Vendors
日本語

Product Machine

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)

Overview

Product Machine is a modular platform that simplifies insurance business processes, helping companies define and manage products, and its pricing, in order to personalise and distribute products on the correct channel for the client.

Key Features

- Huge flexibility for product configuration and tarification/pricing

- Open meta model allowing the adaptation of the Data Model to the customer specifics

- Reference Models for Life, P&C and Health Insurance

- Ability to configure products, rules and pricing calculation at any level of granularity (product, coverage, sub-coverage, insured person, etc...)

- Testing Accelerator to speed up the testing cycle

Key Benefits

Main benefits for Insurance companies include:

  • Speed up time to market.
  • Reduce the cost of product development.
  • Guarantee Data Accuracy And Consistency Between Systems.
  • Centralise product knowledge in a unique system of rules.
  • Improve Pricing Consistency And Accuracy.

Product/Service details

SOLUTION OR SERVICE TYPE