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Horizon Systems Selects InRule Technology® to Empower Small- to Mid-Size Insurers with Faster, More Effective DecisionsHorizon Systems and Services, a proven provider of end-to-end P&C administration solutions to small- to mid-size carriers, today announced that it has selected InRule Technology®'s business rules management system (BRMS) as the decisioning solution within Horizon's ALL*Points policy and claims administration solution. Small- to mid-size insurers face the same business challenges as their larger counterparts - scarcity of skilled resources, the desire for modernization and transformation, and the need to be nimble and continuously responsive to industry markets, agents, and insureds. By incorporating InRule® into its offering, Horizon enables enterprise-wide business rules to be easily defined and maintained for all key core functional areas supported by Horizon's ALL*Points system including policy, rating, underwriting, claims, billing, reinsurance, documents, third party data integration, etc. InRule allows technical and non-technical users to write and manage rules and calculations in applications without programming and creates transparency into business logic by centralizingit outside of application code. By embedding InRule into ALL*Points, Horizon's existing and future insurance clients have an affordable approach to enjoy the flexibility in business workflow design and business rule authoring previously only available to larger insurers. These enhanced capabilities are currently being delivered to new Horizon customers and are made available to existing Horizon customers through an upgrade program. According to Kurt Kwekkeboom, CEO of Horizon Systems and Services, "By incorporating InRule into ALL*Points we are able to provide our customers with a remarkably easy, powerful and cost-effective approach to create and manage business rules. By replacing traditional programming with user configurable rules, our clients gain the advantage of improved business agility, efficiency in managing complex business decisions, and the ability to most effectively respond to continuous market changes. Our clients have already seen real business benefits from the ALL*Points system, and adding capabilities provided by InRule gives them a significant competitive advantage." InRule Technology President and COO Rik Chomko added, "Organizations of all sizes are seeking the benefits of building configurability into their applications and we are pleased to play a key role in enhancing Horizon's ALL*Points policy and claims administration solution with this capability. Providing business users with ability to write and manage rules without the need for complex code modifications introduces a wealth of new opportunities for smaller insurers to seize a competitive advantage and establish and maintain leadership positions in their target markets." About InRule Technology InRule Technology® enables organizations to make faster, more effective decisions by reducing change cycles and automating business rules. IT and business personnel use InRule's Business Rules Management System (BRMS) to easily put Policy into PracticeTM, increase productivity, grow revenues and improve customer service. More than 300 members of the InRule User Community in 21 countries rely on InRule's 'no-coding' rules engine to reduce development and change cycles by up to 90 percent for their core systems and customer-facing applications. InRule Technology is a Microsoft (News - Alert) Certified Gold Partner and has been delivering significant and measurable business and IT results to customers since 2002. For more information visit www.inrule.com. About Horizon Systems and Services Horizon Systems and Services provides modern core systems software to the P&C market. It's ALL*Points system is designed to support the full back office operations of a small to medium-sized insurer. Founded in 2002 by a group of investors and employees who had extensive previous experience in the insurance software industry, Horizon Systems leverages modern Microsoft technology to build a highly-configurable, fully functional product that has delivered real value to more than a dozen insurance companies. Horizon's objective is to provide the small to medium-sized insurer the processes, tools and technologies they need to compete against larger carriers.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150819005024/en/ |
