insurtech

Penguin.Tech Provides Value Through ACORD Standards

The insurance sector is on the cusp of a digital revolution that will redefine how it operates. By integrating Penguin.Tech’s advanced digital technologies and ACORD Standards, with leading core insurance platforms, like Duck Creek Technologies, we can help reshape the way the industry operates and find more efficient and effective ways for

Penguin.Tech Provides Value Through ACORD Standards2019-03-19T09:28:53-06:00

Insurance Execs Concerned About the Impact of InsurTech Implementation

A new report issued by Accenture indicates that the intersection of insurance and technology has increasingly been on the radar for executives across the United States. How InsurTech has, and will be implemented, and what lasting impacts it will have on the insurance industry is a major concern among these executives. In fact, according

Insurance Execs Concerned About the Impact of InsurTech Implementation2019-03-13T07:17:56-06:00

The ACORD Model Reinforces Consistency in APIs

A lot of vendors and carriers do use the ACORD data model, but loosely. ACORD specifications do allow for flexibility and customization, which can create interpretive methods and result in a half-baked implementation of an ineffective data model. Penguin.Tech strives against this practice to strictly follow the ACORD standards to avoid unnecessary and

The ACORD Model Reinforces Consistency in APIs2019-03-13T07:18:21-06:00

Monolithic Upgrade Possibilities with Microservices

Many insurance software applications, such as property and casualty (P&C) insurance applications, are built as monolithic applications, and this has led to several performance challenges in the past. A prominent risk with monolithic applications is that a failure in one part of the application usually impacts the entire software application. Also, the different

Monolithic Upgrade Possibilities with Microservices2019-01-21T09:55:34-06:00

Dive into Microservices Insurance Technology Insights

It goes without saying that technology has influenced almost all industries in the world, and insurance has not been left out. In fact, technology has greatly transformed insurance and led to what is now known as InsurTech. This refers to the use and application of technology in various insurance operations to improve efficiency.

Dive into Microservices Insurance Technology Insights2019-01-21T09:56:27-06:00