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.
Setting a strategic course for InsurTech transformation
Beyontec outlines the three main priorities for COE’s to implement successful digital transformation in Insurance. Click here to read the full article .
Beyontec and Moti Engineering will host an exclusive CxO conference on Ethiopia Insurance Industry – Digital Transformation 2020 at the Intercontinental Addis Hotel in Addis Ababa, Ethiopia, on March 11, 2020. This event will cover expert knowledge-sharing sessions from CEOs, CIOs, IT heads, finance heads, and risk managers of regional insurance companies, Beyontec experts, and other industry thought leaders. For more information on the conference, please click here.
Beyontec at the Middle East Healthcare Insurance Conference 2020, Oman
Vivek Sethia, Director and Co-founder of Beyontec Solutions will deliver a keynote at the Middle East Healthcare Conference, Oman, 3-4 Mar 2020, where he will stress on the need and relevance for successful collaborative models in healthcare insurance.
For more information on the event, please click here.
Viewpoint: How automation is digitally transforming the insurance industry by Naresh Kothari, Automation specialist at Beyontec.
Click here to read the full article published by Claims Journal.
Zamara Goes Live on Beyontec Suite
Beyontec Strengthens its African Foot Print. Zamara implements Beyontec Suite to streamline the entire broking business process and to initiate the transformation towards a connected digital enterprise.
Click here to read the complete press release.
Modernizing core systems helps insurers automate repetitive tasks and positions them for future growth. Read the Beyontec article on “Automation in the Insurance Industry” published by PropertyCasualty306.com.
Click here to read full article.
Beyontec and Braxtone launch the Claims Recovery Platform “Tasweya” in Dubai
Beyontec in partnership with Braxtone launched the revolutionary Claims Recovery Platform “Tasweya” on October 8, 2019 at the InterContinental Dubai – Festival City i. The launch function was attended by CXOs and key decision makers from leading insurers in the region. Beyontec and Braxtone demonstrated the platform features and invited insurers to join the platform.
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 release.
Zamara one of the largest pension fund administrator in Kenya controlling one third of the Kenyan pension fund market implements Beyontec Suite to streamline the entire broking business process across General, Life and Medical lines while eliminating multiple data sources and data redundancy.
Beyontec was pleased to be a sponsor-exhibitor at the 2019 WSIA Automation Conference in Orlando. Beyontec showcased the core solution – The Beyontec Suite and the RPA based Bot solutions in our booth. Overall a great conference with great success.
Michigan Basic Property Insurance Association (MBPIA), the Detroit, MI based FAIR Plan with more than five decades in basic property insurance, went live on Beyontec Suite. Having implemented all modules including the agent portal, MBPIA will run its operations using all modules of the Beyontec Suite.
The Digital Insurance magazine (DigIn) special supplement focused on Policy Administration featured one of Beyontec’s key US customers, Georgia Underwriters Association (GUA), where the IT Director Joshua Mosley reflects on the decision to select Beyontec Suite to run their operations. The article highlights how GUA in an attempt to become more efficient, and be on a par with other private insurers use technology to become more responsive to the community needs.
Click here to read the full article.
Beyontec completes 10 years of success in business this September. To commemorate the achievements and to appreciate the loyalty shown by customers and contribution made by employees, the management of Beyontec plans to celebrate the occasion. Themed “Celebrating the Past, Inspiring the Future,” this is symbolic of the attitude of the company and its zeal to cruise through the ultra-competitive marketplace. Scheduled in October 2018, this celebration will see active participation from the founding members of the company, the trusted clients and employees and families, who have been the pillars of strength.
Join us at the upcoming NAMIC’S 123rd Annual Convention, to be held on Sep 23 – 26, 2018 at The Henry B. Gonzalez Convention Center in San Antonio, Texas. This year NAMIC Annual Convention focuses on educating the Mutual Insurance Companies on emerging technologies impacting business. Register for the Marketplace Tour on Monday, 24 September, 3:00-3:30PM and meet our experts at our booth #503; hear them talk on the current state and way forward for digital transformation in mutual. We will be demonstrating our core solution – the Beyontec Suite, and several pre-configured RPA solutions.
Takaful Emarat, a leading takaful provider in the UAE, selects Beyontec Suite, a core insurance platform from Beyontec Solutions, to digitise its general insurance line of business and enhance customer experience. Takaful Emarat will implement Beyontec Suite, a totally integrated, highly configurable workflow-driven digital insurance system, to cater to the growing and changing needs of the regional marketplace.
