TISCO Systems

TISCO Systems

IT Services and IT Consulting

Sandton, Gauteng 48 followers

From Intuitive Concepts to Streamlined Implementation

About us

Niche Insurance Management & Administration Platform | Adapted & Constructed to your Specific Requirements

Industry
IT Services and IT Consulting
Company size
2-10 employees
Headquarters
Sandton, Gauteng
Type
Privately Held
Founded
1997

Locations

Employees at TISCO Systems

Updates

  • 🎯 We Challenge You! Insurers who are currently using Excel for rating and underwriting, we invite you to challenge TISCO. Share your most complex Excel rating calculators with us, and we will create a Proof of Concept that showcases how seamlessly and accurately TISCO can transition your models into a live, automated, and integrated environment. Our goal is to show you how TISCO not only matches your current capabilities but enhances them with additional features like real-time updates, regulatory compliance, and operational efficiency 🚀. Let’s transform your Excel into a cutting-edge database driven solution! 💼 #howtiscoworks #ConditionalAI #MicrosoftExcel #BusinessProcessAutomation

    View profile for Kurt Groenewald, graphic

    Founder & Senior Executive at TISCO Systems | Insurance Software Design & Implementation | Business Process Analysis

    🚀 TISCO Systems Excel Calculator Integration: Elevating Insurance Rating and Underwriting In today’s insurance landscape, many insurers and re-insurers rely on complex Excel models 📊 for premium calculations and coverage assessments. While these models are effective, they can often be siloed, difficult to maintain, and prone to manual error. TISCO takes this a step further by seamlessly integrating your custom Excel rating calculators directly into our innovative rating and underwriting engine 💡. ✔️ Automated Accuracy: TISCO can fully replicate any premium calculation methodology or underwriting logic you’ve built in Excel and transition it into our no-code, dynamic system. Whether it’s a straightforward formula or a multi-tiered, rule-based structure, TISCO ensures flawless execution, eliminating manual intervention and reducing the risk of errors.   🤖 Conditional AI: The rating rules built into TISCO to replicate your Excel-based calculations operate as a form of Conditional AI. This means that your business logic and underwriting decisions are automated using intelligent, rule-based algorithms that apply conditions to calculate premiums and assess coverage. TISCO's Conditional AI ensures that your decisions are made accurately and efficiently, streamlining your processes while keeping control in your hands. ⚡ Efficiency and Flexibility: Once integrated into the TISCO platform, these calculations become part of a fully automated process, allowing real-time data input, accurate recalculations, and scenario modeling—all within a centralized system that connects seamlessly with your policy and claims workflows.   📈 Scalability and Governance: As your business evolves, TISCO’s platform allows your rating engine to scale without the constraints typically associated with spreadsheet-based tools. Built-in audit trails, version control, and compliance monitoring ensure that your calculations remain transparent and fully compliant with regulatory requirements. TISCO enables insurers to move beyond Excel limitations while preserving the familiarity and precision of your existing models. Our platform translates these calculations into a robust, auditable, and scalable rating engine that powers your underwriting, quoting, and risk management processes 🔐. 🎯 We Challenge You! Insurers who are currently using Excel for rating and underwriting, we invite you to challenge TISCO. Share your most complex Excel rating calculators with us, and we will create a Proof of Concept that showcases how seamlessly and accurately TISCO can transition your models into a live, automated, and integrated environment. Our goal is to show you how TISCO not only matches your current capabilities but enhances them with additional features like real-time updates, regulatory compliance, and operational efficiency 🚀. Let’s transform your Excel into a cutting-edge database driven solution! 💼 #howtiscoworks #ConditionalAI #MicrosoftExcel #BusinessProcessAutomation

    • No alternative text description for this image
  • An insightful post Viren Naidu , at TISCO Systems , we support the practical guidelines for AI adoption. Our first project is to ensure the conditional AI in our platform , in workflows and the rating engine, can be enhanced to provide the foundation for all the critical parts to be joined before embarking on this exciting journey. These guidelines must form the basis of boardroom discussions before embarking on the AI journey, tick all these boxes, is mission critical for any organisation wanting to embrace AI integration.

    View profile for Viren Naidu, graphic

    Chief Information Officer | Hollard Insurance | Studied at MIT Sloan School of Management

    Implementing AI in an organization requires practical steps and clear guidelines. Follow these best practices to ensure a smooth integration and maximize the benefits of AI. #AIImplementation #AIinBusiness #TechGuidelines

  • Honoring the timeless beauty of iconic, once-in-a-lifetime masterpieces, the Shelby Cobra Club Concourse event brings automotive dreams to life! From classic curves to roaring engines, these legends are more than just cars—they're works of art. Proud to see these treasured vehicles insured by the specialists at iTOO Special Risks (Pty) Ltd, ensuring that each masterpiece is protected with the precision and care they deserve. 🚗💨 Multi Risk Brokers #howtiscoworks

