Insurance
Policy, claims and distribution technology for modern insurers
IBU partners with general insurers, life and pensions providers, Lloyd's syndicates and MGAs to modernise policy administration, automate claims, integrate insurtech partners, and meet Solvency II and FCA obligations — accelerating digital transformation without disrupting underwriting operations.
Discuss Your ProjectThe Sector Challenge
Insurers face a perfect storm of legacy system debt, rising claims costs, insurtech disruption and intensifying regulation. IBU brings certified Guidewire delivery capability, deep Solvency II expertise, and proven experience across the full insurance value chain — from product design and underwriting through to claims settlement and reinsurance — helping carriers transform at pace while maintaining operational stability.
What We Solve
- Policy administration system modernisation and Guidewire implementation
- Claims automation and straight-through processing
- Solvency II and IFRS 17 regulatory reporting
- Insurtech and embedded insurance integration
- Fraud detection and claims leakage prevention
- Digital distribution and broker portal development
- Underwriting workbench and pricing model modernisation
- Reinsurance bordereau and cession management
- Customer self-service and digital claims FNOL
- ESG and climate risk modelling for underwriting
Our Capabilities in Insurance
Business Outcomes
Guidewire Excellence
Certified Guidewire delivery teams accelerate PolicyCenter and ClaimCenter implementations with lower defect rates and faster go-live.
Claims Efficiency
Automated triage and STP reduce average claims handling time and cost while improving customer satisfaction.
Regulatory Compliance
Pre-built Solvency II and IFRS 17 reporting accelerators reduce actuarial and finance team burden.
Fraud Reduction
AI-powered fraud scoring at FNOL and during claims processing reduces leakage and improves combined ratio.
Distribution Agility
API-first broker portals and embedded insurance integrations open new distribution channels rapidly.
Underwriting Precision
Modern pricing workbenches and alternative data integration improve risk selection and loss ratios.
Ready to transform your insurance operations?
Speak with an IBU specialist who understands your sector's unique pressures and opportunities.