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.
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.
Beyontec is pleased to announce the launch of its ready-to-use accelerator tools that fill the process gaps in core systems, in a compliant and cost-effective manner. Beyontec Accelerators are pre-configured, tailor-made, real-time plug-in solutions that cater to the unique requirements of insurance companies across policy administration, claims management, reporting and compliance. They integrate seamlessly into existing core systems, expanding their functionality and eliminate the need to replace existing systems with costlier options. Beyontec accelerators are currently implemented by many leading insurers to add new features and improve specific processes.
Click here to read the complete press release.
The Middle East Insurance Review, September 2018 issue, featured an article on Dubai Insurance Company and how they are transforming their business and systems using core solutions from Beyontec. The article describes how DIC is using Beyontec Suite and Beyontec Accelerators to enhance their life and general insurance lines, to improve productivity and efficiency within the company.
Click here to read the full article.
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.
Beyontec is proud to announce the signing of contract with Dhofar Insurance Company (S.A.O.G), a leading insurance provider in the Sultanate of Oman. After a thorough due diligence across solutions and vendors, Dhofar Insurance chose the Beyontec Suite to implement across all major lines of business. Beyontec’s proven delivery proposition and deep industry experience will provide Dhofar Insurance the agility to respond to market needs by releasing new products more quickly and deploying them in a way that is compliant with both regulatory mandates as well as customer needs.
We are proud to announce that we have outgrown our existing facilities and have expanded the Global Centre of Excellence in India to accommodate our future growth plans. In order to make room for increasing existing client projects and to expand our horizons with new customers across the US, APAC, Middle East and Africa, the expansion of our India centre was inevitable. We can now accommodate larger development teams, house our innovation centres, and introduce new capabilities and CoE’s especially in the digital and automation space.
The Middle East Insurance Review, May 2018 issue, featured an article on how motor TPA leader Invita Claims Management Company is able to process motor claim requests, minimising the processing time from days to a matter of hours, for insurers in Bahrain by using Beyontec Solutions’ claims management system.
Click here to read the full article.
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.
Bahrain based Invita Claims Management Company has selected the Beyontec Suite to automate the processes and transactions necessary to seamlessly administer faster third-party claims services in the country. Beyontec Suite will help Invita Claims Management Company to reduce the turnaround time for processing TPA claims while improving service to customers. Insurance companies partnering with Invita can now benefit from accelerated cash flow and reduced costs associated with managing TPA claims.
Beyontec is pleased to announce the signing of contract with Al-Buhaira National Insurance Company (ABNIC), a leading insurance company in UAE. After evaluating various solutions, ABNIC chose Beyontec Suite to manage the policy lifecycle across a wide variety of products that would help ABNIC achieve its goal to maintain market leadership. Beyontec’s proven delivery proposition will also provide ABNIC with the ability to introduce new products to the market quickly.
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 is proud to announce the signing of our first customer in Africa – Zamara. Headquartered in Nairobi, Zamara is the largest pension fund administrator in Kenya controlling one third of the Kenyan pension fund market. Zamara will utilize the comprehensive Beyontec Suite to improve operational efficiency and help its customers achieve financial success by providing simplified insurance solutions. This is an important milestone for Beyontec as we set our footprint in the East African market and all set for further expansion.
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.
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’.
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 happy to announce the signing of contract with Muscat Insurance Company, one of the leading insurance companies in Oman. Muscat Insurance Company finalizes on Beyontec Suite to be their core solution that can support the complete policy and claims lifecycle across wide variety of their products. Beyontec Suite will help them position their new products to market much faster and enhance customer loyalty in a cost effective way.
Beyontec Solutions, Inc. 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. To request a private meeting with us, please email us at firstname.lastname@example.org 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 happy to announce the signing of another client, one of the Leading National Insurance Company in the UAE region to implement our award winning insurance solution Beyontec Suite. The project scope will cover General Insurance, Life insurance, Medical Insurance with e-Portals for Agents / Brokers along with Risk Accumulation and Financial Analytical tools. The implementation process is already underway and expected to be completed by December 2017.
Beyontec is proud to announce yet another customer win, one of the leading Claims Management Company in Middle East for the implementation of Beyontec Suite’s Claims Management system for Motor line of business. The implementation process is in progress and is expected to be completed by September 2017.
Beyontec demonstrated its new Claims Recovery Portal to the Emirates Insurance Association (EIA) on 15th December 2016. More than 100 senior delegates from more 40 leading insurance companies in the UAE participated in the demo. Mr. Ramez Abou Zaid — President of the Motor Insurance & Legal Affairs Technical Committee and General Manager of Dubai National Insurance & Reinsurance — led the presentation.
