Overview
SymbioSys Product Configurator enables Insurers to quickly configure Life, Annuity, Pension, and Health products with an ability to integrate their front-end tool. It provides flexibility for Insurers or IT solution providers to develop the front-end mobile app or web solution powered with proven Product Configurator to enjoy the best of both worlds. Said service comes with ready-to-use API’s and SDK’s for computing premium/sum assured, generating illustrations, validating the captured data, providing the UI behaviour etc.
SymbioSys Product configurator has configured over 500 base plans and 1000+ riders so far and caters to the need of global insurance markets.
Availability:
On Premise
On Cloud
Functional Overview Diagram
Business Challenges
- Ability to create target segment specific variations within same product
- Ability to have 2 versions of product available for selling, in parallel
- Ease of integrating product engine with home grown digital apps
- Customer engagement tools for mapping life events for informed decision making
Business Drivers
- Ability to launch innovative products in short time
- Support for calculating premium for Standard and risk-based loading
- Availability across diverse digital platforms in connected and disconnected mode
Key Features
- Unified Product Configurator with availability across diverse digital platforms
- Ready integration layer with API’s (Online) and SDK’s (for offline iOS and Android apps)intuitive UI’s, intelligent validations at source
- Create innovative sales offerings within same product with unique packaging options
- Ease of configuring Riders along with Plan-Rider association rules
- Ability to configure products for Joint life, Supplementary life, multi-lives etc.
Business Benefits
- Short time to launch innovative products
- Ease of creating product variations for specific partners or customer segment
- Ease of integration with any front-end tool on diverse platforms
- Availability in connected and disconnected mode
Case Study
Excellence is not attained in a day! Our teams have worked beyond expectations to attain in-depth knowledge and offer customized solutions to our clients and partners. We carefully analyse our reach and every strategy to stay true to the time.
Enhancing Agent Outreach in Remote Areas with Mobile Offline Capabilities
One of Indonesia’s top 3 Insurers is engaged in selling a variety of products and services for life, health, &…
Reduce Insurers New Business Cost & Time, To Launch New Products
A leading European Insurer in Indonesia decided to adopt the SymbioSys Sales Tool to spearhead its’ Digital journey.
SymbioSys Sales Tool Transforms your Product Time to Market, Permanently
A fast-growing local Indonesian Insurer with over 12,500 agents and more than 100 sales offices spread widely throughout Indonesia chose…
