Founded by Industry Veterans, Sunlight Solutions Enters Insurance Software Market with its End-to-End Sunlight Suite
Sunlight’s cloud-based solution is market ready and in search of an early adopter insurer looking to change the status quo
Minneapolis, MN – April 2, 2015 – Sunlight Solutions (Sunlight), a new end-to-end insurance processing software provider backed by proven industry veterans with a vision to change the status quo of insurance solutions, today announced that it is ready for market with its Sunlight Suite cloud-based solution.
In development since 2010, Sunlight Suite was designed – leveraging the experience of the founders with the objective of addressing the market challenges of all insurers rather than the needs of one particular insurer. In other words, Sunlight’s time and financial investments have gone into building and delivering a true software product instead of a custom-built solution to be retrofitted for other insurers.
Behind the design and development of Sunlight Suite and the establishment of Sunlight Solutions is a team of insurance industry veterans who have extensive carrier, technology, and vendor experience. The founding team includes:
- Didier Lamour – An insurance industry entrepreneur who has been growing successful insurance technology companies for 25 years.
- Steve Franklin – A leader with a 20 year track record in insurance project implementation who employs a pragmatic, agile approach for on-time delivery.
- Vincent Decattoire – A Chief Architect who has focused on carrier implementations for over 15 years, providing leadership in design, migration, scalability, and deployment.
- The Product Team – A group of enthusiastic geeks who enjoy using modern technology to reform traditional business insurance processing.
Sunlight Suite is a cloud-delivered solution with end-to-end insurance processing capabilities that include: analytics, marketing, network management, reporting, and social communication in addition to the core basics — policy, billing, and claims. All modules are consistent and based on Sunlight Solutions’ single product configuration and rating engine. The system has been thoroughly tested, including the processing of more than one million policies in the cloud. The suite has been designed with the depth of functionality and the flexibility to support a wide range of insurance products.
Matthew Josefowicz, President and CEO of Novarica, commented on the introduction of Sunlight Solutions saying, “There is a growing need and demand in the industry for solutions that can be rapidly deployed in the cloud with minimal risk and minimal investment in a technology infrastructure. It will be interesting to see how the market responds to the Sunlight offering – while the solution is new, the people behind its development are well-known and well-respected in the industry.”
Noted David Smart, “In a previous position as AVP of Affinity Markets at Manulife, I had the pleasure of working with a number of the members of Sunlight’s founding team for several years. They are a top-notch group of insurance and technology professionals that have created a solution that is poised for success. I congratulate them on this new venture and for the launch of Sunlight Suite.”
As the solution is new to the market, Sunlight is seeking an insurer early adopter in the P&C space. The ideal candidate would be an insurer:
- Looking to introduce a new specialty line in a short timeframe;
- Who does business in a state with a more complex regulatory environment;
- Who has an aggressive growth plan;
- Willing to employ an agile methodology, even if not yet experienced with it; and,
- Willing to work with a new solution, delivered and supported by an experienced provider.
Sunlight Chief Executive Officer Didier Lamour commented, “Our team didn’t spend the last five years designing and developing a system to deliver the same old, same old that the industry has become all too familiar with and, unfortunately, has come to expect from solution providers. Our goal is to change the status quo, exceed the expectations of today’s insurers, and to set a heightened level of expectations for the future.”
Didier continued, “We also know that this is a very crowded solution provider market. However, we strongly believe there is a better way to build and deliver a solution. We took the time, effort, and financial risk to create a system that is designed based on our combined industry and technology experience, lessons learned, and deep knowledge of what is currently available in the way of insurance solutions.”
About Sunlight Solutions
Sunlight Solutions is an end-to-end insurance processing solution provider backed by proven industry veterans with a vision to change the status quo of insurance software. The company’s flagship offering is Sunlight Suite — a cloud delivered solution, built on modern and open technology, offering flexibility and rich functionality with capabilities not found in most insurance administration products. For additional information visit www.sunlightsolutions.com or call (952) 797-6312.