Current Situation
As insurance organizations start to use APIs to realize open insurance or connected insurance ecosystems, they need to have modern development tools enabling the creation of APIs in multiple standards and formats.
Goals and Objectives
Simplify and institutionalize external connectivity. Improve ecosystem exposure, visibility, and access through better design and orchestration of APIs. Accelerate innovation and improve security and stability through rapid prototyping, integration with back-end services and sandboxing. Resolve partner/third-party queries, requests, and troubleshooting through ample support function. Monitor and audit transactions.
Technology Deployed
API management platform, API development tools
Use Case Summary
Design, test, and orchestrate APIs in an enterprisewide B2B platform to exchange data in multiple formats with participants and build the capability to quickly prototype and deliver innovative sales/service