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Vision & Mission

Our purpose is to enable you to meet your customers’ evolving demands while increasing your operating efficiency. We empower you to elevate customer satisfaction and streamline processes with the highly configurable Equinox™ platform by Solstice.
Home / Company / Vision & Mission

Vision & Mission

Our purpose is to enable you to meet your customers’ evolving demands while increasing your operating efficiency. We empower you to elevate customer satisfaction and streamline processes with the highly configurable Equinox™ platform by Solstice.

Solstice Technology

Risk Mitigation

  • Designed specifically for carriers, MGA’s and program administrators.
  • Get the latest technology without the price of an internal high tech team.
  • Simple, affordable, and highly configurable cloud-native SaaS solution.
  • Puts the power back into your hands.
  • Phase-out expensive legacy systems and/or bloated software packages responsibly.
  • With a realistic Solstice roadmap that mitigates risk, you can finally sunset those antiquated solutions.

Why Solstice Innovations

Your Partner in Modernizing Insurance Operations

At Solstice, we understand the insurance industry is at a crossroads. The pressures of outdated systems, rising operational costs, and the increasing complexity of managing claims in the face of natural disasters demand more than just incremental improvements—they require a transformational approach. That’s where we come in. By prioritizing a robust back-office architecture and leveraging cutting-edge automation, we empower you to streamline operations, reduce costs, and stay competitive in a rapidly evolving market. With Solstice, you’re not just adapting to change—you’ll be leading it.
Every Year:
  • 4 Billion in Premiums
  • 5% growth in policyholders

Costs of Operation

Without Solstice Innovations
At Solstice, we understand the insurance industry is at a crossroads. The pressures of outdated systems, rising operational costs, and the increasing complexity of managing claims in the face of natural disasters demand more than just incremental improvements—they require a transformational approach. That’s where we come in. By prioritizing a robust back-office architecture and leveraging cutting-edge automation, we empower you to streamline operations, reduce costs, and stay competitive in a rapidly evolving market. With Solstice, you’re not just adapting to change—you’ll be leading it.

Challenges in Insurance Industry

The insurance industry is grappling with outdated systems that hinder productivity and drive up operational costs. Companies are spending substantial portions of their IT budgets just to maintain legacy technologies, or making disparate platforms try to interface with each other, leaving little-to-no room for real innovation. As a result, these aging systems are becoming a costly burden, preventing insurers from keeping pace with the demands of the modern market.

Trends in Automation and Efficiency

Automation is rapidly becoming a cornerstone of the insurance industry, driving higher efficiency and significantly reducing operational costs. Real-time data management and automated processes are essential for maintaining a competitive edge. However, reliance on manual and disjointed, often legacy systems continues to create inefficiencies and increase the risk of errors, underscoring the need for more sophisticated solutions.

Financial Aspects of the Insurance Industry

The property and casualty insurance market is a massive sector, generating $800 billion in premiums annually. Within this, the flood insurance market alone accounts for $4 billion in premiums each year, with steady growth. As these markets expand, insurers must continue to innovate and modernize to capitalize on the financial opportunities while managing the inherent risks.

Solstice Innovations

Your Partner in Operational Freedom

Empower your insureds with exceptional service and functionality while maximizing operational efficiency. 

Elevate customer satisfaction and streamline processes with the highly configurable Equinox™ platform by Solstice Innovations. 

Solstice Innovations

Your Partner in Operational Freedom

Empower your insureds with exceptional service and functionality while maximizing operational efficiency. 

Elevate customer satisfaction and streamline processes with the highly configurable Equinox™ platform by Solstice Innovations. 
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