InHub Product Overview
InHub, developed by Charles Taylor InsureTech Limited, is a sophisticated, cloud-native, and API-driven technological solution specifically designed for the insurance industry. Here’s a detailed look at what InHub does and its key features:
What InHub Does
InHub is designed to consolidate and integrate various technology and services into a single, unified platform. This integration enables insurance companies to deliver comprehensive, end-to-end customer experiences while maintaining compatibility with existing legacy systems and services. The platform aims to enhance digital agility, performance, and operational efficiency within the insurance sector.Key Features and Functionality
Digital Agility
InHub offers unparalleled digital agility, allowing insurance companies to swiftly adapt to changing market dynamics and customer needs. This is achieved through seamless digital integration, enabling businesses to stay ahead in their digital transformation journey.Performance and Capabilities
The platform is engineered to handle complex insurance processes with unmatched performance and robust capabilities. It is designed to deliver optimal results, even in high-demand scenarios, ensuring that insurance operations are managed efficiently.Cost Savings and Speed
InHub streamlines insurance operations, resulting in significant cost savings and remarkable speed. This streamlined approach enhances overall efficiency across the board, reducing excessive costs and lengthy processing times.Governance and Synergy
The platform benefits from a robust governance framework that ensures compliance and accountability. It fosters synergy among various stakeholders, promoting collaborative decision-making and maximizing operational efficiency.Secure Evolution
Security is a top priority in InHub. The platform provides advanced security measures to safeguard data and infrastructure against evolving threats, ensuring peace of mind as businesses grow.Autonomy
InHub empowers insurance companies with unprecedented autonomy, allowing them to customize and scale operations according to their unique requirements. This freedom enables innovation and growth within the organization.Key Functionalities
- SaaS Platform: InHub is a Software as a Service (SaaS) platform, offering flexibility and scalability.
- Cloud Native: The platform is built using cloud-native components, allowing deployment in multiple clouds as well as on-premise environments.
- APIfied and Multi-tenant: InHub is API-driven and multi-tenant, facilitating seamless integration with other systems and services.
- Digital Capability: Includes digital capability for integrating all existing functionalities through digital experiences, utilizing micro frontends in REACT and customized portals.
- Document Management System (DMS): Introduces a new DMS along with a modern and user-friendly front end for the KCenter software, featuring native integration with Office365.
- Product Engine: Enables the configuration of product rates across various subscriptions and environments.
- Marketplace: Offers a marketplace of best-in-class insurance solutions, integrating products and services. It includes over 90 available payment methods, Open Twins, and integration with a leading artificial intelligence fraud prevention engine.