Eis Group
An Insurance Solution for a Changing Market

The insurance industry is facing radical changes driven by the convergence of business and technology forces fueled by innovation. Consequently, new and emerging technologies that enable greater information sharing and collaboration have shattered the barriers that is inherent to traditional processing, making it more critical for customers, vendors and professionals to work collaboratively in processing insurance seamlessly. Today, insurance companies need to become more customer-focused, nimble, and increasingly knowledge-rich. “The number-one priority for insurance carriers today is profitable growth and one of the most effective ways to enable this is through the use of innovative technologies,” states Alec Miloslavsky, CEO, EIS Group. The right software choice is more important than ever as processing has become increasingly complex, time sensitive, and data dependent. To help insurers judiciously determine which technologies are worth the investment, California-based EIS Group, offers a feature-rich, modular suite of end-to-end core solutions to help them achieve outcomes that matter—revenue growth, cost efficiency, market and channel expansion.

The EIS Suite from EIS Group is a set of insurance software applications which include PolicyCore, BillingCore, ClaimCore, and CustomerCore systems. These systems are integrated within a robust, service-oriented software platform that provides the foundational technology and essential functionality required to enable rapid implementation of solutions and modernizes all core insurance operations. The core systems can be implemented individually or together with seamless integration. Besides, the comprehensive business functionality, innovative design and embedded capabilities—including Business Process Management (BPM), document generation, content management, Customer Relationship Management (CRM), business activity measurement, and analytics enable insurers of all sizes to increasedistribution channel productivity, while reducing operational expense. “Our EIS insurance solution is based on a modern, services-oriented architecture using open technology standards,” says Miloslavsky.

Our EIS insurance solution is based on a modern, services-oriented architecture using open technology standards

“It relieves insurers from the maintenance of heavily customized and proprietary systems while providing flexibility and agility that accelerates time-to-market and responsiveness.”

Additionally, EIS Suite is based on acustomer-centered model and is designed to deliver a 360 degree view of the customers. “The EIS Suite insurance software solution lets customers take charge of the changes in the voluntary, group, and worksite benefits marketplace,” says Miloslavsky. Essentially, the software enables the full policy lifecycle on a single modern and open IT platform.

“We strive to provide better insurance experience to companies and their customers,” affirms Miloslavsky. EIS Group has efficiently engineered its core insurance software for delivering products customers want, when and where they want them, while driving operational efficiency and cost reduction. In an implementation highlight, EIS Group helped one of its clients, IAAH,to deploy a modern, customer-centric, andeasy-to-configure core system replacement that included a full implementation of the EIS Suite. IAAH successfully executed a legacy core system replacement with no disruption to business operations using the software system for underwriting, policy administration, billing, claims, and customer management. Through successful system deployment, IAAH received significant benefits—rapid speed-to-market implementation, simultaneous product rollout, and accelerated migration of existing book of business. “The keys to our success have been the comprehensive business capabilities and flexible design of EIS Suite and the dedication of the implementation team,” states Sophie Duval, VP Support and Governance, IAAH.

With a commitment to help customers get the best possible business value on their IT investment, EIS Group is focused on offering the industry’s most complete, integrated set of core capabilities, and component solutions. Setting a goal to help companies compete and thrive in the insurance sector, “we will remain steadfast in delivering great technology, insurance business processes, and solution delivery,” concludes Miloslavsky.