Case Study: Major U.S. Insurer Streamlines Policy Management with Innoveo Skye®

Specialty Insurer Streamlines End-to-End Policy Management with Core System Built on the Innoveo Skye® No-Code Platform

Major U.S. Insurer, a newly launched specialty lines carrier in the U.S., needed a flexible way to build a scalable end-to-end policy management platform for its Small Business General Liability product and future specialty lines. After a failed attempt with another vendor, the company turned to Innoveo and its Innoveo Skye® no-code platform to support rapid launch and long-term growth.

Innoveo implemented a full policy administration solution covering submission intake, underwriting, rating, quoting, binding, issuance, endorsements, claims management, reporting, and integrations with systems like SharePoint, PowerBI, SSO, and email. The insurer built and launched the first product in about six months and can now bind and issue a policy in less than a minute, while using fewer resources and gaining the agility to roll out new products faster.