With our policy management software Faktor-IPM, you benefit from a holistic insurance policy management system with integrated sample content for all non-life policies, commercial and motor vehicle lines of business.
In an increasingly digitalized world, speed and service quality are crucial for insurance companies to remain competitive in the long term. Shorter innovation cycles, growing customer demands and increasing competition require maximum flexibility – also in policy management.
With Faktor-IPM we offer a smart software solution for the policy management of all non-life and commercial lines as well as motor insurance, legal protection and supplemental health insurance. Faktor-IPM contains all the necessary core functions for efficient insurance policy management. The software is customized to the needs and objectives of the department, because we develop it in constant dialogue with our customers. The sample content provided is a success factor for the rapid and successful implementation of policy management. Faktor-IPM also includes standard components. For example, standard components as separate management of no-claims bonuses and small fleets are already integrated in the motor line of business.
Faktor-IPM ensures, thanks to a high degree of dark processing, efficient management of contracts and promotes a sustainable reduction of your operating costs. At the same time, the integrated Faktor-IPS product system allows you to flexibly model both product and contract structures, thus achieving a fast time-to-market and reacting agilely to new market conditions. Functions such as historization, billing, business transaction control, etc. are included as standard and complete the prerequisites for solid policy management. To ensure that you also satisfy the customers of the future, Faktor-IPM already supports the “pay-as-you-drive” concept or situational insurance products.
“The new software from Faktor Zehn increases efficiency and the degree of automation enormously. This is a major advantage for us, especially in the price-sensitive automotive business. This is made possible by the high degree of dark processing in the end-to-end processes.”
“By working closely with Faktor Zehn and using Faktor-IPS and Faktor-IPM, we manage to automate our business processes around product development and policy management to the greatest possible extent. This enables us to react faster and more effectively to market events and customer needs.”
Line of business add-ons for private non-life lines, motor, commercial, legal protection and supplemental health accelerate the implementation project and minimize risk and costs.
Contract and product model as well as process definition can be adapted quickly and flexibly. The introduction of new products is straightforward and enables a fast time-to-market.
Two-dimensional history management, version comparison and a flexible configuration enable qualified processing and a high degree of automation.
Line of business add-ons for private non-life lines, motor, commercial, legal protection and supplemental health accelerate the implementation project and minimize risk and costs.
Two-dimensional history management, version comparison and a flexible configuration enable qualified processing and a high degree of automation.
Contract and product model as well as process definition can be adapted quickly and flexibly. The introduction of new products is straightforward and enables a fast time-to-market.
Line of business add-ons for private non-life lines, motor, commercial, legal protection and supplemental health accelerate the implementation project and minimize risk and costs.
Contract and product model as well as process definition can be adapted quickly and flexibly. The introduction of new products is straightforward and enables a fast time-to-market.
Two-dimensional history management, version comparison and a flexible configuration enable qualified processing and a high degree of automation.
Learn more about Faktor-IPM policy management software in our product flyer.
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