Product Configuration

IBSuite Product Configuration provides insurers with tools to create and manage insurance products in an easy and flexible way; allowing quick adaptations to market demands and regulatory changes, ensuring both competitiveness and compliance. IBSuite has a comprehensive and highly flexible product model, that enables users to define, configure and maintain all types of property and casualty (and risk-based life) insurance products.
IBSuite enables insurers to configure classical as well as highly innovative products and new hybrid product / service combinations that truly differentiates in the market. Product configuration in IBSuite is agile and enables the business to be self-sufficient in creating new products in hours.

  • Dynamic product template creation with localization and customization options
  • Instant configuration updates and easy deployment
  • Endless configuration capabilities (single object - single cover; single object - multi cover; multi object - multi cover)
  • Master policy concept, e.g. used for fleets and partner agreements
  • Maintain any type of property & casualty as well as risk-based life insurance product
  • Integrate smoothly with external platforms and data providers


Rapid Product Development

Deploy new insurance products faster. Streamline the creation and launch of new products with dynamic configuration tools that shorten time to market and enhance responsiveness to consumer demands.

Customizable Offerings

Tailor products to meet specific market needs. Increase market penetration and customer satisfaction by offering customized insurance products that cater to specific demographic and regional requirements.

Regulatory Compliance Made Easy

Ensure products meet all legal standards. Automatically update products to comply with changing regulations, reducing risk and enhancing trust with customers and regulators.

IBSuite: The Ultimate Cloud-Native, End-2-End Insurance Platform

IBSuite is a cloud-native, end-to-end insurance platform ideal for comprehensive insurance core system replacements or innovative greenfield projects. It streamlines core processes such as sales, policy management, claims handling, and billing. With robust automation, an API-first approach, and adaptability to market changes, IBSuite enhances operational efficiency and customer experience through advanced CRM integration and data analytics. This positions IBSuite as a transformative industry force, elevating insurers to new levels of engagement and efficiency.

Unlock Your Insurance Business’s Hidden Potential – Schedule a Discovery Call Today

Experience a personalized consultation with our insurance technology experts. Let’s delve into your unique challenges, explore opportunities, and strategize how IBSuite can empower your insurance business for growth and success.

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