Neutrinos’ Newsprout Product Configurator is a comprehensive solution that simplifies the rollout and integration of new products across the insurance application landscape. It is typically a complex application development and integration exercise to launch new products due to the need to configure product rules across different processes such as product recommendation, illustration, quote, policy issuance, claims etc. Neusprout solves these challenges elegantly by providing a single source of truth for product configurations and rules that can be orchestrated across the entire digital process landscape, bringing consistency, speed and simplicity in product configuration.

Neusprout has been implemented in insurance sales and servicing journeys for major insurers across risklines. The product configurator helped these clients cut down product launch times by more than 5X, reducing timelines from several months to just weeks, and eliminating IT dependency for product pricing rules, recommendation rules and quote management configuration. It proved instrumental in solving a major bottleneck in insurance digital transformation by moving the product rulesets, typically set in legacy systems, into the cloud with an API form factor, thereby decoupling digital initiatives from legacy changes and performance constraints.

Neusprout manages the product lifecycle across configuration, rules configuration for discovery, calculations and validations. Built on the Neutrinos Composable Digitalization Platform, it is easy to integrate this API-led product into different digital experience and process applications. Rules can be configured, tested and simulated by business users without IT and Policy Admin Systems’ involvement.