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Hippo Analytics Selects Oceanwide’s Policy Administration System

Staff Writer | May 10, 2016

Oceanwide announces that Hippo Analytics, an MGA located in Mountain View, Calif., has selected Oceanwide’s Bridge to support its entry into the homeowners insurance market as the company launches a new insurance offering designed to appeal to millennial homeowners and renters. Hippo will be using Bridge’s policy administration, billing, underwriting and reporting modules. 

Hippo needed a modern policy system integrated with a portal solution to handle back-end insurance processing while providing the immediate responsiveness that the younger buyer demographic has come to expect in the online purchasing process. Hippo needed a flexible system for its immediate needs as a startup MGA supporting one carrier but also a system that would easily accommodate its anticipated business growth to handle multiple carriers in all 50 states.

“We looked at many vendors during our search,” says Eyal Navon, co-founder and CTO of Hippo. “We selected Bridge due to its end-user configurability which will provide our team with the ability to maintain the system on our own. Oceanwide’s focus on our specific needs and ability to scale with us was one of the key attraction points.”

“We are excited to be working with Hippo,” says Mitchell Wasserman, CEO of Oceanwide. “Bridge is a great fit for a start up like Hippo that is targeting the millennial generation of insurance buyers who demand speed and intuitive user interfaces.”

Bridge, Oceanwide’s insurance software (policy, billing and claims) suite is designed to streamline processing for P&C insurers, brokers, and MGAs. Bridge offers smart configuration to ensure that it is configurable by business users.

Bridge includes modules for rating, document/policy generation, workflow management, and reporting and analytics, as well as agent and consumer portals.  Bridge enables self-sufficiency, and features support for multi-lingual and multi-currency transactions.

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