CynoSure can operate multiple in-house brands effortlessly from a single code-base

CynoSure
Delivered your way

When launching a new brand or when migrating from an out-dated legacy environment, insurance providers are increasingly looking at alternative strategies to simply bringing it all in-house. Outsourcing operations to a third party frees up the insurer to focus on core business rather than on IT development and support. Innovative software service operations and cloud-based solutions similarly liberate the insurance provider from technology lock-in and provide strong expansion capabilities at minimal risk.

The Freedom Net

With cloud-based operations, the insurer is released from capital tied up in expensive hardware, etc.

CynoSure operates stringent KPI regimes to ensure the highest level of service delivery, and all with a radically lower cost of ownership than doing it all in-house.

Expansions in the service or launching new services abroad traditionally need substantial increases in software and hardware licenses. With a cloud-based SaaS operation, such strategic moves are quicker and cheaper due the improved economies of scale.

Service Clouds

CynoSure is built to operate under a Software-as-a-Service (SaaS) model through private cloud-based infrastructure. Operational hosting is handled by CynoSure’s data centre network.

In the new workplace: we work anywhere.

OutShared offers both the ICT solution and business expertise. Implementation, maintenance and support are covered by OutShared. We have a team of experts available that together have over 100 years international experience in insurance, ICT, setting up greenfield insurers and converting portfolios.

Security & Safe Data

CynoSure imposes the most stringent of security regimes upon all users, customer and administration. End-to-end security comprises of multiple layers security (verification, validation and encryption) to ensure all data passing through the private cloud remains locked down and obfuscated to all but those permissioned to view.

Process Pick ‘n Mix

Outsourcing of the business processes, whether offshoring, nearshoring or homeshoring, offers insurers unrivalled flexibility and economies of scale.

An outsourced operation is not an all or nothing choice. CynoSure offers full flexibility whereby insurers can chose which business processes they keep in-house, which go to CynoSure and which are better performed by a third-party

Create Your Own

Building a service-oriented platform from web services frees up insurance providers to get the best of breed at all stages of the process.

CynoSure brings many established third-party partners to the table, but remains open to interfacing with local or in-house content providers. Services can be built from real-time or overnight interfaces with external price comparison sites, insurance premium calculators, claims handling, risk assessors, customer management, etc. CynoSure adapts to the environment, and evolves alongside it as services are expanded.

Multi-Labelling

CynoSure can operate multiple in-house brands effortlessly from a single code-base.
Each label maintains its own autonomous workflow, GUI, localisations, etc. from its own hardware platform. But CynoSure operates a distributed architecture so each instance shares the application layer and database structure in addition to the code itself. Changes to CynoSure or the database are immediately available to all brands.

Just personalise the interface then define the proposition and products.

Fintech

Fintech company OutShared offers the in-house developed and built CynoSure digital insurance platform in a SAAS solution to the market. In short, CynoSure is a digital insurance solution from the back-office system-of-record to front-end web and app interfaces. Cynosure has been developed for both new market offerings and the renovation of established operations migrated to the platform.

CynoSure is a 100% service-oriented software platform connected through web services. With this architecture insurance providers build from established CynoSure web services out-of-the-box, or integrate with their established architecture.

CynoSure is designed to be an open and extensible framework of insurance services. Various services are combined to form an exquisitely bespoke offering matching the needs of service provider and their customers.

CynoSure brings many established third-party partners to the table, but remains open to interfacing with local or in-house content providers. Services can be built from real-time or overnight interfaces with external price comparison sites, insurance premium calculators, claims handling, risk assessors, customer management, etc. CynoSure adapts to the environment, and evolves alongside it as services are expanded.