- Announcing Sword Insurance posted Friday, July 2, 2010
- 40 years of new client installations and counting posted Wednesday, June 23, 2010
- The insurance industry by the numbers posted Friday, December 4, 2009
Open Co+
Make your Back End a Frontrunner.
Flexibility. Configurability. Speed. They're virtually non-existent features in the world of policy administration systems. Unless you're in our world. Sword Intech offers the industry's most comprehensive, configurable and feature-rich set of policy administration solutions, designed for both the standard processes of specialty and reinsurance P&C companies in the US and the unique aspects of the London Market.
Open Co+, our lead product for North America, features built-in accounting, underwriting and claims processing functionality, giving you the choice to process your business with one platform or the flexibility to select a la carte if you're simply looking to round out your environment. Designed with the belief that an insurance company should not have to employ an army of developers to implement software, Open Co+ is entirely configurable. Featuring a robust rules capability and a toolkit approach to development, it's no wonder Open Co+ is chosen by leading insurers and reinsurers to respond quickly and effectively in today's competitive landscape.
Single platform solution.
Open Co+ provides a comprehensive, enterprise-wide solution that can process all aspects of insurance processing: policy administration, claims, billing and reinsurance. It can support multi-company operations—both domestic and international—with comprehensive multi-currency processing and local language capabilities. Your entire organization can benefit from the efficiencies delivered by a fully integrated, functionally rich application.
Business agility and flexibility.
By combining the pre-built content from over 35 implementations with a deep reservoir of features and functionality, Open Co+ has all you need to get your business up and running quickly. The highly configurable front end allows excess and surplus (E&S) and specialty lines carriers to write business on a diverse range of risks with a single system. Open Co+ provides unparalleled flexibility without compromising the advantages and dependability provided by a package solution.
Easy integration.
We recognize the importance of being able to easily integrate with other internal systems such as general ledgers or other core business applications. Open Co+ employs industry-standard integration protocols, and can support an extensive range of real time and scheduled data process interfaces. Open Co+ also integrates with portal technology (including the market leader Sword AgencyPort), third parties like eReinsure, and directly with your trading partners.