Configure Insurance Products Without Limits


Posted on 25th May 2021

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Configure Insurance Products Without Limits

Posted on 25th May 2021

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The insurance industry is full of intelligent and innovative individuals, who have spent years honing their skills in the marketplace. These individuals have incredible ideas on how to perfect the customer experience yet are confined by legacy systems that require insurers to stick with the same look and feel as their competitors.

If the industry is filled with experts, then why do we put these people in a box? Rather than being another cog in the insurance platform wheel, we should be allowing these experts freedom to build products to meet customer expectations, while helping their organization improve their bottom line.

Legacy systems slow down success

The issue at hand is that many insurance companies have been bogged down by traditional legacy systems – those systems that take months to make changes or years to develop new products. And, instead of allowing business users to define the product, they rely on IT departments who are swamped with other enterprise initiatives. Thus, it is no wonder that many insurers stick with legacy systems because they are not empowered to change the status quo.

Yet there is hope – hope that these industry experts can (and should) be allowed to define new and change existing products. Rather than relying on IT departments, modern technology is paving the way for business users to develop new products, using SaaS-based platforms.

Modern technology enables freedom to configure products

At INSTANDA, we believe that configuring products are limited only by the imagination of the insurance provider. We allow the industry experts to define how they want the product to look and feel. While insurance might be complicated, we make configuring a product simple. This frees up the insurance experts’ time to focus on developing the best insurance product to meet the needs of their customers.

Our configuration team provides training to all of our clients, so they are empowered to configure the product with minimal guidance. To see how easy it is to configure the platform, watch this video:

Are you ready to experience the freedom of limitless configurations? Transform the way you do business forever with INSTANDA and build products that are uniquely yours. Contact us today or schedule a demo to learn more.



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