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Why IDIT?
Fast time-to-market - Parameter-based setup of new insurance products and regulatory environment changes
Improved distribution and channel management - With multi-company, multi-branding, multi-currency, and multi-lingual capabilities
Increased efficiency - A single end-to-end solution that manages all insurance products, globally
Easy maintenance & integration - Full SOA component-based packaged software, structured as core/country/customer layers
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| The Business Analysts Perspective about IDIT
|  | IDIT Technologies is a “pure player” of General Insurance (P&C) software solutions. The company enjoys strong and continuous tail-wind from the business analyst community, for several years in a row:
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| CELENT, European Claims Vendors in 2010 |  |
- “Celent continues to support the view that IDIT is an excellent option for all insurers wanting to adopt proven modern technologies for a componentized approach to legacy modernization”
- “IDIT has a solid base of customers using the full product suite, including claims”
- “References were pleased with the significant improvement that the solution had brought to the business and also highlighted the openness of IDIT in discussions”
- "Feedback on project management and responsiveness was very good"
Catherine Stagg-Macey and Craig Beattie |
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| CELENT, Policy Administration Report 2009 |  |
- "IDIT is an excellent option for all insurers wanting to adopt proven modern technologies."
- “The solution is becoming the elder statesmen of truly modern PAS systems and in Celent’s view, can be viewed as a proven solution”
- “Customers continue to be very positive about IDIT’s customer-focus throughout the project lifecycle -- from the sales, through implementation and post-delivery service”
- “The combination of factors such as price, quality, project delivery and modern architecture all attributed to the project’s overall success”
Catherine Stagg-Macey, Senior analyst, Celent insurance practice |
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 | Gartner, General Insurance Policy Administration Systems 2010 |  |
- "IDIT's modern Java-based technology infrastructure allows the integration of back-end functions into different user interfaces, such as portals or CRM applications."
- "Creating a policy is fairly easy,...the system also supports out-of-sequence endorsements,... all changes are traceable via a clearly structured audit trail."
- "Product definitions are done in the same user interface, are parameterized and fairly easy to navigate."
Jurgen Weiss, Stephen Forte |
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| Forrester, Hot Insurance Tech Companies To Watch 2009 |  |
- “Expanding into new markets has significant implications for carriers… IDIT has identified the need for globally relevant core insurance platforms among insurers worldwide.”
- “IDIT allows global carriers to quickly create new products as well as version of existing products to meet the needs of new markets”
- “The IDIT software suite offers multi-language and currency support, making it appealing to carriers looking to expand into new markets.”
Ellen Carney, Senior Analyst, Forrester Research (June 2009)
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| Deloitte, Technology Fast 50 Winner (2008, 2009, 2010) |  | IDIT was named among the winners of Deloitte:
- Technology Fast 500 EMEA –The ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa
- Technology Fast 50 –The ranking of the 50 fastest growing companies in Israel
Making this list, for three consecutive years, is a tremendous achievement for IDIT.
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| Red Herring, Finalist for the Red Herring 100 Award (2008, 2009, 2010) |  | IDIT Technologies was named as a Red Herring 100 finalist for both 2008, 2009, and 2010 ― A prestigious list honoring the most promising private technology ventures from the world.
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| CELENT, European Policy Administration Report 2007 |  |
- "Feedback on the IDIT solution was that it is a very good combination of deep functionality on modern technology"
- "Glowing references from IDIT’s solid customer base spoke highly of the company’s customer-focused service and excellent responsiveness"
- "IDIT was viewed by its customers as a strategic partner rather than just a vendor"
- "It is unusual to find such broad support for lines of business and depth of functionality in such a young system"
Catherine Stagg-Macey, Senior analyst, Celent insurance practice |
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