Beyontec is a privately held company. Our founders come from the insurance industry. Each of them has more than 20 years of hands-on experience working with property/casualty organizations.
We spent three years developing the Beyontec Suite before we offered it to a single customer. We anticipated the independence and self-sufficiency our customers want, and we built it in, making the Suite easily configurable enough that our customers can do what they want, when they want. We fulfilled their business needs in our programming. We accommodate their operational needs by enabling them to flexibly configure the Suite to suit their preferences and their processes, without having to wait for or rely on us or their IT departments to get documents and products in production.
And we developed the Beyontec Suite without a sponsoring insurance company. We retained objective independence, considering the needs of the entire industry, rather than the specific needs or the driving influence of any one company. And we built a product with tools that enable our customers retain that same objective independence. We deliver the product with a set of configuration tools intuitive enough that non-IT people can manage the changes required as their products change to meet competitive or regulatory challenges. We stand ready to give our customers all the help they need. But we’ll never try to give them more help than they want.
Browse the items below to find the ways in which we’re making news — with new customers, new product developments, new lines of business, and more.
Meet us at the upcoming NAMIC’S 124th Annual Convention, to be held between Sep 22 – 25, 2019 at National Harbor, MD. This year NAMIC Annual Convention focuses on educating the reinsurers, brokers, rating agencies and other mutual insurance constituents on emerging technologies impacting their business. Visit the Beyontec booth # 222 and hear our experts talk about real ways to transform mutual insurance business using digital technology. We will be demonstrating our core solution – the Beyontec Suite, our unique accelerators, and several pre-configured automation solutions.
For more information about NAMIC, visit https://www.namic.org/edu/convention
Braxtone Partners Beyontec
Beyontec Solutions recently entered into a strategic partnership with Braxtone to offer a comprehensive automated motor claims recovery solution to address the claims recovery challenges faced by the insurance industry in Bahrain and the United Arab Emirates. This portal solution will help in streamlining intra-company claims recovery process and make the process transparent, efficient and reliable for insurers in the region.
Click here to learn more about the partnership.
OESAI Conference, Rwanda
Beyontec is pleased to be participating at the 42nd OESAI conference in Kigali, Rwanda to be held on the 25th to the 28th August, 2019. Beyontec will showcase its digital offerings including the core solution – the Beyontec Suite, the accelerator solutions and its pre-configured automation solutions. Beyontec’s participation at the conference will present a unique opportunity for African insurers to get a ringside view of how to approach digital transformation.
Beyontec Partners with AJMS Global
Beyontec Solutions and AJMS, a leading accounting, tax and governance, risk & compliance (GRC) consulting firm, have entered into a strategic partnership to develop a comprehensive IFRS 17 solution for the Middle East and African insurance industries.
Once developed, this new product can be implemented across General and Life Insurance companies and will have IFRS 17 capabilities across finance and actuarial systems. It will connect data, systems and process environment between finance and actuarial with the ability to meet future accounting challenges.
Click here to learn more about the partnership.
Motor Best Practices 2019 Seminar
Beyontec will be participating as a speaker and will launch its revolutionary solution – Claims Recovery Platform during the Motor Best Practices 2019 seminar on 26th & 27th June 2019 at Stella Di Mare Hotel, Dubai Marina, Dubai. A centralised platform for insurers to digitize and automate the claims recovery process, this industry-first solution will shrink the processing time while ensuring absolute transparency and compliance between insurers.
Gulf Insurance Group – Kuwait (gig-Kuwait) Selects Beyontec Suite to Drive Digital Operations across general life and group life lines of business. Implementing Beyontec Suite with its fully integrated modules across underwriting, claims, billing, re-insurance, accounting, and queries will enable Gig-Kuwait to elevate its operations to become truly digital while enhancing overall customer experience.
Click here to read the complete press release.
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