Product configurator software enables companies to efficiently sell and process orders for configurable, multioption, and customizable products and services. Bindexpress product configurator shortcuts this entire process by empowering product underwriters, actuaries and business analysts to develop insurance products and to prepare them for it integration at the same time. As said before the product in health insurance appears to be complex and. Developed in europe by firm known for insurance expertise in production for 8 years primarily used in europe as product builder and illustration engine. As insurers receive consumer feedback pega makes it easy to rapidly adjust and reconfigure products and procedures. Insurance product templates are included to facilitate the development of product variations from alreadylaunched products. Cpq software for manufacturers of complex products. Whether youre expanding existing product lines or exploring new channels, dxcs systems deliver results. The hottest trend for the next five years is the possibility to configure the insurance package. This star rating of the post below was determined by two factors. Unified product platform is the answer to the inefficient processes, poorly integrated systems, and the complex compliance regulations of todays insurance industry. With tacton, the complexity of your product portfolio will never be a limiting factor using our product configurator.
Preloaded with the industrys most comprehensive insurance product content, product accelerator allows for rapid time to market and reduces reliance on it staff by allowing nontechnical users to configure both calculations and product definitions with graphical, draganddrop software. A product configurator is only as good as product management and engineering teams. Product configuration for insurance plans, underwriting, and. It may look like a box where you add different benefits. All created by our global community of independent web designers and developers. User interface configurator tinqin insurance software. Product configurators a product configurator is standalone software that supports insurance product development activities, including pricing, product modeling and testing. It is a scalable, nonmainframe solution with complete administration capabilities. Cloudbased configurepricequote software cpqsync cincom. Knowledgebased configuration, or also referred to as product configuration or product customization, is an activity of customising a product to meet the needs of a particular customer. It increase revenues while reducing costs by automating much of the sales, order entry, and engineering processes.
Product design studio tinqin insurance software solutions. Property and casualty insurance it services and software. Inclusive of all of the features you need plus clever extras youll love. Central components are a workbench, a calculation engine and a graphical user interface. Product brochure ebaotech grouplife solution for life insurance. Product configuration user guide this guide is to be used with the product configuration pc, a webbased insurance product modeling solution that centralizes product data and validation rule definitions and provides a single product schema reference for integrated external systems. Designed for a clean and uncluttered userexperience. Underwriting the underwriting module includes embedded. Apply to product manager, erp configurator, salesforce configurator and more.
Product configurator software 2020 best application. With product configuration inside plm, you can meet the demand for more advanced and varied product offerings, without driving up costs. The step solutions product configurator is a userfriendly interface that enables. Our software development team is committed to delivering applications that are. Cincom cpq software is an enterprise configurepricequote platform that improves the buying experience for b2b customers. Powerful and reliable, powertrak product configurator improves the governance, guidance, and efficiencies of selling unique combinations of products andor services. Cis configurator vs zoovu 2020 feature and pricing comparison. Our software is offered as part of our foundry family of products that addresses product configuration, rating, underwriting and. Alip university product configuration and aace accenture. These features allow for extensive indepth analysis of current and historical.
Achieve innovation and integration across operations. A product configurator is standalone software that supports insurance product development activities, including pricing, product modeling and testing. Leverage the product configuration backbone in teamcenter to provide a common definition of variability across the lifecycle. Pega applications for insurers features an intuitive insurance product configurator that enables business users to drive the. A simple way to manage complex health insurance products asc. In this regard pegas software acts as an insurance product configurator to help create and test new products and bring them to market quickly. Steelbricks webbased product configurator software allows sales reps to quickly configure product packages within proposals for your customers. Quickly change quantities, add discounts, and configure packages easily. Advanced configuration software for rapid product introduction preloaded with the industrys most comprehensive insurance product content, product accelerator allows for rapid time to market and reduces reliance on it staff by allowing nontechnical users to configure both calculations and product definitions with graphical, draganddrop software. Get 67 product configurator wordpress themes on themeforest. We deliver qualitycentric, scalable software, engineered in compliance with industry standards and supported by a secure, integrated infrastructure.
