Insurance Middleware Case Study
The Client
Our client is a renowned name in insurance industry providing innovative insurance solutions for its diverse range of consumers. It collaborates internally and externally for assuring the delivery of highly adaptable insurance solutions that can cater to these multiplicities in requirement.
The Challenge
- The requirement was for a generic solution framework supporting client’s automotive OEM insurance business.
- The proposed solution was to integrate with automotive OEM system via Web-Services and APIs.
- It required configuration of different rules and validations and capable of handling high transaction load.
- The solution was expected to be reliable, scalable, and robust.
- The biggest challenge was to implement and deploy it in a short time span in order to meet the immediate business needs.
The Solution
Binary Semantics did a rigorous requirement analysis/ study of business processes and implemented middleware application which enabled the insurance company to on-board Automotive OEM’s in minimum time span.
Middleware application customized by Binary Semantics interacted with motor insurance system of intermediaries for Real Time Policy Generation, Endorsements and Cancellation
Application architecture was component based and loosely coupled.
The application was made configurable and enabled our client to operate segment wise business with its insurance intermediaries.
Solution supports the following vehicle types:
- Private Car
- Comprehensive
- TP only
- Standalone OD
- Private 2W
- Comprehensive
- TP only
- Standalone OD
- Commercial Vehicle(PCV, GCV, Misc-D)
- Comprehensive
- TP only
Technology/Functions:
- Microsoft.Net Framework 4.8
- SQL Server 2017
- MVC, WEB API
- HTML5, CSS3, Bootstrap Framework- v4.4.1, jQuery
- Microsoft Azure API Managemen
- Azure AD Authentication
- Supports all popular web browsers.
Benefits:
- Faster On-Boarding of Automotive OEM’s
- Minimal Service Request and Problem request.
- Authorization through User Roles
- Enhanced Security achieved through use of Microsoft Azure: API management and Strong Password Encryption
- Easy Maintainability