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.
Beyontec will begin rolling out our new-look configuration tools from this quarter. Our goal has always been to make our customers as independent as they want to be, and thanks to their feedback, we have undertaken a project to make these tools more user-friendly. The redesigned tools, which will roll out in phases starting this month, will include:
- User Authorization Engine.
- Business Rule Engine
- Premium Algorithm Definition Module
- Workflow Configurator
B2-USA is proud to announce the signing of our 18th client. Located on the east coast, this client will utilize our EZ*Insure Suite to process FAIR Plan business. This brings the number of FAIR Plan clients to four, utilizing our software to handle both personal lines and commercial lines properties in five states.
B2-USA is proud to announce the signing of our 17th client, a 78 years old carrier writing automobile business in two states. The carrier will utilize the entire EZ*Insure Suite to enhance their online capabilities, increase policyholder service and satisfaction as well as expand both its product offerings and geographical footprint. They are currently under implementation.
B2-USA is exhibiting at the IASA Business Show for the 4th year in a row. This year’s event is being held in San Antonio, Texas on June 12th through June 15th. We look forward to meeting many forward-thinking people from the industry and also welcome our existing clients at the event. Please stop by our booth #1415 and let us answer your questions, or see a live demo of our EZ*Insure Software Suite, a complete solution for Carriers and MGA’s in the Property & Casualty Industry. One solution. One technology. One vendor.
B2-USA is proud to announce that we have added yet another customer in USA called Wisconsin Lawyers Mutual Insurance Company. Check out insurancejournal.com press release for more information.
Missouri FAIR Plan goes live on EZ*Insure.
B2-USA is proud to announce the contract signing of our 12th client, a personal lines writer located in the State of Florida. The Customer chose the EZ*Insure Software Suite to support its growth and expansion plans, both in new states as well as offering new lines of business.
Beyontec is happy to announce the signing of an agreement with Damana Holding (Saudi Arabian Insurance Co. rebranded as Damana) for the implementation of the entire Beyontec Suite across all its insurance operations in the Middle East (Bahrain, Dubai, Abu Dhabi, Oman, Kuwait & Lebanon).
Beyontec is happy to announce that Abu Dhabi National Insurance Co., Abu Dhabi, UAE has signed the contract to implement Beyontec’s Risk Accumulation Accelerator.
B2-USA proudly announces the signing of our 11th client, Dallas-based. They write multi-form Homeowners and Dwelling Fire insurance policies through the independent agency system. The Client will be utilizing the full suite of EZ*Insure modules.
First Connect goes live on EZ*Insure.
B2-USA recently attended and exhibited, for the first time, the Annual Meeting and Business Show of the Vermont Captive Insurance Association (VCIA) held in Burlington, Vermont. We were invited by our Midwestern based client who was a strong advocate for us at the show and many people came by our booth at her urging. We thank her for her endorsement and enthusiasm and look forward to attending again in 2015.
B2-USA wishes to extend our thanks to the CEO of our Los Angeles based client who recently attended the IASA Business Show in Indianapolis, Indiana at our invitation. He was invited to speak at a forum to discuss “Technology in Support of Culture Change” and did an excellent job communicating the story of his company as they seek to become the industry leader in claims handling satisfaction and B2’s role is helping them achieve that goal.
To serve our customers better, Beyontec has moved its development center to a newer location in Chennai, India. With increased capacity and enhanced infrastructure, this location will help us to serve our customers better.
B2-USA is pleased to announce the signing of a significant new client. This Midwest based client is unique and is part carrier, part MGA and part broker. We look forward to this challenging implementation because of its unique business model, its thirty (30) product offerings across all fifty (50) states!
Beyontec is happy to announce that Union Insurance Co., Dubai, UAE has signed a contract to implement Beyontec’s Risk Accumulation Accelerator.
Beyontec is pleased to announce that Emirates Insurance Co., Abu Dhabi, UAE has signed a contract to implement Beyontec’s Risk Accumulation Accelerator.
Beyontec is happy to announce that one of the world’s Leading Insurance Brokers has signed a contract to implement the Beyontec Suite’s Brokering module.
B2-USA proudly announces the signing of another client, an Austin based MGA writing auto insurance to a highly specialized niche. Client will utilize the full EZ*Insure suite of products to manage policy, billing and claims administration. B2 will also be consulting on the dynamic website that is so critical to our client successfully reaching and servicing their chosen demographic.
Oregon FAIR Plan goes live on EZ*Insure.