Oceanwide Inc. is dedicated to being the leading provider of hosted insurance software for insurance companies worldwide.
Oceanwide was founded with the following business principles which govern every aspect of the insurance software company’s ongoing evolution:
We build software for insurance companies who want to streamline inter-company collaborative operations and eliminate the costs & errors associated with redundant data entry.
We also build in data warehouse reporting and business intelligence functionality directly into our insurance software to maximize the value that users can make with easy access to standardized data.
We have domain expertise in each line of insurance that we target with our insurance software, in order to provide our clients sound advice on business process optimization and best practices. Our software for insurance companies offers the deepest functionality available to handle the most complex requirements, and our staff are the most knowledgeable and dedicated on the market.
We provide insurance software solutions that minimize the Total Cost of Ownership (TCO) for the software system, Cargo Cover ensures that implementation and ongoing support and IT costs do not exceed initial insurance software costs. Simply stated, Oceanwide is structured to manage the implementation of your insurance software from cradle to grave, and address any insurance requirements your clients have. Our insurance software services can include consulting, custom development and integration to existing systems, implementation management, data loading, custom documentation, a variety of training tools and personnel, equipment infrastructure and comprehensive hosting, monitoring & production support service, including 24x7 multi-lingual help desk support.
We share the risks and rewards of our software system with our insurance clients. Our fee structure calls for minimal setup fees and ongoing costs tied directly to our clients’ usage of the insurance software system. and the value they derive from it. This aligns our interests with our existing insurance clients much more effectively than with the traditional insurance software business model, and focuses our product development efforts on helping them realize increasing benefits from the system. This alignment and shared risk-reward approach improves implementation success and reduces overall costs for all parties. We are your online partners.
Our commitment to these principles and early focus on the marine insurance industry has resulted in the Genoa platform becoming the gold standard for the marine industry, servicing marine insurers and brokers large and small, around the globe. Genoa is used to generate, the most policies, certificates and manage the most claims in the marine insurance. We are uniquely focused on software for the insurance industry, driving innovation, promoting standards for integration, expanding distribution channels and seeking new and improved ways to manage aggregation exposures. Finally, the strongest measure of our success is our clients’ extremely high level of satisfaction in our insurance software solutions.