    View organization page for iTOO Special Risks (Pty) Ltd, graphic

    7,048 followers

    WHEELS, STYLE, AND ADRENALINE! This past Sunday, the Silverstar Casino hosted the ultimate gathering of Cobra enthusiasts at the COBRA CLUB CONCOURS! Since 1986, these iconic vehicles have been turning heads, and this event proved why. Congratulations to all participants who showcased their stunning rides, competing for the top spot. Multi Risk Insurance Brokers #CobraClubConcours #SilverstarCasino #CobraNation #CarShow #Concours #ClassicCars #VintageLovers #iTOO

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
      +4
  • AI-Driven Reinsurance Automation in TISCO Systems The TISCO platform takes reinsurance automation to the next level by integrating foundational elements of Artificial Intelligence (AI) decision-making into its intelligent workflows. 🚀 By leveraging conditional AI and automated task generation, TISCO enhances operational efficiency, manages risk with precision, and minimizes the need for manual oversight. 🔧 #howtiscoworks #Reinsurance #AI #InsuranceTech #WorkflowAutomation #InsurTech

    View profile for Kurt Groenewald, graphic

    Founder & Senior Executive at TISCO Systems | Insurance Software Design & Implementation | Business Process Analysis

    AI-Driven Reinsurance Automation in TISCO Systems The TISCO platform takes reinsurance automation to the next level by integrating foundational elements of Artificial Intelligence (AI) decision-making into its intelligent workflows. 🚀 🔍 Contextual Decision-Making: When cover limits exceed an insurer’s maximum retention, TISCO automatically invokes the surplus treaty reinsurance program, ensuring seamless risk management without manual intervention. ⚠️ Dynamic Risk Alerts: If the requested cover surpasses the surplus treaty’s maximum limit, TISCO raises an automatic flag and triggers a new workflow task for facultative reinsurance. This workflow is further streamlined by generating and forwarding reinsurance requests directly to the insurer’s preferred reinsurers. 🔄 Parallel Workflow Automation: TISCO dynamically creates parallel workflows, ensuring timely action by underwriters and reinsurers. This level of intelligent automation significantly reduces manual tasks while aligning the underwriting and reinsurance processes with the insurer’s risk management strategy. By leveraging conditional AI and automated task generation, TISCO enhances operational efficiency, manages risk with precision, and minimizes the need for manual oversight. 🔧 #howtiscoworks #Reinsurance #AI #InsuranceTech #WorkflowAutomation #InsurTech #DynamicReinsurance #Reinsurance

    • No alternative text description for this image
  • At TISCO, we’re committed to empowering insurers with the tools to enhance productivity, reduce errors, and scale operations—all with the power of AI-driven automation. #howtiscoworks #InsuranceTech #AI #Automation #InsurTech #WorkflowOptimization

    View profile for Kurt Groenewald, graphic

    Founder & Senior Executive at TISCO Systems | Insurance Software Design & Implementation | Business Process Analysis

    AI-Powered Workflow Automation in the TISCO Systems Platform The TISCO platform is a showcase of intelligent automation, integrating foundational elements of Artificial Intelligence (AI) to streamline complex insurance processes. With over 600 conditional tasks and business logic embedded in SQL Server stored procedures, the platform brings AI-like capabilities to life: 🚀 Automated Decision-Making: Leveraging advanced conditional logic, the platform automates key processes like claims approvals, underwriting, and policy renewals—eliminating manual intervention and ensuring timely, accurate outcomes. 🧠 Expert System Logic: Business logic is centralized in SQL stored procedures, acting as an expert decision-making engine. Complex operations such as risk assessments and financial calculations are performed with precision based on predefined rules. 🔄 Contextual Process Execution: Every system or user action triggers a series of intelligent, conditional tasks, driving the workflow forward. Whether it's escalating a claim or issuing compliance warnings, the platform adapts seamlessly to dynamic scenarios. 🤖 Intelligent Automation: Orchestrating over 600 interconnected activities, the TISCO platform processes data in real time, automating core functions like underwriting, claims handling, and financial reconciliation. At TISCO, we’re committed to empowering insurers with the tools to enhance productivity, reduce errors, and scale operations—all with the power of AI-driven automation. #howtiscoworks #InsuranceTech #AI #Automation #InsurTech #WorkflowOptimization #conditionalAI #DynamicReinsurance

    • No alternative text description for this image
  • When people ask, "Why don't you have a sales team for your system?" our answer is simple: our clients are our salesmen. 💼 #howtiscoorks #insuretech #insuranceplatform

    View profile for Kurt Groenewald, graphic

    Founder & Senior Executive at TISCO Systems | Insurance Software Design & Implementation | Business Process Analysis