Life insurance product configuration platform sales distribution insurance api platform. Download free product configuration software define instruments. Beginning with product configuration, cincom cpq creates realtime pricing and quoting options with guided recommendations, and delivers proposals on the fly. This process goes back and forth repeatedly until the product is ready for testing. Product configurator the product configurator accelerates the launch of new life insurance products through easytouse screens and tools. Go from lead all the way to cash and take the pain out of quoting with webbased product configurator software that automates the critical last mile of your sales process. A new generation of web shoppers with advances in internet interfaces and a growing demand for inter. A complex product configurator for manufacturing by tacton. When researching different insurance software systems, youll find a lot of variance in functionality. Product configuration siemens digital industries software.
The user interface configurator uic is a powerful software solution that allows to build a user designed and personalised workspace. Oracle insurance product configuration is a webbased insurance product modeling solution that has the functionality to address carriers needs from individual products to complex portfolios. Insurers should know their role and value within the product development process, and how they complement the existing it landscape. Pega applications for insurers features an intuitive insurance product configurator that enables business users to drive the product creation process. Product configurator insurance product configuration drives your entire lifecycle transaction. Go from lead all the way to cash and take the pain out of quoting with webbased product configurator software that. Enterprise product configurator epc solution helps to reduce the time to market for insurance and takaful products. The graphical user interface is organised according to the specific users work process and brings immediate value to the operational efficiency. Manage efficiently your insurance products portfolio. Bindexpress product configurator shortcuts this entire process by empowering product underwriters, actuaries and business analysts to develop insurance products and.
The step solutions product configurator is a userfriendly interface that enables product configuration by specific business user. Cpqsync, by cincom, is a cloudbased cpq solution that provides microsoft dynamics users a better way to configure, price and quote complex products and services. Product configuration iba insurance business applications. Sales configurator software, and more specifically, product configurator software, comes in a wide range of varieties, formats and sophistication. Dxc graphtalk is a global insurance administration software solution for life, pensions, health and general insurance. The systems easy to navigate interface offers users a complete product definition and configuration of product. Product configuration for insurance plans, underwriting. Upps flexible nature allows for a dynamic response to market changes, ensuring sustainable growth. The product design studio pds is an innovative, flexible and optimised software solution to configure and to maintain efficiently the insurance products portfolio.
Companies in industries like retail, manufacturing, banking and finance, insurance and telecommunications use zoovu digital assistants to simplify. Sep 24, 2010 product configurators continue to evolve and gain interest among global property and casualty and life insurers. Insis product configurator enables business users to quickly assemble insurance products with detailed reusable components and without support from their. For us pc specialization is not just expertise on widely used applications, it is also a deep understanding of pc insurance line of business products, actuarial models, underwriting rule sets, rating. Aug 25, 2016 a product configurator is only as good as product management and engineering teams.
We invite you to explore our families of systems for insurance. Technicon offers design automation tools to generate documents, 3d cad models. Aug 22, 2011 per wikipedia, a product configurator has traditionally been defined simply as a computer aided manufacturing system to produce a custom output. Our solutions successfully span all insurance verticals. This introductory course offers a broad overview of all the components associated with product configuration in the alip platform and is designed to empower the user with the skills to master the components of the calculation engine aace. Powertrak product configurator is a robust, cloudbased product configuration solution developed by axonom powertrak, a leading configurepricequote cpq software provider.
Group life insurance software for global markets and realtime results. The product in question may consist of mechanical parts, services, and software. Oct 19, 2016 october 19, 2016 by clients first south central. Policy administration systems and product development with pegasystems. Insurance buyers rely on you to provide quick, accurate assessments of their situations, and the ability to perform selfservice requests on their own time.
Powerful business rules configuration and rating engine simulation toolset impact. An insurance product configurator that puts business users in the drivers seat. There are four essential steps to take to get the right variant of the accounting software for insurance brokers that will bring benefit. The implications of those decisions impact people across the product lifecycle. We offer a range of free software to configure our products. With oracle insurance product configuration, carriers can deliver product to market faster and build competitive differentiation. Without a product configurator, or similar product management tool, sales reps and customers will try to use products for purposes they were never intended. Pegasystems life insurance software platform features an intuitive insurance product configurator that enables users to drive product creation. The essential core systems that support the property and casualty insurance lifecycle including underwriting, policy, billing, and claims managementa central source for all critical customer and financial data, rate and product definitions, workflows and business rules, across all lines of business. Product configurator wordpress themes from themeforest. The product design studio pds is an innovative, flexible and optimised software solution to. Insurance product configuration drives your entire lifecycle transaction. Product configuration in ibsuite is agile and enables your business to create new products in hours and leverage them. Fast forward your ability to accelerate product introduction, enhance customer satisfaction and drive growth.