Principal's CIO for Individual disability insurance describes the business drivers and technology behind its new IDI platform

If you could start over, knowing what you know today, what would your life look like? Where would you live? How would you spend your time and money, and with whom?

We are pleased to announce that  EIS Group received the highest score in two of five use cases in Gartner’s 2019 Critical Capabilities for Life Insurance Policy Administration Systems, North America report.¹ In its first year of recognition in the report, EIS Group was assessed as one of 12 vendors, and received two of the highest use case scores, one second highest score and a third highest score.

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EIS Group now offers insurers the industry's largest number of core-connected digital APIs in an open architecture to drive digital experience and integration

As insurers learn to adapt to the digital age, the supporting technologies continue to evolve. The ground we are building on is shifting because computing itself is changing, and a new era of computing is upon us.

DevOps provides agility and less disruption from transformation and upgrades

2017 has been a heady year for insurance technology. The widespread embrace of new digital experience solutions, the explosion of interest in AI, and the rapid absorption of new insurtech by mainstream insurers have helped provide extra momentum. It has brought into sharp relief the inextricable relationship between systems of record and systems of engagement and the need for platforms that foster that relationship. Creating just such a platform has been at the heart of EIS Group’s technology approach. For this reason, it is hugely gratifying to find ourselves recognized as a Visionary in Gartner’s “Magic Quadrant for P&C Core Platforms, North America”*, which is “an update of the ‘Magic Quadrant for Property and Casualty Insurance Policy Management Modules, North America’ published in January 2016."

Few would dispute that in the long history of insurance there has been a disruption in the fundamental process around how carriers acquire, service and maintain their client base that comes anywhere close to the scale we are experiencing today. Insurer business units and their colleagues in IT operations and system development need ways to respond to the challenge. None wish to be caught holding stone chisels in a digital world.