Omaha's insurance and financial services community runs on trust, precision, and long-term thinking. Build platforms that reflect those values in every line of code.
The Omaha Insurance Technology Challenge
Nebraska's insurance industry manages products that span decades — whole life policies written 30 years ago must remain serviceable, claims from long-tail liability policies must be tracked for years, and actuarial projections must remain auditable long after original systems retire. This demands technology built with stability and auditability at its core, not bolted on after the fact.
Insurance Platform Solutions
Policy Administration
Manage policies across their full lifetime:
- Product configuration: Flexible rate tables and product rules engine
- New business: Application intake, underwriting, and policy issuance
- Policy service: Endorsements, reinstatements, and owner changes
- Renewal processing: Automated renewal with updated pricing
Claims Management
Process and close claims accurately:
- First notice of loss: Multi-channel intake with immediate acknowledgment
- Claims routing: Automated assignment by type, value, and adjuster
- Reserve management: Initial and subsequent reserve setting
- Payment processing: EFT and check disbursement with 1099 tracking
Actuarial Data
Support sound pricing and reserving:
- Experience data: Loss development and IBNR calculation support
- Rate adequacy tracking: Premium vs. loss monitoring by product segment
- Regulatory filings: Annual statement data extraction and formatting
- Cash flow modeling: Asset-liability management data preparation
Agent and Distribution Management
Support the field force:
- Agent portal: Quote, bind, and service tools for field agents
- Commission accounting: Earned, advanced, and chargeback calculations
- Licensing compliance: State license and CE tracking
- Production reporting: Agent performance analytics by product
Omaha's Financial Services Culture
The presence of Berkshire Hathaway has created an Omaha business culture that values sustainable, well-managed operations over growth at any cost. Technology built for Omaha companies reflects that — stable, auditable, and built to last.
Ready to modernize your insurance platform? Contact ZIRA Software to discuss your InsurTech needs.