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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.
- 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
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.
SOLUTION OR SERVICE TYPE