ClarionDoor: proven cloud technologies for digital insurance distribution

ClarionDoor: proven cloud technologies for digital insurance distribution

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on 1 May, 2019

ClarionDoor provides digital insurance solutions for rating, quoting, forms, and issuance to insurance organizations for all lines of business and geographies. ClarionDoor’s Digital Distribution Suite is built on cloud technologies, industry standards, an API first approach, and a software-as-a-service (SaaS) delivery model, enabling businesses to quickly streamline their rate, quote, bind, and issue processes while automating distribution across all their channels and partnerships.

Most insurance companies struggle with product innovation and making those products available to their distribution channels. In most cases, it takes months to get through the analysis of one product change and if it doesn’t yield the desired results, they have to start all over again from scratch. ClarionDoor’s Digital Distribution Suite has an API-First approach which allows insurers to not only build their products more effectively, they can automate the analytic process as well as the distribution process which eliminates excessive rework.

ClarionDoor was recognized as one of the Top 10 Insurtech Startups of 2018 by Insurance CIO Outlook. The startup already does business with both the world’s largest insurers (AIG, Munich Re, AXA) and new startup insurers (Branch, Assurely). They are in production in 4 countries (US, UK, Australia and New Zealand).



API first approach
The ClarionDoor’s cloud-native Digital Distribution Suite uses an API first approach where every insurance product update is made available instantly to all distribution channels. No special coding or programming required. No infrastructure to manage. No special software to install. Just update insurance products, create the release, and deploy to production. The dynamically generated APIs for that release is all the distribution channels need to connect with product updates. ClarionDoor’s Digital Distribution Suite has enabled companies to expand partnerships and grow their business.

The ClarionDoor way makes it possible within their easy to use & easy to manage software, enabling the business to try new ideas, setup new partnerships, and keep up with the pace of innovation, all within weeks & without IT resources.

How it works
The ClarionDoor platform turns rating algorithms and/or forms logic into a suite of easy-to-use web services for rating, forms, and issuance. All of these are available with an optional, easy-to-use portal user interface for end users. External data calls to and from other systems can be configured at any point in the process. The full life cycle of business, from configuration, to testing, to release deployments, to transactional monitoring are all fully managed within the CD Admin user interface.



Why we selected ClarionDoor for DIA Amsterdam

ClarionDoor personifies “Innovation Multiplied” by being designed to continuously launch new product ideas, capitalize on new data sources, and integrate new partners, all within its platform.

At DIA Amsterdam Michael DeGusta (CEO) and Spiro Skias (Director of Product Marketing) will be presenting and demonstrating the process of automating innovation and digital distribution through ClarionDoor’s Digital Distribution Suite, focusing on insurance product innovation and ease of publishing to all distribution channels.

After successfully serving the US, Australia, and New Zealand, DIA 2019 represents ClarionDoor’s formal launch into the European market, with is first UK customer now in production.

Who is ClarionDoor?
ClarionDoor was founded in 2010 by Rob Motaghedi (VP of Operations), Curtis Corliss (Chief Technology Officer), and Michael DeGusta (Chief Executive Officer). With a home office in Santa Barbara, CA and a satellite office in Philadelphia, PA, ClarionDoor currently services insurance companies in Australia, New Zealand, United States, and United Kingdom.

”When ClarionDoor was founded, its mission was simple – design and develop the best products, utilize sensible processes that really work, and invest in the best people.” ClarionDoor CEO, Michael DeGusta

 

ClarionDoor CEO Michael DeGusta left and Spiro Skias, Director of Product Marketing at the right.

https://clariondoor.com/

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