We had the occasion recently to view a competitor’s policy and claims management software. We’ve seen demos of many of our competitors, either at trade shows or courtesy of prospects, but nothing particularly in depth. This respected industry vendor’s software was web-based and had full functionality. (It came as no surprise that the vendor has
For as long as we have been in the insurance industry (which, for the record, predates the widespread adoption of the personal computer), a common goal of every insurance company has been to ‘improve efficiency’. Certainly every insurance software system on the market today should have all the features expected to increase efficiency in the
Megalodon Insurance Systems is excited to exhibit at the National Association of Mutual Insurance Companies 121st Annual Convention, September 26 – 27, 2016 in beautiful Vancouver, British Columbia, Canada. Megalodon will be one of a limited number of exhibitors chosen to speak to attendees seeking “Perfectly Scalable” solutions at 8:15am on Monday, September 26. The
Insurance systems – particularly policy and claims administration software systems – are born from a perspective. Some systems’ initial perspective was transactional, which typically meant the accountants wanted to make sure their reports were accurate. Many systems were document-oriented, focused on making sure policies, invoices and other records were both produced accurately and easily retrievable.
A colleague and I exhibited at the recent Insurance Accounting and Systems Association (IASA) annual conference, and I couldn’t help but remark about the simplicity of our trade show exhibit: pull a few pins, and the wall-size display folded into a neat bundle that dropped into a perfectly sized travel bag. Complex engineering, simple to
Megalodon Insurance Systems is excited to be in San Antonio this week at IASA to offer a first look at the new software to conference attendees. In a recent press release, Megalodon founder and CEO, Bill Montei, said “Megalodon’s mission is to provide captive managers, risk retention groups and small to mid-size insurers with industry
Differentiating a New Insurance Software Company What, another insurance software company? Aren’t there already over 200 software companies doing stuff for the insurance industry? Aren’t we going to be doing the same thing, just wrapped up in different packaging? Yes, yes, and yes*. There are a lot of companies in Megalodon’s space. Some do a