Beyontec Celebrates 10th Anniversary, Announces Pre-Configured RPA Solutions
Beyontec is pleased to be exhibiting at the upcoming IASA 2018 Educational Conference and Business Show in Nashville, TN. This year’s IASA conference is very special to Beyontec as the company is celebrating its 10th year in business and unveiling robotic process automation (RPA) capabilities that feature bots pre-configured for any organization in the industry — regardless of the software or technology used.
Click here to read the complete press release.
Beyontec exhibited at the WSIA Automation Conference, which was held in Las Vegas, Nevada. During the conference, Beyontec featured its pre-configurable bots for automating routine tasks for everything from policies to claims, from billing to accounting and more. The bots can be implemented and deployed in four to six weeks. At the conference, Beyontec also showcased its core insurance system, the Beyontec Suite.
Beyontec Joins Verisk Strategic Alliances Program
IRVING, Texas, Feb. 07, 2018 (GLOBE NEWSWIRE) — Beyontec has become a member of the Verisk Strategic Alliances program. Strategic Alliances enables Beyontec to work with Verisk’s ISO business and to use ISO’s offerings for creating products and services for Beyontec’s customers and for enhancing the capabilities of the Beyontec Suite.
Click here to read the complete release.
Beyontec is proud to announce its participation in PIPSO – Fall IT Conference 2017. This years’ conference is being held on October 23-25, 2017 at the Naples Beach Hotel, Florida. Mr. Shankar, Co-founder and Director will be presenting on the topic ‘Cloud Computing & Disaster Recovery’ on Wednesday, October 25, 2017.
It’s with a great deal of pride and pleasure, Beyontec announces that both Maryland Joint Insurance Association (MDJIA) and District of Columbia Property Insurance Facility (DCPIF) has each gone into live production on the Beyontec Suite on July 5, 2017. These successes were made possible by the tremendous cooperative effort between the client’s staffs and the Beyontec implementation team. Congratulations to MDJIA and DCPIF.
Beyontec is proud to announce that Mr. Vivek Sethia – Co-founder and Director is invited to participate as a panelist on the topic ‘Technology Experts and Insurance Companies’ Experts’ in the 14th Annual Gulf Insurance Forum 2017. The Gulf Insurance Federation organizes this year’s forum in United Arab Emirates during the period 18 – 19th October 2017 – at RODA Al-Murooj Hotel. The theme for this year is ‘The role of Information technology in opening new frontiers for the Gulf Insurance industry’.
Beyontec Solutions, Inc. (formerly B2-USA) is once again pleased to be exhibiting at the upcoming IASA 2017 Educational Conference and Business Show. This year’s event will be held June 3-7 at the Orlando World Center Marriott in Florida. Beyontec invites you to stop by booth #517 and let us answer any questions you might have about our highly configurable, fully integrated, Beyontec Suite and also hear about some exciting changes coming in the next few months. Anyone that would like to request a private meeting with us, please email us at email@example.com and someone from our team will get back to you to set an appointment. Or just come by and say “hello” during the show; it will be great to meet you!
Beyontec is pleased to announce the signing of its sixth (6th) FAIR Plan. Having established a deep understanding of the unique challenges of this line of business and the processing demands faced by these providers of a very special community service, Beyontec is very proud to have been selected. FAIR Plans provide a product needed by the communities they serve, and we are honored to be entrusted as their vendor-partner in this valuable community service. FAIR Plans now represent the single largest segment of our customer base and we are anxious for work to begin.
B2-USA CEO, Vivek Sethia, is pleased to announce a consolidation of our worldwide brand. “Since our inception, B2-USA has been the United States brand for Beyontec Solutions, our group company in India. With our corporate footprint growing in the U.S. and overseas, we saw a great opportunity to unify the brands and to create a single, more effective organization. Today, we’re proud to announce the change to you.”
Beyontec is pleased to announce the roll-out of our latest product enhancement, our Mobile Application. In the initial release, policyholders will be able to see and then pay any outstanding invoices or installment bills using a smartphone or tablet device with an internet connection. Still in beta-test, this enhancement will be available in the fourth quarter of this year. When fully rolled out, functions made available will be determined by each client company through the Permissions and Authorities section in the User Group Set-up tool, part of the Beyontec Suite.