Innoveo offers a next-generation insurance platform designed to help carriers accelerate innovation, improve underwriting precision, and drive faster, smarter insurance decisions through AI-powered automation. Global and regional insurance enterprises trust Innoveo's solutions to drive growth and simplify their business, emphasizing agility, scale, speed, and flexibility. The platform enables collaborative underwriting workflows with automated data intake and third-party integrations. It also provides policy administration with configurable workflows for efficient lifecycle management, and streamlines claims processing with intelligent document intake and omni-channel communication. Solutions and applications are built rapidly using modular components and pre-built accelerators for faster time to market. Innoveo highlights benefits such as faster time to market for specialty products, configurable and flexible enterprise-wide productivity, elevated user experience with modern UI/UX and AI capabilities, and real-time integrations for data consistency and automated submissions intake with AI-powered data extraction. By the numbers, Innoveo has processed over 1 billion transactions, achieved a 40% reduction in time to market, is used by over 30 global enterprises, and has reduced manual effort by 60% through process automation.

Features & Benefits

• AI-Powered Automation: Drives smarter insurance decisions and improves underwriting precision.
• Configurable SaaS Platform: Enables rapid development of insurance solutions with modular components and pre-built accelerators.
• Underwriting Solutions: Facilitates collaborative underwriting with automated data intake and third-party integrations.
• Policy Administration: Manages the entire policy lifecycle with configurable workflows.
• Claims Processing: Streamlines claims with intelligent document intake and omni-channel communication.
• Real-Time Integrations: Ensures data consistency and faster decisions through seamless connectivity.