It's difficult to be able to determine new trends. The insurance industry is a trillion-dollar market but has the slowest growth of technology resources. We operate on simplicity and we find new solutions to make your company more efficient.
How We Do It
A new product is introduced, but insurers are not jumping to adopt this new product. Catalyst takes a new product or solution and implements it in a smaller-scale platform to test its resiliency when used heavily in a claims environment. Our goal is to use the product as an insurer would. If we determine the product has more benefits than risks, it's marketed to an insurer for implementation.