Insurance Middle Office :InsureMO is the connectivity and enablement platform for insurers, traditional channels, affinity partners, and FinTech/InsurTech startups. InsureMO

    Overview

    Why a Middle Office Solution?

    Pressure to drive digital insurance is high

    Core system key barrier to digital but replacing them slow and expensive

    Two speed architecture: middle office between core systems and ecosystems; gradually increase middle office functions to reduce core into storage systems

    What is InsureMO PaaS?

    Platform as a Service for global insurance industry, for all lines of businesses and lifecycle enablement

    Cloud native and microservices based to handle massive Volume, Variation, and Velocity

    Not an application but a container of services and API

    Next generation Product Factory, Service Factory, API Factory

    Container based on Docker and Kubernetes

    Basic subscription to InsureMO design tool which is meant for Insurance Product Owners starts from USD1500 per month which starts after a free trial period of 7 days. InsureMO design tools gives you access to our design time engine to design and conceptualize new products, choose from hundreds of pre-defined products, created from tens of thousands of product components - product memos can now be aligned with software design principle. For the guidance and standard of InsureMO Subscription, please refer to the General Terms and Conditions.?

    Highlights

    • Make Insurance Easy
    • Digital insurance is Connected Insurance

    Details

    Delivery method

    Features and programs

    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for any usage exceeds the entitle amount or not covered in the contract. These charges will be applied on top of the contract price. If you choose not to renew or replace your contract before it ends, access to your entitlements will expire.

    1-month contract (10)

     Info
    Dimension
    Description
    Cost/month
    Overage cost
    Band 0 (Only for Design)
    7 days Trail in InsureMO Design Time, Free to use.
    $0.00
    -
    Band 1 (Only for Design)
    Basic subscription to InsureMO design tool
    $1,500.00
    -
    Band 2
    Up to 100,000 USD of GWP for policies processed via InsureMO API
    $3,900.00
    Band 3
    Up to 300,000 USD of GWP for policies processed via InsureMO API
    $5,300.00
    Band 4
    Up to 1,000,000 USD of GWP for policies processed via InsureMO API
    $12,000.00
    Band 5
    Up to 3,000,000 USD of GWP for policies processed via InsureMO API
    $29,000.00
    Band 6
    Up to 5,000,000 USD of GWP for policies processed via InsureMO API
    $42,000.00
    Band 7
    Up to 10,000,000 USD of GWP for policies processed via InsureMO API
    $52,000.00
    Band 8
    Up to 20,000,000 USD of GWP for policies processed via InsureMO API
    $62,000.00
    Band 9
    Up to 30,000,000 USD of GWP for policies processed via InsureMO API
    $68,000.00

    Vendor refund policy

    refunds must be approved by you through the Refund Request Form, and will be processed and issued upon your direction by AWS. Special cases where your approval is not needed exist for the following product types: Pro-rated subscription cancellations Usage-based pricing Free trials

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

     Info

    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

    Support

    Vendor support

    InsureMO is the connectivity and enablement platform for insurers, traditional channels, affinity partners, and FinTech/InsurTech startups. insuremo@ebaotech.com 

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

    Customer reviews

    Ratings and reviews

     Info
    0 ratings
    5 star
    4 star
    3 star
    2 star
    1 star
    0%
    0%
    0%
    0%
    0%
    0 AWS reviews
    |
    1 external reviews
    External reviews are sourced from G2  and are not included in the star rating for this product.
    Ashish J.

    Best Middleware software for claim

    Reviewed on Oct 06, 2024
    Review provided by G2
    What do you like best about the product?
    Unique thing about InsureMO and how it has helped us - It is very flexible in integrating with vast number of interfaces with of different applications across organization and even with third party vendors. Strong Middleware helps us manage our claims system efficiently resulting into faster disbursement. It also helps to provide real time access to all parties.
    What do you dislike about the product?
    While flexible of integration is positive, the time taken for Go live was long and also faced multiple challenges during implementation.
    What problems is the product solving and how is that benefiting you?
    InsureMO has reduced the time required for settling a Claims for our clients.
    View all reviews