Technical Framework
and Components
Insurance products are extremely complex and every company has unique business rules and processes. As a result, most insurance companies who opt for out-of-the-box solutions end up spending a lot of time and resources on customizing the solution for their needs.
Many insurers also use pure technology components to build solutions. These technology components are sector agnostic, and as a result do not effectively address the unique complexities and functional challenges of the insurance value chain.
C2L BIZ has developed a specialized set of ready techno-functional components that are designed for the specific business needs of insurance companies. These components can be deployed rapidly with little customization as they seamlessly integrate with current business processes. Our techno-functional components help insurance companies significantly reduce implementation time and costs, and speed time-to-market.
Our ready components include:
- Automated workflow for new insurance business, policy administration, and claims handling
- Automated external rules engine for complex insurance industry rules with aids for visual definition of rules
- Automated business rule validation and exception handling engine
- Automated requirement chasing engine
- Integration with third-party imaging and optical character recognition tools
- Automated document management
And many more