What is Fadata?
Fadata offers the INSIS platform, a comprehensive insurance software solution that leverages artificial intelligence to streamline operations across life, pensions, health, and general insurance lines. The platform includes modules for policy administration, claims management, billing, people management, and reinsurance. It supports multi-country and multi-company deployments, enabling insurers to operate efficiently with a single codebase. Fadata's cloud-enabled SaaS model ensures cost-effective onboarding and scalability.
With over 30 years of industry experience, Fadata helps insurers transform rigid processes into agile workflows. The platform is designed to improve customer experience, reduce time-to-market, and simplify data management. Fadata also provides an AI Knowledge Assistant that offers instant, version-aware answers to configuration and operational questions, reducing reliance on specialists and accelerating delivery.
Features
- Policy Administration: Manage policies across life, health, and general insurance with integrated workflows.
- Claims Management: Streamline claims handling with automated processes and AI-driven insights.
- Billings & Collections: Automate invoicing and payment collections with flexible premium and tax handling.
- People Management: Manage agents, brokers, and customers with a centralized people management module.
- Reinsurance Management: Support for ceded and assumed reinsurance processes.
- AI Knowledge Assistant: Get instant, version-aware answers to configuration and operational questions.
- Multi-Country & Multi-Company: Operate across multiple countries and entities with a single codebase.
- Cloud-Enabled SaaS: Deploy on cloud with scalable, no-touch infrastructure and minimal IT costs.
- Open APIs: Integrate with an ecosystem of partners via open APIs for embedded insurance and portals.
Use Cases
- Insurance policy administration and management for life, health, and general lines.
- Claims processing automation for insurers.
- Billing and collections management for insurance companies.
- Reinsurance management for ceding and assuming companies.
- Multi-country insurance operations with single platform.
- Digital transformation of legacy insurance processes.
FAQs
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What is INSIS?
INSIS is Fadata's core insurance software platform that manages policy administration, claims, billing, people, and reinsurance for life, health, and general insurance lines. -
Does Fadata offer cloud deployment?
Yes, INSIS is a cloud-enabled SaaS platform, available on AWS and with data sovereignty options in the EU. -
How does Fadata use AI?
Fadata uses AI in its AI Knowledge Assistant to provide instant, version-aware answers to configuration and operational questions, and is integrating AI across the INSIS platform. -
Can INSIS handle multi-country operations?
Yes, INSIS supports multi-country and multi-company operations with a single codebase, including flexible premiums and taxes.
