RapidSure Product Configurator - The Flexibility to Change with your Business
RapidSure Product Configurator manages the definition of insurance products by providing a component based architecture facilitating the ease of creating and maintaining new and existing product lines. Built to support the complexities of insurance products, Product Configurator delivers the tools necessary to define business rules, product components and user interactions.
Benefits:
- Increase user efficiencies through versioned product definition tools
- Accelerate time to market through the automation of the product development and definition process
- Reuse of components across product lines providing a single point of interaction
- Consolidation of product definition data
- Powerful scripting language for ease of business rule creation and modifications
- Control product releases and updates with built-in tools
- Automated test tools for system and regression testing
Features:
- Add new line of business with no programming
- Ability to define and reuse attributes for each line of business
- Policy lifecycle definition with over-ride capability by product
- Define and maintain detailed policy, risk and coverage rules and definitions
- Define risk and coverage interaction and dependencies
- Define coverage, risk and policy default values and characteristics
- Ability to track statutory reporting codes at any level within the structure
- Ability to link electronic documents to quotes and policies based on lifecycle rules
