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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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IDIT Market Recognition


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
 

 
 
 

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.
 

 
 
 

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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