Rapid templatized solution for MGAs/MGUs/Brokers to create and sell tailored new products for niche groups. The decupled solution supports the design and creation of Programs /Umbrella products (even backed by different carriers) to enable agile customization, tailoring (per region, client).

Needs:

§ Insureds look for personalized / relevant coverages that are holistic in nature and are combined as one product

§ Need to create tailored new products or services from existing capabilities that are rapidly customized for niche groups to meet the unique expectations and risk needs of these groups

§ Increase Producer productivity by digital platforms that provide intuitive quote-to-bind features with workflows and automation, online information of products, self-service capabilities for insureds

Features:

§ Product Configurator: Industry blueprints to configure and define the Product attributes and combinations to serve the unique group

§ Rater capability with ability for business to configure rating rules for new products and modify existing ones by adjusting rating rules

§ Ability to maintain versions of different configurations added over time

§ Digital engagement platform with personalization and marketing capabilities

§ A non-programmatic way to author and publish content, update configurations (configuration driven behavior)

§ Multi-site capability to support launch of products and microsites along with multi-lingual support and dynamic forms

§ Integration capability to securely connect with internal apps, external partner services including payment gateways

Benefits:

Fast time to market when launching new Programs
Digital platform will deliver excellent customer experience
Greater distribution reach
Increased sales
Reduce manual effort on Producers to support existing customers and free them to create new Programs
Use shared technology foundation across Programs and reduce technical debt
Reduce cost of business with increased efficiency
Use content to generate leads on digital channels
Deliver ease of doing business for partners and customers

Coforge Insurforge FrameworkCoforge Limited

Coforge Insurforge Framework

Coforge Limited

Coforge Insurforge Framework

Coforge Limited

Coforge Insurforge Framework
Coforge Limited