An integrated product design and lifecycle management tool for insurance carriers. Features include visual product modeling, reusable components, rules configuration, testing environments, versioning, and deployment tools.
Systems that manage the entire insurance product lifecycle from conception through design, approval, launch, ongoing maintenance, and eventual retirement.
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Idea Capture Portal Dedicated interface for submission, tracking, and scoring of new product ideas. |
Documentation and solution briefs for ProductDesigner reference a dedicated interface for submission and tracking of new product ideas, serving as an idea capture portal. | |
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Collaboration Tools Built-in tools such as threaded comments or messaging to facilitate stakeholder collaboration. |
Vendor documentation describes collaboration features (comments, workflows), facilitating stakeholder collaboration. | |
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Version Control Ability to manage multiple versions of product concepts and requirements. |
ProductDesigner supports version control for both products and configurations as per the features outlined on the EIS Suite site. | |
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Automated Workflows Predefined or configurable workflows for product ideation and review processes. |
EIS Suite enables configurable and automated workflows for ideation and product review; described on vendor site. | |
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Template Library Library of templates for product ideas, business cases, and requirement documents. |
ProductDesigner offers reusable templates for products, requirements, and business case documentation. | |
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Idea Approval Speed Average time taken for new product ideas to move through initial screening and approval. |
No information available | |
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Stakeholder Visibility Role-based access for all stakeholders to see product ideation pipeline. |
Role-based visibility and permissions are referenced in ProductDesigner workflow documentation. | |
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Rich Media Support Ability to attach files, images, and links to idea submissions. |
ProductDesigner allows attachments of files and supporting documentation to product records. | |
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Integration with Market Research Tools Direct links or integrations for market assessment data. |
Integration capabilities include market research data feeds; referenced in technical overview. | |
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Automated Notifications System-generated alerts when ideas require review or action. |
Automated notification/alerting features for reviews and approvals are described in EIS Suite's workflow engine. |
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Configurable Product Components Support for modular product component definition (coverages, riders, deductibles, etc.). |
Modular, configurable product component modeling (coverages, riders, deductibles, etc.) is a core feature. | |
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Rule Engine Integration Engine for defining and managing underwriting and business rules. |
Integrated rule engine for business and underwriting rules is advertised for ProductDesigner. | |
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Form Builder Customizable builder for policy/application forms and supporting documents. |
Custom form and document builder is part of the ProductDesigner toolkit. | |
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Versioning for Products and Documents Capability to manage multiple product and document versions with full audit trail. |
Supports versioning of products and documents with full audit history according to EIS documentation. | |
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Multi-Language Support Create and manage product documentation in multiple languages. |
Multi-language support for product definitions and documentation is listed as available. | |
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Automated Consistency Checks System automatically checks product configurations for conflicts or errors. |
Automated consistency checks are part of the rules/configuration engine. | |
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Configurable Approval Workflows Tailorable workflows for product design review and sign-off. |
Configurable approval workflows are described in all solution literature for ProductDesigner. | |
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Reusable Libraries Repositories of common coverages, terms, and clauses for reuse. |
The solution offers libraries of reusable coverages and clauses. | |
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Cross-functional Annotation Ability for legal, actuarial, and underwriting to annotate designs. |
Cross-functional annotation and commenting features support input from legal/actuarial/underwriting. | |
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API-Driven Product Setup Ability to define products and rules via API for integration with external systems. |
EIS Suite provides API-driven product setup for integration with external systems. |
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Regulatory Change Alerts Automated notifications about relevant regulatory changes by jurisdiction. |
No information available | |
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Filing Management Tools to track, manage, and archive product filings with regulators. |
Filing management and archiving tools are available for regulatory submissions. | |
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Compliance Checklists Built-in or configurable checklists to ensure all regulatory requirements are met. |
Checklists for compliance are available and customizable. | |
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Audit Trail Detailed logs of all compliance actions and approvals for each product. |