    "The Truth in Code: Why We Don't Have Salesmen at TISCO" This morning, I had a personal realization that reinforced why we approach things the way we do at TISCO. Our commitment to being hands-on with the system—from development to implementation—comes from a belief that truth and transparency should guide every aspect of what we deliver. When people ask, "Why don't you have a sales team for your system?" our answer is simple: our clients are our salesmen. 💼 Their daily experience speaks louder than any pitch. If their journey is filled with pain points, it’s a direct reflection of the system itself. That’s why we believe in the truth behind every line of code we write. 💻 I personally wear many hats—business analyst, configurator, and implementation manager—because I want to be hands-on, to face client pain points head-on. I’m the one stepping on the LEGO blocks with them. 🧩 But here’s the heart of it: in a world where software is often sold based on promises and hypotheticals, we take a different approach. We only sell what we have. Every feature is real, every function is tested, and every promise is delivered. ✅ Selling promises that don’t yet exist is unethical. We've all heard the stories of users who were promised cutting-edge functionality only to end up frustrated when reality didn't meet expectations. These users are left trying to make broken systems work or, worse, facing the pain of migrating to something else. 🛠️💔 At TISCO, we believe in transparency. We don't sell hypothetical futures—we show you exactly what we've built and how it works today. 🚗🔧 Want to test drive what we have? Ask us for a proof of concept. We don’t hide behind promises—what you see is what you get. Transparent, truthful, and real. 🌱✨ #howtiscoworks #proofofconcept #insuranceplatform #insurancesystems #insuretech

    • No alternative text description for this image
  • Following on a recent post by Linden Birns from Plane Talking, we are inspired to Honour the late Herman Potgieter: A Legend in Aviation Photography ✈️📸 https://lnkd.in/dDztyZPt ✈️📸 Honoring Herman Potgieter: A Legend in Aviation Photography ✈️📸 At TISCO Systems, we celebrate the life and legacy of Herman Potgieter, a true icon in aviation photography. Herman’s extraordinary ability to capture the essence and energy of flight transformed the way we view the skies, immortalizing moments that connect us to the power, grace, and beauty of aviation. 🌍☁️

    View profile for Kurt Groenewald, graphic

    Founder & Senior Executive at TISCO Systems | Insurance Software Design & Implementation | Business Process Analysis

    Following on a recent post by Linden Birns from Plane Talking, we are inspired to Honor the late Herman Potgieter: A Legend in Aviation Photography ✈️📸 https://lnkd.in/dYiQaUQR ✈️📸 Honoring Herman Potgieter: A Legend in Aviation Photography ✈️📸 At TISCO Systems, we celebrate the life and legacy of Herman Potgieter, a true icon in aviation photography. Herman’s extraordinary ability to capture the essence and energy of flight transformed the way we view the skies, immortalizing moments that connect us to the power, grace, and beauty of aviation. 🌍☁️ Personally, I had the privilege of knowing Herman, not just as a celebrated photographer but also as his insurance broker. My connection with him was rooted in our shared passion for aviation—especially the world of gliding, which has been a lifelong love of mine. 🛫 So today, as both a friend and a fellow aviation enthusiast, I join many others in honoring his remarkable life and work. ✨ A visionary behind the lens, Herman’s photography transcended mere documentation; it told stories of courage, innovation, and the relentless pursuit of human flight. 🚁 His images captured the magic of aircraft in motion—soaring through clear blue skies or battling the elements—always with an eye for perfection. 🌟 Herman’s contribution to the aviation world is immeasurable. He inspired future generations of photographers while sharing the rich history of aviation with enthusiasts globally. His dedication and artistic vision earned him widespread recognition and respect in both aviation and photography communities. Today, at TISCO Systems, we honor not only the stunning images Herman captured but the passion that inspired so many. His legacy will continue to soar high, just like the planes he so loved to photograph. 💫✈️ Thank you, Herman, for showing us the world through your eyes and for reminding us to always look up and dream. 📷✨ #aviationphotography #howtiscoworks picture of Herman taken by Chris Marais, posted on the Karoo Space website picture of Mirage F1 dropping flares signed by Herman and the cover page for the book - More than GAME Picture of a Dak low level Pictures of front page and back page inner of More than GAME

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • Proud to be asaociated with Hollard in partnership with Barker Insurance. Rhett Barker & Lloyd Barker

    View profile for Jonathan Crisp, graphic

    Hollard Insurance

    Yesterday was an #unforgettable, unifying and unbelievably spectacular day at the office. I had the opportunity to take some pictures with #JoeyRasdien, Donovan Goliath (MC for the Day 😉) and of course I had to sneak one picture in with Our esteemed #Leadership 💜 I can only be #Grateful Yes #LadiesandGentlemen I also looked up some awesome words that begins with #Un... #Uncover the unseen possibilities..... #Unwavering commitment to quality and innovation..... #Unbeatable solutions.... #Unify people and technology for a brighter future"..... The #Unrelenting pursuit of awesomeness.... #Unleash the power within.... #InsureYourUnsure 💜 with Hollard Insurance Hollard Insure #Prepare for Life's #Unsures with #Hollard 💜 Just in case you missed it, and unsure where to view our new ad click the link https://lnkd.in/duUaYz-S

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image

Similar pages