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.
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SOLUTION OR SERVICE TYPE