Full audit trails/logs provided for each product's lifecycle and approvals. | |
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Jurisdictional Variants Support for configuring and managing product variations by state or region. |
Jurisdictional variants (state/region configurations) supported as per feature documentation. | |
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Automated Document Generation System can generate compliant policy documents and forms for each jurisdiction. |
Automated compliant document/form generation is a listed core feature. | |
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Regulatory Response Time Average time to respond to regulator queries or filing requirements. |
No information available | |
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Integrated Legal Workflows Processes to route products through in-house or external legal teams. |
Legal workflow routing is described as part of the approval and filing process. | |
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Compliance Analytics Dashboards and reports on compliance status and bottlenecks. |
Compliance analytics dashboards and status reporting are included in the product suite. | |
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Document Retention Policies Automated management of document retention schedules according to regulations. |
Document retention management is handled automatically according to regulatory policy settings. |
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Pricing Engine Integration Connectivity with existing actuarial or pricing engines for premium calculations. |
ProductDesigner offers connectivity to external pricing engines. | |
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Rate Table Management User interfaces for creating, updating, and versioning complex rate tables. |
UI and back-end for flexible rate table management is featured. | |
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Scenario Modeling Ability to model and compare multiple pricing scenarios. |
Scenario modeling tools included for rate and product strategy comparison. | |
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Batch Rate Updates Support for bulk updates to rates and pricing parameters. |
Batch rate updates are supported; referenced in release documentation. | |
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Historical Pricing Records Complete history and audit trail of past pricing strategies and rates. |
Complete pricing and rate history/audit are included. | |
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Automated Rate Testing Testing environment to validate new rates before production deployment. |
Automated rate testing and validation tooling included for QA before deployment. | |
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Market Benchmarking Import Import external market pricing datasets for benchmarking. |
Ability to import external market rate/benchmark datasets provided. | |
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Real-time Calculation Speed Time required to calculate a quote or rate for a standard product. |
No information available | |
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Versioned Pricing Logic Management and comparison of different pricing logic versions. |
Versioned pricing logic and comparison of versions available. | |
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Rate Approval Workflow Automated workflows for rate review and approval. |
Workflow support for rate review and approval automation. |
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Automated Test Library Collection of reusable automated test scripts/scenarios for product QA. |
Automated test library (regression and QA cases) part of the testing environment. | |
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Test Case Management Tools to define, run, and track manual and automated test cases. |
Test case management capabilities present in ProductDesigner QA suite. | |
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Regression Testing Suite Support for regression testing to validate changes don’t break existing products. |
Regression testing suite offered for changes and release control. | |
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Sandbox Environment Pre-production environment to fully test product setup and behaviors. |
Sandbox and pre-production environments provided for product/test setup. | |
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Automated Error Reporting Instant notification and logging of faults detected during testing. |
Automated defect/error reporting built in for QA/testing phases. | |
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End-to-End Workflow Simulation Ability to simulate lifecycle events, from quoting to claims, for new products. |
End-to-end workflow simulation available for product lifecycle scenarios. | |
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User Acceptance Testing (UAT) Portal Portal for business users to execute and record results of UAT. |
User Acceptance Testing (UAT) portal is included as part of the product test workflow. | |
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Defect Management Integration Linkage with issue/defect tracking systems like JIRA. |
JIRA/defect system integration referenced in technical integration guides. | |
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Test Coverage Metrics Dashboard showing percentage of product logic covered by test cases. |
No information available | |
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Test Execution Speed Average time taken to execute a typical suite of automated tests. |
No information available |
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Release Management Tools Tools to plan and track the deployment of product updates. |
Release and deployment management tools are key features of ProductDesigner. | |
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Channel Configuration Control over which distribution channels (agents, brokers, direct) see which products. |
Channel configuration management (for agent, direct, broker, etc.) is available. | |
