About the Company

Silver Eel Technology is a leading provider of innovative insurance technology solutions, specializing in the development and integration of custom platforms that streamline insurance operations. Their expertise spans across various insurance lines, including Life, Accident & Health (A&H), and Property & Casualty (P&C). Silver Eel focuses on creating user-friendly, efficient, and compliant systems that cater to the needs of both insurance companies and their clients, helping them to stay competitive in the rapidly evolving InsurTech landscape. They initiated their business without any existing technological infrastructure tailored to their needs.

Services Provided

• Designed and developed a custom insurance enrollment platform from scratch, catering to both groups and individuals.
• Integrated a unified platform for various stakeholders: admins, insurance agencies, agents, group admins, employees, and end customers, facilitating seamless purchase and enrollment of insurance products.
• Implemented the platform for $2b health carrier to support a new supplemental health program called My WellSpent.
• Developed a cloud-enabled platform using AWS, automating everything from deployment to monitoring.
• Collaborated with external care providers and insurance companies to exchange crucial insurance data (e.g., enrollments, claims, eligibility criteria) using well-defined EDI formats.
• Created a flexible billing module that automates subscription management and payment collection.
• Developed a custom reporting tool providing insights into user demographics, enrollments, upcoming renewals, and billing information.
• Introduced a commission module for agents and agencies.
• Designed the platform to be adaptable to various insurance plan types.