Oracle Insurance

Oracle Insurance is a life insurance management and insurance rating solution that helps businesses streamline processes related to claims management, customer enrollment, underwriting consolidation, policy processing, and more on a centralized platform. With the healthcare insurance module, team members can manage provider contracts, configure enrollment rules, and automate the payment contract models, among other processes. Oracle Insurance's customer acquisition functionality lets staff members create personalized experiences and interactions by utilizing and consolidating data from multiple marketing, sales, advertising, commerce, and service applications. It enables bank professionals to exchange data with insurance carriers, optimizing the entire customer policy management lifecycle, from point of sale and policy servicing to commission reconciliation. Additionally, with the built-in analytics dashboard, employees can conduct what-if scenario analysis to gain visibility into potential issues due to strategic changes and other unexpected events. Oracle Insurance allows organizations to integrate the platform with several third-party solutions. Pricing is available on request and support is extended via email, phone, documentation, FAQs, and other online measures.