Product innovations in German life insurance
Healthcare is changing. Regulations and mandates, along with financial pressures to reduce cost, directly conflict with the increasing demands of the savvy, individualized consumer. In the digitalized world, you now must marry that complexity and demand with a sophisticated and efficient back office.
The Unified Product Platform transforms your business from complexity to clarity by helping you define your offerings and develop, distribute and deliver them to your members. Utilizing the power of a single source of truth, your business products are dissembled into reusable components that can be reassembled into a workflow that ensures accuracy, consistency, and collaboration throughout your organization.
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Single point of truth
Centralize and store all of your product data in a digital warehouse, making management simple. By reusing granular components of data, you can be confident that product information is accurate and consistent across your organization.
The platform's open APIs allow for simplified integration with existing systems, leveraging your investments and enabling fast adoption. With information reused from the single source of truth, the behavior of downstream systems accurately reflects your product offerings.
With an automated workflow, you can easily generate any output document, either static or dynamic, and produce compliant-ready documents like SBCs and Member Certificates.
With the power of granular product data or pre-packaged standards, you can quickly configure plans— from individual to ASO— to distribute to market. User guardrails eliminate timely and costly errors, ensuring you maintain a competitive advantage.
By applying manufacturing principles to the business of insurance, you are enabled to:
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