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Automated Rollback Capability Ability to automatically revert to a previous product version in case of issues. |
Automated rollback capability is referenced in deployment best-practice documentation. | |
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Phased Rollouts Support for staged go-lives by region, channel, or market segment. |
Phased rollout/staged go-live configuration is supported. | |
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Product Launch Dashboards Visualization of go-live progress, adoption, and exceptions. |
Product launch dashboards and live tracking described as available in solution materials. | |
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Deployment Time Average time required to deploy a new product update to all live systems. |
No information available | |
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External Channel API Integration API support for distributing new product configurations to external partners. |
External channel API integration is emphasized among integration features. | |
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Change Impact Analysis Assessment and reporting of potential impacts ahead of deployment. |
Change impact analysis and reporting capabilities described in technical documentation. | |
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Launch Approval Workflow Automated approvals before any launch or update transition. |
Approval workflow for launch/update is supported. | |
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Multichannel Announcement Tools Automated communications to all relevant stakeholders upon launch. |
Multichannel announcement (email, internal, partner) processes available for launch events. |
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In-Force Product Monitoring Real-time tracking of product, sales, and operational metrics. |
Real-time and in-force product monitoring tools included in Ongoing Maintenance. | |
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Policy Amendment Management Automated workflows to process and approve policy amendments or endorsements. |
Automated workflows for policy amendments and endorsements described as supported. | |
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Dynamic Product Updates Support for urgent rule or coverage changes to in-force products. |
Dynamic product updates supported for urgent business or compliance changes. | |
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Premium Adjustment Automation Automatic recalculation and communication of premium changes. |
Premium adjustment calculations and automated communications are part of the system. | |
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Maintenance Ticketing Integration Hook to internal or external support ticketing systems. |
Integration with ticketing/support management platforms indicated. | |
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Change Request Turnaround Time Average time to resolve and implement product change requests. |
No information available | |
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Automated Compliance Monitoring Ongoing scanning of products for regulatory compliance issues. |
ProductDesigner provides ongoing compliance scanning. | |
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Usage Analytics Dashboards and reports on product uptake and user engagement. |
Usage analytics tools and dashboards for product uptake and adoption. | |
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Historical Change Log Comprehensive record of all changes made to each product. |
A detailed historical change log is available. | |
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Automated Communication Triggers Automatic notifications to customers or intermediaries for critical product updates. |
Automated customer/intermediary communication triggers for product updates described. |
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Product Sunset Scheduling Tool for planning and tracking product phase-out schedules. |
Sunset/retirement scheduling and tracking tools included. | |
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Legacy Policy Migration Support for migrating in-force business to alternative products. |
Assisted migration of legacy products described as supported. | |
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Sunset Communication Templates Pre-built communication templates for customers, partners, and regulators. |
Template-driven end-of-life communication available. | |
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Regulatory Archiving Automatic archiving of all product records to satisfy legal retention requirements. |
Automated archiving of product records supports regulatory needs. | |
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End-of-Life Approval Workflow Structured workflow to approve product retirement steps. |
Structured workflow for end-of-life approval present. | |
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Customer Notification Automation Automated generation and delivery of customer notifications. |
Automatic customer notification for product retirement supported. | |
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Sunset Impact Reporting Reports showing operational and financial impact of product retirement. |
Operational and financial sunset impact reporting available. | |
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Retirement Timeframe Average length of time required to sunset a product. |
No information available | |
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Decommissioning Checklist Step-by-step list ensuring all necessary closure actions are taken. |
Decommission checklist tools present for sunset management. | |
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Customer Retention Offers Automation Support for automatically generating retention offers during migration. |
Automatic customer retention offers available as part of migration workflow. |
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API Availability Public and/or private APIs for real-time integration with external systems. |
API availability is documented; both public and private APIs exist. | |
