CodeObjects announces the introduction of its InsuranceEnterprise offering, an insurance processing management solution running in the cloud and available via Software as a Service (SaaS). InsuranceEnterprise offers policy, claims, billing, and rating components and has the capabilities to address ancillary functions and systems required for end-to-end insurance processing.

A carrier's business user can configure products, rates, rules, and documents to go live in less than 90 days because InsuranceEnterprise is available in the cloud. Carriers get the full suite of functionality without the licensing fees of traditional software models. InsuranceEnterprise is available with consumption-based pricing calculated on direct written premium; making the CodeObjects.

"This latest product release from CodeObjects is a big deal for the industry," says Deb Smallwood, founder of Strategy Meets Action. "InsuranceEnterprise is one of the first SaaS core systems offerings that is SOA based. This provides agility and flexibility that will set a new bar for speed to market."

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