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ParaCode is a 2022 Insurance Times Awards finalist!

20 September 2022 | Company news

We are thrilled to announce that ParaCode is a finalist for the Excellence in Technology – Claims Award at the 2022 Insurance Times Awards.

Insurance Times is a news, information and insight brand for general insurance in the UK. They publish interviews, webinars, briefings and in-depth reports, as well as five different newsletters to their audience of key decision-makers, business placers and principals in brokers, insurers and service suppliers. Insurance Times is highly credited within the industry.

The Insurance Times Awards are designed to recognise and celebrate excellence and innovation across the breadth of UK general insurance. Judged by independent panels of experts from across the sector, they shine a light on outstanding achievement and honour the year’s best and brightest.

This year, the awards will take place on the evening of 8th December in the iconic Great Room of London’s Grosvenor House and winners will be announced on the night.

ParaCode is a cloud-based policy and claims administration system designed to allow users to quickly and easily set up and effectively manage any insurance product. It uses no code/low code technology to enable insurers, MGAs and coverholders to rapidly respond to changing market conditions by introducing new products and updating existing products quickly, easily and cheaply without any development support or cost. ParaCode also supports complex reporting, claims management, customer management and product distribution.

ParaCode was created to overcome the limitations of other platforms available. Most insurance software is designed with automobile insurance in mind, whereas ParaCode is intended to support any insurance product, using the very latest technologies.

ParaCode was specified by insurance professionals and built by software development experts. This combination of industry knowledge and technical skill means that the system has been developed truly with the needs of its users in mind.

For more information, if you have any questions, or if you would like a demo of the platform, please contact us today.