IN PRODUCTION AND ONGOING MAINTENANCE

Builder Toolkit

Manage and adapt insurance products with Solartis Builder's product maintenance capabilities. Easily create, update, and customize your products.

CHALLENGE

Insurance administrators face difficulties with legacy systems that lack flexibility, making it hard to manage evolving requirements, regulatory changes, and state-specific updates.

These systems lead to inefficiencies, delays, and higher costs, while requiring manual effort and technical expertise for tasks like version control and rate updates. This slows down product delivery and hinders innovation.

SOLUTION

Once your insurance product is configured, the Solartis Builder’s low-code capabilities enable you (or Solartis) to efficiently manage and adapt every aspect of your insurance product(s) as they change over time.

With Solartis Builder, you can seamlessly:

Create and Manage New Products: Simplify product creation and updates.
Version Control: Maintain and manage different product versions with ease.
State Management: Configure and manage state-specific details, including additions, moratoriums, and more.
Coverage Options: Add, update, and manage coverages to keep your product offerings current.
Rate Tables: Modify and maintain rate tables, ensuring accurate pricing.
Lookup Tables: Manage lookup tables for deductibles, limits, classes of business, and more.
UI/UX Customization: Adjust UI/UX screens and their questions to meet evolving needs.
Document Management: Configure new documents, update existing documents, and manage their forms and rules.
Processing and Underwriting Rules: Update processing and underwriting rules as required.
Commissions: Configure and maintain commissions for MGAs and Agents / Brokers.
Microservice Adjustments: Modify rating, document generation, and underwriting microservices to align with changing product needs.

Comprehensive Testing

Conduct in-depth testing at both the microservice and program levels before deploying changes to production.

Seamless Promotion

Transition your product changes from DEVELOPMENT to TEST to LIVE modes without any technical involvement.

Independent Deployment and Development

Teams can work on different components simultaneously, accelerating development cycles and supporting continuous delivery and integration.

Scalability

Microservices can be scaled independently based on demand, ensuring that high traffic on one service (e.g., rating) doesn’t impact others (e.g., document management).

Resilience

A failure in one component doesn’t compromise the entire system, enhancing reliability and enabling quicker issue resolution.

Technological Flexibility

Teams can choose the best technologies and frameworks for their specific services, fostering innovation and using the most suitable tools for each task.

Ease of Maintenance

Clearly defined boundaries simplify maintenance and updates, reducing complexity and minimizing conflicts.

Improved Testing

Each microservice can be tested independently, ensuring changes in one service don’t affect others, resulting in more robust and reliable software.

Solartis Insure