing counts more than experience
Open Box+ is Sword Intech’s flagship insurance application for the London Insurance Market and is the culmination of over 40 years’ experience supporting Lloyd’s, London companies market as well as insurers internationally. With an established client base, Open Box+ offers a comprehensive solution for any class of domestic or multi-national insurance business.
Open Box+ combines established insurance functionality with Sword Intech’s latest development technology, this enables us to create a solution built around your business processes. This not only reduces the risks associated with traditional, design, develop, test, refine, test, deploy methodology, it also means that we view the systems design from a business perspective rather than a technology one.
Features and benefits of Open Box+ include:
Single Platform Solution.
Open Box+ provides a comprehensive, enterprise-wide solution for global underwriting, accounts & claims. Where required, it can be deployed to support both domestic and international, multi-company operations with comprehensive multi-currency processing and local language capabilities. Your entire organisation can benefit from the efficiencies delivered by our integrated, functionally rich single platform application.
Business Agility
The technology inherent in Open Box+ ensures that your organisation can quickly adapt to changing market demands and business opportunities. Open Box+ provides unparalleled flexibility without compromising on the advantages and dependability provided by a packaged solution. Your business processes sit at the heart of the solution ensuring a perfect fit with your business requirements.
Multiple Distribution Channels
Open Box+ allows you to support all of your distribution channels through a single application, enabling different views to be created for a single process to reflect the role of the user.
So whether you operate through brokers and agents, delegate authorities, binders, or direct (including on-line and telesales), Open Box+ supports your entire quotation, underwriting and policy administration process.
New Revenue Streams
The ability to design and launch new products and services quickly and easily is an inherent feature of Open Box +, enabling you to respond rapidly to changing market opportunities.
The user interfaces, business processes and functions associated with these products can be configured in “real time,” either by adapting existing screens or by creating new ones. This is achieved without compromising the integrity of your business processes, ensuring compliance with your underwriting guidelines and peer review criteria.
Comprehensive Functionality
Open Box+ provides comprehensive insurance functionality to support your entire underwriting and policy administration process. This feature-rich solution is further enhanced by our ability to integrate your core business applications with other systems.
We recognize the advantages that close integration with your trading partners, market organisations and standards bodies can deliver. Open Box+ employs industry standard integration protocols and can support an extensive range of real time and scheduled data process interfaces.
Business Process Management
Insurance organisations today are facing increasing pressure to respond to rapidly changing business opportunities while maintaining cost efficiencies and facilitating increases in productivity. As a leading supplier of systems to some of the worlds' major insurance organisations, Sword Intech recognises the need to deliver highly agile IT systems that can adapt quickly to changing business processes.
It is these issues that have been the drivers behind the design of Open Box+ ensuring that the inherent flexibility in the application allows you to maintain highly efficient business processes; best practice procedures and operational agility without sacrificing any of the functional richness.
Low Risk
Open Box+ is just one in a proven line of insurance applications that have established Sword Intech as one of the leading suppliers to the London Insurance Market.
Our "package" approach to the maintenance and enhancement of the product, our active user group and the comfort that you are implementing a solution that has been deployed at over 30 companies in the London Market ensures that Open Box+ remains the solution of choice for today's insurance organisations.
Investment Protection
Sword Intech makes significant investment in our products and services and looks to implement a continual improvement process throughout our business. We seek to exploit the latest technology developments and apply these prudently to the benefit of our customers. Our active user group ensures that our products continue to evolve in line with key business drivers and maintain their position at the forefront of insurance software applications.
Your investment in securing Open Box+ ensures you have the best product for your business and through migration to new versions of the application can avoid the costs, risks and disruption of a full replacement project.