No-code. No hassle. No nonsense.
Know OWIT Global.

OWIT Global no-code microservices are wholly designed for the insurance industry

A team of insurance technology experts came together in 2018 to provide the insurance industry with a fresh and much-needed option for extending legacy investments and getting new solutions to market. This team did not want to be another “me too” offering and landed on insurance-specific, no-code microservices.

Features

Features:

Benefits

Benefits:

  • Drag and drop (onto a canvas)
  • Quick learning curve
  • Intuitive user experience
    (easy to use)
  • Rapid prototyping & delivery
  • Insurance-specific templates
  • Reduce barriers to getting
    projects done
  • Configurable workflows,
    screens and calculations
  • Produce better quality products
  • Drag and drop (onto a canvas)
  • Intuitive user experience
    (easy to use)
  • Insurance-specific templates
  • Configurable workflows,
    screens and calculations
  • Quick learning curve
  • Rapid prototyping & delivery
  • Reduce barriers to getting
    projects done
  • Produce better quality products
Today, OWIT Global provides a catalog of microservices that can fill the technology gaps, extend legacy systems to a digital ecosystem, and solve full solution needs from portals to policy lifecycle.

Microservices—it’s the ONLY thing we do.

Small: Targeted insurance-specific functionality

Reusable: Can be used in current and future projects

Scalable: Performant to support volumes of users and transactions

Replaceable: No need to replace an entire system; can replace an individual piece

From Insurance Portal:

  • User Experience Service, Rules Service, Integration Service
  • Provide a single view into disparate back end systems
  • Support for various user experiences, look and feel

To Point of Sale:

  • Add the Rating Service and Document Service
  • Submission management, rating and document delivery
  • Integration with 3rd parties and back end systems for administration

To Policy Lifecycle:

  • Add transactional services such as endorsements, special endorsements, audits, cancel/reinstate and renewals
  • Full policy lifecycle support
  • Integration with 3rd parties and back end systems for additional needs

Pain Point:

Solution:

3rd Party Integration
Management

Integration Service that becomes a hub for all integrations. Ability to configure exchanged data elements and apply rules

Bordereaux Management

A series of microservices that solve the ingestion, cleansing, logging, correction, mapping, and exportation of Bordereaux files

Competing with
Insurtech Offerings

Leveraging microservices to connect to additional eco-systems to provide insurance products in real-time

Fighting the Huge
IT Queue

Through a no-code toolset, insurance processing can be configured, tested and delivered by the business user

OWIT Global (OWIT) is an insurance technology company specializing in solutions built on a unique suite of reusable, insurance-specific microservices.
OWIT’s solutions include:
• Bordereaux and Binder Management
• Business to Business/Consumer Portals
• User and Point of Sale Portals
• Rating
• Document-lite Generation
• Insurance Data Transformation
• Policy Lifecycle
OWIT’s solutions can be deployed standalone or integrated with a Broker’s, Carrier’s, or MGA’s existing environment to maximize investments.

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