EIS Suite
UnclaimedModernize insurance operations with a customer-centric, MACH-based core transformation platform.
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TL;DR - EIS Suite
- Modernizes insurance core systems with MACH architecture for agility and scalability.
- Provides comprehensive tooling for rapid product development and UI configuration.
- Enables customer-centric operations, real-time data, and robust security for insurers.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Future-proof architecture ensures long-term adaptability and scalability.
- Accelerates new product development and configuration with intuitive tooling.
- Customer-centric design improves efficiency and personalization.
- Seamless integration with major cloud deployments and third-party solutions.
- Robust security and compliance measures built into the platform.
Cons
- Requires significant organizational change management for adoption.
- Implementation complexity may be high due to comprehensive nature.
Key Features
MACH-based architecture (Microservices, API-first, Cloud-native, Headless)EIS DXP® API middleware for interface management and securityConfiguration Hub for centralized development toolsUI Builder with drag-and-drop functionality and pre-built componentsProduct Studio for rapid configuration of insurance products (coverages, deductibles, underwriting logic)Business rules management with one-click deployment via OpenLBusiness activity monitoring for auditing, security, and complianceEvent-driven workflow management with drag-and-drop interface
Pricing
Paid
EIS Suite offers paid plans. Visit their website for current pricing details.
About EIS Suite
By Toolradar Team·
EIS Platform is a core transformation platform designed for the insurance industry, enabling modern insurance experiences and products. It serves as the foundation of EIS OneSuite, built on leading MACH (Microservices, API-first, Cloud-native, Headless) architecture. This platform facilitates real-time connections and data-sharing while maintaining robust security and compliance, allowing insurers to move beyond outdated systems.
The platform offers complete control over critical insurance processes across all lines of business, boosting efficiency and improving product offerings with a customer-centric approach. It integrates seamlessly with major cloud deployments, databases, and both EIS and third-party coretech solutions. Key capabilities include powerful tooling for accelerated product development, intuitive UI building with drag-and-drop functionality, and comprehensive workflow management. The platform also provides advanced business rules management, activity monitoring for auditing and security, and operational reporting for data-driven insights.
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EIS Suite FAQ
How does EIS Platform's MACH architecture specifically benefit insurance companies compared to traditional core systems?
The MACH architecture provides microservices for modularity, API-first design for seamless integration, cloud-native deployment for scalability and resilience, and a headless front-end option for flexible user experiences. This allows insurers to rapidly innovate, adapt to market changes, and integrate with new technologies much faster than traditional monolithic systems, which are often rigid and slow to update.
Can EIS Platform integrate with existing legacy coretech solutions or is a full replacement required?
EIS Platform is designed for easy integration with both EIS and third-party coretech solutions. It does not necessarily require a full replacement, allowing insurers to modernize incrementally while leveraging existing investments where appropriate. The API middleware, EIS DXP®, facilitates secure information sharing between frontend applications and backend microservices, including those from other systems.
What specific capabilities does Product Studio offer for configuring new insurance products?
Product Studio provides tools to rapidly configure, deploy, and manage insurance products. Users can create essential policy building blocks such as coverages, deductibles, exclusions, underwriting logic, and rating factors more quickly and easily than with traditional methods, streamlining the product development lifecycle.
How does the platform ensure data security and compliance for sensitive insurance information?
EIS Platform deploys multiple best-in-class data security practices. It includes security and activity monitoring features, and its business activity monitoring tracks all user activity across the suite, providing an invaluable tool for auditing, security, and compliance purposes to ensure nothing bad happens to sensitive data.
What kind of users can leverage the workflow management capabilities, and what is the primary benefit?
Both business and technical users can leverage the workflow management capabilities. It allows them to build and manage event-driven workflows for key business processes using a drag-and-drop interface. The primary benefit is enabling informed decision-making and efficient management and adjustment of processes as business needs evolve.
Source: eisgroup.com