From idea to product: The IT and resource dilemma
Insurers, brokers and agents have to move quickly to meet the changing needs of their customers. Speed is the key to a competitive edge. But the road to a marketable insurance product is often slow-going. The IT infrastructure may be outdated, updates and maintenance eat up time and budgets. Furthermore, available resources are limited and budgets are usually tight.
It therefore often takes up to two years from the initial idea to market launch. A long time in which you put your lead at risk.
Get started with an automated underwriting platform
With REALYTIX ZERO, you can launch, distribute and scale new or existing insurance products significantly faster, reduce costs and increase process efficiency. Product design, pricing, distribution and administration can be done using a fully digital process on a single, cloud-based platform. The unique self-configuration capabilities allow quick implementation and adaptation of your insurance products.
Additionally, REALYTIX ZERO can eliminate the need for complicated manual processes when reinsuring facultative risks. A completely digital and automated underwriting process enables you to obtain superior Munich Re capacity in just a few clicks.