Innovation Group Enhances Suite of Products With Configuration Component

The Innovation Group, a provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive and property industries, releases Insurer Configurator, a new component of the Innovation Insurer suite.

Insurer Configurator is a suite of programs and services, along with a configuration toolset, that allows insurers to create, maintain, support, and control the deployment of configuration information for the Innovation Insurer suite of products. Insurer Configurator is backward compatible, enabling the decoupling of business logic from insurance applications, thereby significantly reducing deployment time through extensive use of inheritance.

"Insurer Configurator is a critical component of the Innovation Insurer suite, breaking legacy history with a robust, 'built for change' set of tools that will enable agility and flexibility across a wide array of areas, shifting control and work from IT to the business and providing configuration to eliminate the need for customization," says Andy Roberts, CEO of Innovation Group. "Insurer Configurator is a key element in our 'Rule of One' design, providing a single data model, rules engine, process engine, and configuration toolset. More importantly, it will help facilitate transition from older versions of Insurer while providing immediate business value."

Insurer Configurator has been used to support large scale projects with, complex product configurations, in multiple companies across a variety of distribution channels utilizing a SaaS deployment model. The configuration lifecycle and areas of configuration are managed by Insurer Configurator, and controlled using the work-package and release management capabilities providing source control style functions with full audit-ability across the system.

Insurer Configurator features functionality and delivers business value through:

  • Compliance and Risk Management: Full audit-ability across the system for changes and data, different brands or companies to support Sarbanes Oxley (SOX) and other regulations.
  • Business Agility: Respond quicker to market changes, M&A, distribution options, new products, product changes, market growth opportunities and customer demands with the robust, flexible configuration.
  • Work-Package Management: All changes are made against a work-package that controls what is changed, by whom, with versioning automatically controlled and a full history maintained.
  • Release Management: When implementing configuration changes, the tool provides the mechanism to select individual changes for release and identifies any dependencies between work packages to ensure consistency and accuracy.
Comments

Resource Center

View All »

Contractors General Liability Coverage 102

What is a prior work exclusion? Which option is right for my client? Why do...

Sign up today to get a 50% matching credit -...

Insurance marketing sometimes seems like it's a game of swings and misses, but we're here...

Guide: 5 Steps to Selling Cyber

Cyber risk and data security is on the agenda of every business owner and executive....

Citation Correlation

Do rigger and signalperson qualifications correlate with the cause of crane and rigging accidents? ...

Complete Guide to Electronic Signatures in Property & Casualty Insurance...

In property and casualty insurance, closing new business quickly is key. Learn how to leverage...

INSTANT ACCESS: Complimentary Sales Closer Questionnaires

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

Determining Vacant Property Perils and Valuations

Are your clients fully covered for Vacant Properties? In this economic climate, your insureds may...

Risk Management for Law Firms

This package of 3 concise risk management articles offers straightforward content and practical suggestions law...

Guide: Top 15 E&O Risks-And How To Avoid Them

Accidents happen. But when it's an errors and omissions oversight, that accident can open your...

We'll Show You How to Reach Your Sales Goals

Whether you work alone or have a team of agents working for you, we can...

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Claims-Handling Guidelines

Claims Magazine is providing the following free guidelines and regulations in order to help adjusting professionals stay abreast of each state’s unique property and casualty claim-handling requirements.

View our State Guidelines »

Advertisement. Closing in 15 seconds.