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Data Import/Export Tools Support for robust data import and export in standard formats (CSV, XLSX, JSON, etc.). |
Robust data import/export (CSV, JSON, XLSX) tools included. | |
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Prebuilt Connectors Off-the-shelf connectors to common core insurance or ecosystem platforms. |
Multiple prebuilt connectors to core policy/billing platforms described. | |
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Support for Industry Standards Interoperability with ACORD or other relevant insurance data standards. |
Interoperability with ACORD and other industry standards supported. | |
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Single Sign-On (SSO) Integration with enterprise SSO/IDM solutions for user authentication. |
Single Sign-On support for enterprise authentication is in documentation. | |
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Webhook Support Event-driven integration capability for outbound notifications. |
Webhook support for event-driven outbound integration is supported. | |
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Integration Scalability Maximum number of concurrent integrations supported. |
No information available | |
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Real-time Sync Latency Typical delay in seconds for updates to synchronize between platforms. |
No information available | |
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Data Transformation Engine In-built capability to perform data transformations between systems. |
An in-platform data transformation engine for integrations is documented. | |
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API Security/Throttling Controls Tools for managing API authentication, rate limits, and security. |
API management (security/throttling/limits) is explicitly described. |
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Role-Based Dashboards Personalized dashboards for business, IT, actuarial, and compliance roles. |
Role-based dashboards and persona-driven user experiences are key to EIS Suite's UI. | |
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Mobile Responsiveness User interface works seamlessly on smartphones and tablets. |
Mobile responsive UI confirmed in product interface literature. | |
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Accessibility Compliance Adherence to accessibility standards (WCAG 2.1, Section 508). |
The platform adheres to accessibility standards and regulations (WCAG, 508). | |
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Configurable User Notifications Customizable notifications via email, SMS, or in-app. |
User notifications can be configured: email, SMS, in-app. | |
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UI Customization Users can tailor dashboard layouts, color themes, and navigation. |
Comprehensive UI customization is available (layouts, colors, navigation, etc.). | |
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Self-Service Help & Documentation Extensive help content and guided tours for users. |
Self-service support, documentation, and guided tours are provided for users. | |
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User Training Time Typical time for a new user to become proficient. |
No information available | |
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Multi-Language UI System interface available in multiple languages. |
User interface offers multi-language accessibility. | |
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Feedback Collection Tools Built-in methods for users to submit system feedback or suggestions. |
Feedback collection and user suggestion tools embedded in platform. | |
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Global Search Functionality Ability for users to quickly search across all products, documents, and data. |
Global search across the product catalog and documents available. |
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Role-Based Access Control Granular permissions for controlling data and feature access. |
Role-based access control is fully configurable in EIS Suite. | |
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Full Audit Logging Comprehensive recording of every significant user/system action. |
All actions, configuration, and user steps are logged for audit. | |
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Data Encryption (At Rest and In Transit) Encryption of sensitive data in both storage and during transmission. |
Data is encrypted both at rest and in transit, as stated in security documentation. | |
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GDPR & CCPA Compliance Tools and processes supporting major privacy regulations. |
GDPR and CCPA workflows and tools are provided for compliance. | |
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Automated Data Backups Scheduled or real-time backups of all core data. |
Automated, scheduled, and on-demand backup for all core data is available. | |
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Activity Monitoring Dashboards Dashboards to monitor security events and user activity. |
Dashboards for activity and security event monitoring are present. | |
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Data Retention Controls Configurable rules for how long data is stored or purged. |
Configurable data retention settings per policy, jurisdiction, and regulation. | |
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User Access Review Tools Periodic reporting and auditing of user access permissions. |
User access review, audit, and reporting tools described in security section. | |
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Incident Response Automation Automated notifications and workflows when security incidents are detected. |
Incident response is automated for key alert/notification scenarios in system monitoring. | |
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Audit Reporting Generation of formal audit reports and logs for compliance reviews. |
Audit reporting tools and automated generation of compliance documents are provided. |
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