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Product Development

Product Development designs and implements new insurance products and modifies existing offerings to meet market needs. This unit conducts market research, defines coverage terms, establishes pricing guidelines, and ensures products comply with regulatory requirements.

This department is part of the Insurance business area.

Products fall into the following categories:

• Product Lifecycle Management Software
• Market Research and Analytics Platforms
• Product Configuration Engines
• Regulatory Compliance Tracking Systems
• Collaborative Design Platforms
• Product Performance Dashboards