CynoSure can be applied for two reasons:

The launch of a new greenfield operation The rejuvenation of an established insurance portfolio operation

The Smart
Insurance Platform

CynoSure is an all-in-one insurance solution for policy management, quotations, claims origination and processing: from back-office database through middle-office processing to front-office web and app interfaces. Built on today’s digital ethos, and offered through strategic BPO and SaaS operations, CynoSure is the smart integrated solution for insurance specialists. CynoSure is a state-of-the-art insurance solution developed in open source technology - the low cost solution for modernising existing insurance portfolios or launching new brands globally.

CynoSure can be applied for two reasons:

  1. The launch of a new greenfield operation
  2. The rejuvenation of an established insurance portfolio operation

Greenfield Flexibility

CynoSure offers a greenfield insurance service that has been designed to support the self-service digital age. But it could also include call or broker facilities. It is a right-sized alternative to the cumbersome all-or-nothing enterprise software solutions on the market.

Whether a new entrant looking to get up and running quickly, or an established player looking to expand internationally or launch a new brand, CynoSure combines the highest client satisfaction with the lowest cost level on the market.

Award Winning Digital Claims Handling

CynoSure’s claims handling portal automates claim processing to the maximum degree including assigning claims to coverage assessment through rules-based logic. A strong ethos of self-service is promoted for all aspects of the claim (assessors, repairs, document upload, etc.).

InShared has won the EFMA Accenture Award 2014 in the category Digital Distribution. InShared is the first insurer in the world handling and settling the majority of claims fully digital from start to finish. The international awards from EFMA and Accenture are granted to the most innovative concepts within the financial sector.

Source: EFMA Accenture October 2014