Definition
Information repository where the configuration of any insurance element is stored.
Main elements and characteristics
- Metadata-based
- Adaptable to any company and insurance line
- Static and versioned parameterization nodes
- Inclusion of non-tabulated contents: texts, clauses, documents,...
- Parameterization of questionnaires
Available tools
- Parameter modeller: Parameter maintenance systems by the technical user
- Mini-workshops: Thematic parameterization systems for different insurance elements
- Product wizards: Guided maintenance process with the possibility of duplicating, modifying, consulting and validating a business line with its associated products
- Promotion between environments
Definition
Platform which allows defining and calculating company needs for any insurance line.
Main elements and characteristics
- Integrated with product definition
- Includes user definition and configuration of tariff tables
- In-house repository of formulas
- Definition and versioning of formulation flows
- Multi-channel, multi-tariff and multi-product system
- Tracking of intermediate calculations
Available tools
- Tariff modelling
- Creation of tariff tables by the user
- Calculation factors definition
- Maintenance of rates on the modelled tariff
- Assignment of specialized search engines
- Formula repository
- Adding and maintaining formulas in the repository
- Assigning price charts to formulas
- Differentiation of formulas programmed by the technical and the computer user
- Formulation flows
Assignment of formula flow to be used in calculators through multi-level systems.
The levels are:
- Production / portfolio / pre-portfolio / others
- Channel
- Business line
- Modality
- Coverage
- Surcharge / tax
- Other
- Automated promotion between environments
- Unit and massive simulation systems
Definition
Expert Systems are a set of rules which interact in a particular order and sequencing, in order to answer to a company policy. The systems are categorized by the areas on which they interact. In this sense, the following expert systems are detailed::
- Underwriting
- Non-paymnent
- Decision
- Refund
- Fraud
- Payment
- Claim opening
- Risk verification
Main elements and characteristics
- Contains its own rules repository
- Enables assignment of competencies and authorization levels
- It has self-configurable parameterization systems with the chance of versioning
Available tools
- Rule repository
- Addition and maintenance of rules in the repository, allowing their control and reuse
- Flow control module for expert systems where the order and segments of rules to be invoked are defined
- Promotional tools between environments
- Programming systems by the technical user
- Unit and massive simulation systems
