Core Insights - Insurity has enhanced its Billing-as-a-Service platform, making it more cost-effective than in-house billing for property and casualty (P&C) carriers and managing general agents (MGAs) [1] - The platform centralizes payments, collections, and reconciliation, reducing hidden operational costs and staffing requirements associated with internal billing operations [1] - Insurity's cloud-native architecture supports scalability and performance, allowing insurers to manage complex billing structures without the need for bespoke systems [1] Cost Efficiency - Insurity's Billing-as-a-Service is now positioned as a lower-cost alternative to internal billing operations, challenging the traditional belief that in-house management is more economical [1] - The service reduces operational costs by taking full ownership of billing operations, providing transparency and flexibility that align with real-world insurance workflows [1] Customer Growth and Onboarding - The platform enables faster onboarding, allowing customers to quickly launch new lines of business and start issuing and collecting premiums without establishing internal billing teams [1] - Insurity's approach is designed to support customers in growth mode, focusing on policy issuance rather than managing billing infrastructure [1] Partnerships and Ecosystem - Insurity has formed partnerships with a tier-one global banking institution and leading providers for payment processing, enhancing its integrated ecosystem for complex transaction flows [1] - The company collaborates with over 200 partners, including system integrators and technology providers, to deepen collaboration and drive scalable growth [1]

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today announced that Generali Global Corporate and Commercial (Generali GC&C) has gone live on Insurity Marine Suite to support excellence in its cargo insurance operations. ...