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INNORULES is receiving much attention from major media in Southeast Asia and North America. INNORULES announced on the 26th that it’s insurtech solution was introduced to about 190 major overseas media in the second half of this year alone, including Yahoo Finance and Market Watch.
The news mainly covered INNORULES as an insurtech solution provider with customer cases from Southeast Asian markets such as Singapore, Malaysia, Indonesia, and Vietnam and Japan's largest insurance company, S Insurance. INNORULES is the only company in Korea with a one-stop insurance solution in the insurtech field, which combines IT with the traditional insurance industry. It is highly evaluated in the domestic market, where the insurtech field is growing, and in Japan and Southeast Asian markets.
INNORULES Insurance Suite supports all tasks from insurance review to insurance payment. It can provide consistent and accurate examination results by improving the speed and convenience of medical condition examinations performed during subscription design and subscription work. In addition, InnoFDS, which prevents insurance fraud, is included and is receiving a lot of attention from the industry.
InnoFDS is an INNORULES' rule engine-based system that maximizes the efficiency of managing information on the screening criteria and realizes the automation of screening tasks, enabling quick and consistent results. In addition to improving operational efficiency, it specializes in managing insurance product information and developing new products, resulting in enhanced decision-making speed in the overall insurance business.
Social isolation triggered by COVID-19 is accelerating the digital transformation of insurance, and the insurance industry is also rushing to introduce insurtech.
An INNORULES official said, "The digital product information management system is in the spotlight as a core solution in the insurance field. As Korea's first B2B insurtech company, we will add various insurtech solutions that can give insight to the insurance industry."
He also expressed strong confidence, saying, "Insurtech solutions of INNORULES, which has many years of experience and expertise, are expected to receive love calls from domestic and foreign insurance companies."