Mendix, Adam Yasan of Berkshire Hathaway Specialty Insurance Company, and Nolan Ramsey of EPI-USE to Present: Building New Digital Insurance Products Using Rapid Application Development at Internet of Insurance Conference
BOSTON – September 21, 2017 – Mendix, the fastest and easiest platform to create and continuously improve mobile and web applications, today announced that it will present at the Internet of Insurance conference taking place September 26 – 27, 2017 in Austin, TX. The presentation will include a discussion of how using a low-code platform delivers a better customer experience via new digital insurance products. We will converse with Adam Yasan of Berkshire Hathaway Specialty Insurance Company (“BHSI”) regarding CINCH™ and its digital insurance platform, which uses the Mendix low-code platform, and we will also feature Nolan Ramsey of EPI-USE regarding how using low-code application development made it possible to deliver a minimum viable product in less than six months.
In the small commercial insurance industry, there is demand to provide tailored solutions that are more granular in nature, driven by the rise of insurtech startups. Established insurance companies can have a more labor intensive underwriting process and in order to compete on cost and specificity with insurtechs, carriers need to simplify the digital experience of their insurance product offerings.
During the presentation, Adam Yasan; Nolan Ramsey, Director of Rapid Application Development Solutions at EPI-USE; and a Solution Architech at Mendix, will share how developing using an iterative approach enables direct involvement from business stakeholders, helping insurers to bring new products to market faster.
About the session:
- Internet of Insurance Conference, Austin TX, September 26 – 27
- Tuesday, September 26 from 4:55 – 5:20 pm CST
In addition to the presentation, attendees are invited to visit the Mendix and EPI-USE booth for a demo of an IoT connected application that can be used to track goods while in-transit to reduce fraud and loses for property insurance. One of the critical issues facing manufacturers, suppliers, insurance providers and ultimately customers across the supply chain is ensuring that transported goods arrive at their target destination, safe and fit for their purpose. Whilst in transit, there are many factors that can adversely affect cargo, such as exposure to light, temperature increases and decreases, movement, and humidity to name a few. As such, insurers may be required to pay the bill for lost or damaged goods. The application captures critical data of the status of goods (humidity, temperature, light and location) and encrypts the data using blockchain. This eliminates any potential tampering with the data collected about the conditions of the goods. For more information about the building IoT applications using low-code development, visit: https://www.mendix.com/insurance/
About Mendix
Mendix, a Siemens business, is the only low-code platform designed to address the full complexity of enterprise software development challenges. Deploying point solutions to departmental problems solves things at a micro level—but if you want to make a significant impact on your business, you need to go bigger and build powerful portfolios that move the needle sustainably and strategically.
With Mendix, enterprises can take on more complex, transformational initiatives by engaging everyone in capturing requirements, forming ideas, and embedding value assessment throughout the lifecycle of the software portfolio.
Focus on the right problems while relying on governance and control to avoid unnecessary risk. Mobilize your organization. Build the change readiness muscle. And when the next big idea drops, turn it into an outcome quicker.
More than 4,000 organizations in 46 countries use the Mendix low-code platform. An active community of over 300,000 developers has created over 950,000 applications – and counting.