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Description

ParaCode is a cloud-native, no-code insurance platform designed to dramatically reduce time-to-market for new insurance products and updates. Built on Microsoft Azure and .Net Core, ParaCode empowers insurers to build and launch products in ho...

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Use Cases

Key Features

  • Insurance Policy Management
  • Policy Management
  • Workflow Management
  • Document Management
  • Audit Trail
  • Quotes/Estimates

Made For

Industries

  • Insurance
  • Insurtech
  • Financial Services
  • Risk Management

Customer Segments

  • Small Businesses
  • Mid-size Businesses
  • Large Enterprises

Supported Platforms

  • Web
  • Mobile

Pros

  • Rapid Time-to-Market: Significantly reduces the time required to launch new insurance products.
  • No-Code Platform: Empowers business users to build and modify products without relying on developers.
  • Scalability and Reliability: Built on Microsoft Azure for a robust and scalable infrastructure.
  • End-to-End Solution: Covers the entire insurance lifecycle, from quote to claim.
  • Customizable Portals: Provides tailored experiences for agents and customers.

Cons

  • Potential Vendor Lock-in: Reliance on a single platform may create vendor lock-in.
  • Customization Limits: While customizable, the no-code approach may have limitations for highly complex or unique requirements.
Year Founded
2010
HQ Location
London, UK
LinkedIn
51-200 employees
@ParaCodeTech
2500 followers

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