360-Quote®

PRODUCT

360-Quote®

A low/no-code quote engine with sales innovation. We differentiate ourselves from legacy systems and competitors in the following:

  • 100% higher performance
  • 90% faster speed-to-market
  • 79% lower cost of development and testing

Besides offering greater agility and competitiveness, we are also always API ready with the option to integrate modules like 360-ProVestment®, 360-Portfolio®, and 360-ScenarioSimulator®.

Problem

Legacy systems and competitors have these existing issues:

      • Low performance
      • Slow speed-to-market, causing insurers to lose competitiveness
      • High IT development cost and risk of project delay and overruns
360-quote
360-quote

SOLUTION

We increase agility and competitiveness with 360-Quote®.

No / low-code and fuss-free product onboarding:

  • Enables easy upload of actuarial standardized and non-standardized excel file
  • Reads structural and logic components such as product rules, calculations, and formulas
  • Facilitates automated testing, benefit illustration and auto-generation of APIs

 

Low maintenance and high flexibility:

  • Adapts easily to changes in actuarial excel file such as logic change and rate tables, supporting product versioning
  • API-ready to onboard 3rd party distribution channels in as short as 3 days
  • Full integration capabilities with carriers’ existing planning and insurance systems including underwriting, and administration

 

Rich functionalities, critical ones including:

  • Runs pre-sale and in-force (re-projection) illustrations
  • Performs basic and complex calculations such as forward, reverse, bi-directional and sustainability-based premium, coverage, face value and policy values calculations
  • Embeds automated testing for illustration values such as premiums and cash values

Benefits

Immediate benefits

Based on production analytics

PERFORMANCE

100%

higher performance

With 360-Quote®, running a quote takes only 400 – 900 milliseconds.

SPEED TO MARKET

90%

faster

Let 360-Quote® accelerate time-to-production in 3 days.

RISK & COST

79%

less budget

With 360-Quote®, IT development budget is reduced to only 15%.

360f-api

API-first

Accelerate your product onboarding and quotation prowess.

360-quote

Time to move from product quote to solutioning

Empower yourself with optimized financial advice through our 360-ProVestment®.

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