What is the one thing customers seek from an insurer? Personalised service and products, discount on premiums, or something else? Well, we have discovered it all starts and ends with the “product”. The company’s ability to respond quickly to evolving consumer demands and increase speed to market have a huge impact on the business’s success and customer satisfaction.

Gartner defines Product Configurator as – “A stand-alone software that supports insurance product development activities, including pricing, product modeling and testing. Central components are a workbench, a calculation engine and a graphical user interface.