How Ellipsys group brings strategic focus to each of our companies ensuring focused solutions for our clients
HOW IT ALL STARTED
Ellipsys Technologies was started in 2007 as a software development company focusing on the financial and insurance industries using Microsoft and Oracle
technologies to build custom solutions to solve our clients’ problems. Ellipsys Technologies has built a reputation as a reliable technology partner to our clients, working closely with our client stakeholders to ensure we identify the correct problems and solving them using technology that supported the client’s technology architecture and that could be supported by their technical teams in the long term.
Our team have assisted clients in enhancing their existing insurance systems as well as extending the capabilities of their systems through EDI integration as well as
implementing document management and reporting solutions, and web portals to allow for more user friendly and wizard driven user experiences for our client’s current insurance system.
Ellipsys Technologies gained particular recognition for policy and financial data integration including real-time data integration for rating engine calculations, data
enrichment, policy and claims creation and management. As part of the data integration, we also developed monitoring solutions and dashboards allowing our staff (as well as our client staff ) to view the status of data processing services, queues and exception reports. Where the client selected to outsource IT or business functions to us, these tools are used to ensure efficient operational support and quick resolution of any system issues.
We provide detailed reports including timesheet reports and solution details to our clients using an in-house system called RADAR that is used to log, track and manage all work requests and our clients are able to access RADAR directly to monitor the status of any defects and work requests, or where they do have their own IT request management systems we integrate RADAR into those systems.
In 2013 we identified the opportunity to start building our own products and licensing them to clients. However, it was important for us that Ellipsys Technologies not lose its focus on software development projects and assisting clients with building custom solutions to their unique problems.
When creating a company vision and supporting strategy it requires you to not only decide what you are going to focus on but also what you will not. We made the decision to keep the strategic focus for Technologies on software development and created a new company – Ellipsys Systems to focus on software products. The focus for Systems is to identify potential products and focus on product development, marketing and sales. Ellipsys Systems have recently developed a complete Insurance Platform – Ellipsys Evolve.
“Ellipsys Evolve has been successfully implemented at a number of clients and have provided them with a full insurance solution”
Ellipsys Evolve has been successfully implemented at a number of clients and has provided them with a full insurance solution without the need for any additional
systems to support their insurance processes.
ELLIPSYS EVOLVE INCLUDES:
• Evolve Core
• Productivity Tools;
• Black box Rating;
• Policy Administration;
• Claims Administration;
• Financial Administration;
• Complaints Administration;
• Sales Call Centre;
• Retentions Call Centre;
• Data Integration Engine;
• Document Manager;
• Report Manager; and
• Evolve Academy.
While Ellipsys Evolve provides a complete Insurance Platform, it was designed so that the modules can be selected individually and integrated into an existing technology landscape to extend current system capabilities. With many insurance systems becoming record keeping systems, the Ellipsys Evolve modules can be integrated into a legacy system to provide extended capabilities or integrate into other systems allowing an insurance provider to extend their digital platform or become part of a larger insurance ecosystem.
PROVIDING CONSULTING SERVICES
In 2017 Ellipsys Consulting was created to focus on business consulting and professional services. We were approached by clients that required assistance with solving business problems and processes and to assist them with managing projects and implementations that were not related to the systems that Ellipsys had
Consulting was created to provide a structured approach to business analysis, consulting and project management. Constant review of industry best practices, as well as extensive experience in corporate consulting, allows the team of accredited consultants to support our clients in achieving their business goals.
FOCUSED ON SUPPORTING YOUR BUSINESS
With the focused energy that Ellipsys brings through the individual companies we can support insurance providers with solving their business challenges.