Configure products and tariffs using an internet browser and without IT resources.
Easily launch new insurance products in hours or days through existing and new channels. The direct way to new business. Using click-to-configure facilities of the Product Lab, build a product from scratch or from a template, including cover structure, risk elements, parameter data types and definitions, in addition to how the product is presented on the interface. Product configuration also encompasses premium calculations and tarrff definitions that are used to calculate premiums, fees, and taxes that become part of the customer’s policy.
IBSuite Product Lab works with any risk object and with any commercial business line.