Press Release

BriteCore’s Modern Core System Recognized as SIIA CODiE Award Finalist

The BriteCore Platform for P&C Insurers Earns Prestigious Industry Recognition for Best Fintech Software

April 23, 2024

San Mateo, CA (April 23, 2024) – BriteCore today announced that its BriteCore Platform was named a 2024 SIIA CODiE Award Finalist in the Best FinTech Solution category for software companies. CODiE Finalists represent the best and most innovative products, services and people in the Business and Education Technology Industries.

For over a decade, BriteCore has delivered its cloud-native BriteCore Platform, a modern end-to-end core insurance solution that BriteCore continuously evolves to meet the changing needs of P&C insurers and MGAs. Designed with flexibility and user experience in mind, the platform supports a wide array of features that streamline processes and deliver business intelligence capabilities.

The BriteCore Platform’s features include:

  • A modern all-in-one suite that delivers policy administration, underwriting, rating, billing, and claims. This integrated suite approach from BriteCore streamlines operations and enhances the efficiency of P&C insurers and MGAs.
  • Digital agent and policyholder portals provide a user-friendly interface for managing policies and claims. These portals enhance customer experience by offering 24/7 access to essential information and services.
  • In-memory reporting allows for real-time data processing and analysis. BriteCore ensures users have immediate access to up-to-date information for statutory reporting and improved decision-making.
  • AI-powered analytics and dashboards tailored specifically for decision-makers provide a focused overview of key metrics and performance indicators. Personalized by role and enhanced with AI, insurance leaders can quickly gauge and act upon areas of importance.
  • Seamless integrations via APIs enable smooth connectivity with third-party vendor applications and data services. BriteCore’s integration layer enables interoperability and flexibility within the P&C insurance ecosystem.
  • Flexible workflow automation simplifies routine tasks and processes. By automating repetitive activities such as can be found in the claims process, the platform increases productivity and reduces operational costs.

The SIIA CODiE Awards, the long-running, premier awards program for the software and information industries are produced by the Software & Information Industry Association (SIIA), the principal trade association for the software, education, media, and digital content industries. BriteCore was selected as a finalist across dozens of Business Technology and Education Technology categories, among hundreds of nominations.

“The recipients of the 2024 Business Technology CODiE Awards continue to uphold the prestigious tradition of the CODiEs by distinguishing the most effective and influential applications, services, and products in the business technology sector. We take immense pride in acknowledging this year's finalists – the crème de la crème! Kudos to all the finalists in this year's CODiE Awards!” says Chris Mohr, President of SIIA.

"The recognition from the 2024 Business Technology CODiE Awards underscores our commitment to delivering exceptional solutions in the FinTech category of the business technology sector," says Ray Villeneuve, CEO of BriteCore. "We are honored to be among the finalists and take pride in providing innovative and impactful services for P&C insurers and MGAs. Congratulations to all the finalists for their outstanding achievements!"

About the SIIA CODiE Awards

The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology’s finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence. For more information, visit siia.net/CODiE.

About BriteCore

BriteCore delivers a cloud-native core insurance platform for P&C insurers that unlocks business growth, delivers greater productivity, and provides a modern customer experience. With the BriteCore Platform, insurers easily administer policies, manage billing and claims, rapidly configure new products, and access detailed reporting and analytics in an all-in-one core system, including agent and policyholder portals.

Trusted by over 90 insurers across North America, BriteCore’s policy administration solution enables mid-size carriers and fast-growing MGAs to efficiently manage their insurance operations and effectively compete with the largest providers.

For more information, visit www.britecore.com.

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