Insurance Data Exchange

Insurance Data Exchange

Data Exchange for Life Insurance and Annuities uses several key message/transaction types. The two data standards (ACORD & DTCC) have been widely adopted over the last 18 years. In the future, several of the messages and big data insurance exchanges as we know them today for financial transactions will be retooled using Blockchain with Smart Contracts. This transformation will not happen until consortiums are established. The participation is the biggest challenge not the technology. This information is covered in the “Innovation” section of InsurTech Express.  – Ken Leibow

 

There are multiple pricing models for each message and also platform licensing dependencies. This can be somewhat complex. To learn more about the pricing models, please click the PRICING button below.

illustrate inc. helps life insurers and annuity providers modernize their sales and new business operations with flexible digital solutions. 

 Our highly configurable platform streamlines sales-to-issue workflows, connecting quoting, illustration, eApplication, underwriting, case management, and eDelivery while seamlessly integrating with core systems.

TeamShield by Go Culture™ is an AI-driven workforce risk prevention and analytics platform that gives insurers and insured organizations early visibility into people-driven risk that often escalates into EPL claims, high-severity losses, and nuclear verdicts.

By capturing and analyzing leading indicators inside the workforce—well before complaints, claims, or litigation— TeamShield by Go Culture™ helps carriers and their customers move risk management upstream. The platform transforms employee sentiment, communication patterns, and operational friction into actionable intelligence, enabling proactive intervention, documented good-faith efforts, and measurable loss-ratio improvement.

TeamShield by Go Culture™ is designed to operate as a prevention layer, not a claims or HR replacement—supporting underwriting differentiation, risk mitigation strategies, and stronger insured relationships.

Lexis Nexis logo

As an interactive single-inquiry solution, LexisNexis® Life Data Prefill helps streamline the insurance process at the point of application, reducing the time and cost of capturing some of the data necessary to help properly evaluate your applicants.

Scalable, enterprise solutions for the entire insurance industry.

 

Our clients trust Paperclip solutions to securely capture, transcribe, store, and exchange their most sensitive data, such as PII, PHI, NPI, and corporate IP. With more than three decades of customer-centric innovation, Paperclip is a proven strategic partner that continues to revolutionize the content supply chain for the insurance industry.

 

Paperclip Mojo® Data Transcription: Mojo transcribes, translates and interprets data with greater accuracy and speed than ever before. Since its launch in 2014, Mojo’s patented technology has provided clients a competitive advantage by cutting data processing time in half and providing operational efficiencies that exceed expectations.  Use cases include digital transformation of image, e-applications, spreadsheets, XML, and more for both structured and unstructured content.

Paperclip Internet eXpress® Document Exchange: A many-to-many document exchange network purpose-built to connect trading partners at scale. Supporting three flexible delivery methods, Internet eXpress securely delivers and tracks digital documents with exceptional speed, visibility, and reliability. With over 70 million documents processed annually, it delivers proven scalability, security, and operational confidence across the ecosystem.

Based upon the extensive Samplemed medical underwriting experience, we believe samplemed360 is the only life and health underwriting platform you need. In addition to including all Samplemed solutions for risk analysis and controlling case flow elegantly and autonomously, the platform reveals deeper underwriting insights, because it was designed with a data-focused philosophy.

So, if you want to organize your flows, optimize cost in underwriting, or unleash your own data, be sure to use s360. The future of underwriting arrived.

Solvrays acts as a data integration layer, connecting systems like CRMs, underwriting platforms, and carrier portals. It facilitates seamless exchange of structured and unstructured data, reducing friction and enabling faster decision-making across the insurance value chain.

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