Oracle Insurance Policy Administration for Life and Annuity

(10)
3.9 out of 5 stars

Oracle Insurance provides adaptive, rules-driven systems that let insurance companies easily change business processes as their business needs change.

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Oracle Insurance Policy Administration for Life and Annuity Reviews

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Showing 10 Oracle Insurance Policy Administration for Life and Annuity reviews
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Oracle Insurance Policy Administration for Life and Annuity review by Alexis F.
Alexis F.
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"Review of Oracle Insurance Policy"

What do you like best?

I like the adversity of it. It is backed by highly intellectual individuals who can be there at a moments notice.

What do you dislike?

I have found that oracle has a lot of areas of expertise in the IT field and I do not know how good their expertise is in policy admin compares.

Recommendations to others considering the product

I don't know. It is new and I personally am no longer using it. I enjoyed it while the time lasted, however. It made processes much more efficient. I recommmend this product.

What business problems are you solving with the product? What benefits have you realized?

Business problems solved with policy admin have saved the company hundreds of thousands of legal issues. We have realized the benefits of cost savings with the initial investment in Oracle.

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Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"Oracle insurance "

What do you like best?

I like how information is able to be kept and supports the full records of everything that is provided and updated. Working in multiple types of policy it allows me to be move in a fast and very effective pace

What do you dislike?

I like most of the service that it provides. I do wish migrations and updates would go a little easier in regards to when everything is rolled out which would make it easier when logging in the first time after the update has been installed. Other than that I have no complaints

What business problems are you solving with the product? What benefits have you realized?

Allows the ability to manage life insurance policy and create accounts for new customers

What Life Insurance Policy Administration Systems solution do you use?

Thanks for letting us know!
Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"Solid Product"

What do you like best?

This is a single-platform product with ease of use for non-programmers.

What do you dislike?

The issues this platform addresses are complex, and no one product can substitute for knowing what you're doing. This product is no different. Like most products, it still can't replicate education or teach you how to understand these issues. We're still waiting for a product that can teach as well as it operates.

What business problems are you solving with the product? What benefits have you realized?

This product can assist with compliance issues, as it documents as you go. If you're audited, you'll be glad you have this product.

Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"Oracle knows best "

What do you like best?

I like the fact that I get good support

What do you dislike?

I dislike that Oracle is not as popular of an insurance choice, or a known vendor

Recommendations to others considering the product

Its a good resource, for managing but you need someone who understands the software. It is a dexterous system if you know how to work with it.

What business problems are you solving with the product? What benefits have you realized?

Oracle is an adept system which can encompass a lot of info. I am keeping track of a lot of data.

Oracle Insurance Policy Administration for Life and Annuity review by User in Financial Services
User in Financial Services
Validated Reviewer
Verified Current User
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"Great Product"

What do you like best?

It has an easy to use interface which makes using it efficient.

What do you dislike?

Sometimes it can be a little slow.. especially if there's multiple applications open.

What business problems are you solving with the product? What benefits have you realized?

Organization has improved tremendously

Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"Simple Clarity"

What do you like best?

My favorite aspect when using Oracle is the ease of use when it comes to the interface.

What do you dislike?

Sometimes details of certain offered policies can be more sparse than I’d prefer.

What business problems are you solving with the product? What benefits have you realized?

It makes life easier in that it gives many options in one place which saves me the trouble from having to go to many providers.

Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"Oracle Insurance"

What do you like best?

The ease of use. Oracle set up a program that was unique to the insurance company's needs.

What do you dislike?

The layout, font, and overall look is outdated. I feel that it could be modernized.

What business problems are you solving with the product? What benefits have you realized?

We are solving issues regarding organization and response time.

Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"easy to use and efficient"

What do you like best?

the ability to manage my information, build customer record and appilcation

What do you dislike?

occasional freeze of software when submitting

Recommendations to others considering the product

good program, great for detail and direction

What business problems are you solving with the product? What benefits have you realized?

benefits are increased productivity and management of data. Very secure system, easy to learn and navigate.

Oracle Insurance Policy Administration for Life and Annuity review by User in Insurance
User in Insurance
Validated Reviewer
Review Source

"a decent system for file management"

What do you like best?

centralized location for all documents and relatively small learning curve

What do you dislike?

system is not visually stimulating and operations are sometimes counterintuitive

Recommendations to others considering the product

middle of the road software... compare other similar options

What business problems are you solving with the product? What benefits have you realized?

simplification of uploaded document access

Oracle Insurance Policy Administration for Life and Annuity review by User in Financial Services
User in Financial Services
Validated Reviewer
Review Source

"Oracle"

What do you like best?

Easy to navigate and customize views.

What do you dislike?

Overall look of site.

Recommendations to others considering the product

Make sure navigation makes sense.

What business problems are you solving with the product? What benefits have you realized?

Easy place to store data and perform internal research.

Kate from G2 Crowd

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