Singapore, 22/Apr/2022: NDFS a leader in P&C core insurance systems Today announced the general availability of its State of art NDFS Insurance Digital Platform (NIDP).
NDFS Insurance Digital Platform (NIDP)
NDFS Insurance Digital Platform (NIDP) accelerates building hyper-relevant customer experiences using B2B, B2C, B2B2C portals and Mobile apps.
The launch of NIDP is an exciting development given the P&C industry’s growth focus on new, innovative products and reaching new market segments that demand more personalized pricing and rating, stated Niraj Trivedi, Chief Product Officer at NDFS. NDFS insurance Digital Platform (NIDP) bundles market-leading low code application platform (LCAP) component from OutSystems, and state of the art indigenous integration component - NDFS integration platform (NIP).
NIDP is available as a cloud-based Platform as a Service (PaaS) to build digital insurance experience apps. NIDP contains ready to use accelerators to speed up the creation of digital experience apps. The accelerators are built based on four decades of NDFS domain expertise and are available in the form of insurance-specific customer journeys, templates & snippets like policy issuance, claim processing, customer 360, agent 360, policy 360 etc.
NIDP is pre-integrated with NDFS Core System – FirstGen. FirstGen’s metadata-based product configurator allows to the setup of new insurance products at lightning speed. A product defined in FirstGen is pre-integrated with NIDP using auto-generated product-specific APIs exposed via NIP and API Sandbox. As these APIs are pre-integrated with NIDP’s LCAP component, building hyper-relevant digital customer experience is possible in weeks instead of months and years.
NIDP can easily integrate with any 3rd party core system using its indigenous integration platform (NIP) and build digital experience apps using its LCAP based insurance domain-specific accelerators.
For extreme speed to market, NIDP comes with ecosystem components like rating and document creation service that makes the launch of greenfield products, even more, simpler and quicker.
NIDP is going to revolutionize the way digital insurance experiences are created, added Niraj Trivedi, Chief Product Officer, NDFS.