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IBM Insurance Application Architecture
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Flexible applications across your enterprise
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By using the IBM Insurance Application Architecture (IAA), you can develop corporate standards that business and IT can use to implement key strategic insurance initiatives faster and more reliably. Our process-based approach can help you reduce redundant processes while drawing a roadmap to business transformation.
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A framework for insurance transformation
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IBM IAA marries IT to business strategy, providing a collection of more than 200 business processes and 700 individual business activities that represent insurance industry-wide best practices.
The solution drills down into individual business components and identifies activities that occur in multiple areas. It connects the pieces in a rational framework, painting an organizational picture that shows how all the processes can be supported—perhaps even cost-effectively automated—by IT.
Together IBM IAA running on a service-oriented modeling architecture provides an insurance company with a toolkit to identify a better, faster, more cost effective way of doing business. The solution models point the way to application design and development capability across business components, and offer deployment options that support a variety of technology standards.
In addition, IBM IAA integrates with IBM’s Component Business Model, used for business re-engineering.
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Effective and efficient insurance operations
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IBM IAA can help make your organization’s transformation process effective and cost-efficient. Benefits derived from our comprehensive solution can include: -
Faster time-to-market with more innovative products through the increase in collaboration across departmental boundaries.
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More frequent product introductions as a result of faster application integrations.
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Straight-through processing, reducing the time it takes to make underwriting decisions and issue policies.
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Access to virtual real-time, up-to-date information by producers and call center staff, making your organization easy to do business with.
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More knowledgeable and efficient service from internal to external customers.
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