Faktor-IPS, the product system for insurance companies

Faktor-IPS enables you to define and design modular products and services centrally for all sales channels and back-end systems in your company, and takes advantage of modern, transparent interfaces and extensive functionality. Faktor-IPS can be used for all types of insurance.

Model-driven approach – Faktor-IPS guarantees success

The model-driven approach means that Faktor-IPS is much more than a product system. Faktor-IPS generates Java code from the defined product and contract models. This code can then be used directly for your system applications (offer, contract systems etc.), as well as for the integration with the interfacing systems. There is always the option of changing the code manually and extending the model.

Faktor-IPS as a development platform for quotations/offers, claims and policy systems

In conjunction with linkki, our open source interface framework, Faktor-IPS forms the development platform for our core insurance solutions and for our suite. Our customers also use Faktor-IPS to develop their own solutions (offer and policy systems). The benefits include fast time-to-market and low maintenance efforts.