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RNT Group: Synapse Insurance Platform

Product
Developers: RNT Group (formerly EPAM in Russia)
Date of the premiere of the system: 2024/01/30
Branches: Insurance
Technology: BPM

Main article: Business Process Management

2024: Synapse 2.0 Insurance Platform Announcement

On January 30, 2024, RNT Group announced that it had launched its own import-independent platform for insurance companies - Synapse 2.0. The solution is a completely Russian development based on microservices, which allows you to replace or build a system from scratch to support the main business processes of insurance activities. The platform is registered in the register of domestic software.

Synapse 2.0

According to the company, according to current data for January 2024, Central Bank of the Russian Federation 133 insurance organizations operate in the country, which form a significant part of the domestic financial service market. According to the results of 9 months of 2023, total insurance premiums amounted to 1646.7 billion. rubles The main players in this market are looking for independent IT solutions for their business. For example, according to the study, at the B1 end of 2023, less than half of Russian insurers were able software to develop or purchase the necessary to maintain calculations and accounting for 17. IFRS A similar situation has developed with a number of other IT systems that are key to the insurance market.

The updated version of the Synaps 2.0 platform is aimed at the task of prompt import substitution in the insurance industry. The solution includes such subsystems as: work with insurance contracts, losses, mutual settlements and payments, customer consents, reference books and inspections of subjects and objects of insurance and other modules. At the same time, above the insurance core in the platform there is a layer of functional blocks that allow you to implement the business logic of a particular company and business processes.

In addition to business functionality for, insurance companies the platform provides tools and infrastructure for automating the full development testings and maintenance cycle. ON There is no need to develop "from scratch" subsystems for managing the main data and regulatory reference, information monitoring, logging and audit, creating reports and printed forms, downloading documents and, file storages working with notifications, authentications and authorization, user management and other functionality. As a result, Synapse 2.0 combines the capabilities of a ready-made solution and open platform. It is based on Open Source components, which ensures technological independence from the vendor and the possibility of further maintenance and development of the system in-house by the IT division of the insurance company.

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First of all, Synapse 2.0 is useful in cases where business ambitions are ahead of the speed of innovation, and the functionality of typical boxed products for the organization is not enough. The platform allows insurance companies to quickly create their own microservice solution, implement the functionality necessary for business needs, and at the same time reduce costs compared to development from scratch. Synapse 2.0 is a completely Russian solution that creates the basis for supporting the constant development, launch of products and services in the field of insurance

noted Nikita Evseenko, head of insurance practice at RNT Group
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