Solartis Platform

The Solartis Platform, developed by Solartis, is a suite of components designed to support insurance policy administration activities. It is targeted at various companies, including insurers, insurtech startups, and managing general agents (MGAs). According to the vendor, professionals and industries such as insurance companies, insurtech startups, managing general agents (MGAs), insurance brokers/agents, and program administrators rely on the Solartis Platform to streamline their insurance policy administration processes.

Key Features

According to the vendor, the Solartis Platform offers a fully configurable policy administration platform that can be tailored to meet the specific needs of insurance companies, insurtech startups, and managing general agents (MGAs). This flexibility is said to allow for efficient policy administration processes.

The Solartis Platform is built on microservice architecture, which, according to the vendor, ensures scalability and modularity. This architecture is claimed to enable seamless integration with other systems and applications, providing a robust foundation for policy administration.

The Solartis Platform supports the full policy life cycle process for all property and casualty (P&C) personal and commercial lines of business, according to the vendor. From policy creation to renewal and cancellation, the platform is said to cover every stage of policy administration.

According to the vendor, the Solartis Platform offers over 100 transaction microservices, which streamline processes such as underwriting, endorsements, renewals, cancellations, and more.

The Solartis Platform provides rating microservices that automate coverage and premium calculations, according to the vendor. This feature is claimed to ensure accurate and efficient rating processes, saving time and reducing errors.

According to the vendor, the Solartis Platform includes document generation microservices that simplify the production of policy documents. These microservices are said to enable the creation of customized, professional-looking policy documents with ease.

The Solartis Platform supports metadata microservices for UI/UX page and attribute rendering, according to the vendor. This feature is claimed to allow for easy management and customization of user interfaces, enhancing the overall user experience.

According to the vendor, the Solartis Platform utilizes the Solartis Builder for insurance product configuration and maintenance. This tool is said to empower users to configure and maintain insurance products without the need for extensive technical knowledge or coding skills.

The Solartis Platform offers different delivery models, including Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Risk-as-a-Service (RaaS), according to the vendor. This flexibility allows companies to choose the delivery model that best suits their needs and resources.