INITIAL PRODUCT CONFIGURATION

Requirements Analysis

Explore our step-by-step process for gathering and documenting your project criteria. Mitigate risks and plan for a successful launch.

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CHALLENGE

Poorly structured requirements can lead to delays, miscommunication, and increased implementation risks. This results in misaligned configurations, regulatory issues, and costly rework, ultimately slowing innovation. A well-structured, detailed approach ensures agility, faster product delivery, and personalized customer experiences, even when managing complex risks.

SOLUTION

We believe the key to a successful implementation is documenting all requirements in a format that everyone can understand. Most importantly, we ensure alignment and set clear expectations from the start. Our streamlined process for gathering and documenting requirements ensures a smooth implementation.

Our Approach

We offer three options to jump-start, expedite, and ensure the success of your implementation. We begin by extracting base product content from the Solartis Insure platform into Excel worksheets, which serve as the foundation for your customized solution—whether your insurance program is ISO-based, non-ISO, or completely custom.

These workbooks are then tailored to your specific program requirements, documenting everything from required policy life cycle functionality, UI/UX questions and business flow, your policy documents and their form rules, business and underwriting rules, integrations, and data migration.

Solartis Lines of Business Base Products

These pre-configured base products include rating for ISO and common non-ISO programs. They also include full policy life cycle functionality, UI/UX screens, non-customer-specific documents and rules, multi-state rating, and surplus lines taxes. Testing is enabled at the microservice level, with promotion from development to live environments.

Solartis Shell Products

Our shell products are flexible, line-of-business-agnostic solutions designed to jump-start your product configuration. These products provide the full policy life cycle functionality needed to manage any insurance program.

They include line-of-business-agnostic screens, workflows, policy documents, and processing rules. Since there is no pre-configured rating, you have the flexibility to fully customize the rating structure to your program’s specific needs.

Solartis Custom Product Creation

If neither option fits your needs, we offer the flexibility to create new products from scratch. This allows you to design non-standard insurance programs, enabling innovation and customization for unique offerings.

The Benefits

  • Efficiency: Our process is highly efficient, speeding up configuration.
  • Comprehensive Documentation: Thorough documentation ensures nothing is overlooked.
  • Clear Communication: Our approach fosters clear understanding among all stakeholders.

At Solartis, we are committed to making the requirements analysis seamless and effective, ensuring a successful implementation of your insurance products.

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Product Configuration

Spotlight On: Customer Requirements Analysis

A clear understanding of customer requirements is critical to the successful implementation of any policy administration system.

Requirements Analysis clearly identifies business requirements and user expectations through effective communication and information gathering, we establish a congenial, collaborative tone for engagement.

See how Solartis accomplishes a comprehensive customer requirements analysis in this article.

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