There is a constant strive for new products, more efficient business processes and higher quality in the insurance world.
- All contract offers are calculated by complex formulas in existing systems, and as a result it is almost unfeasible to provide the whole process online. This means that a part of the business process can be automated while the rest is still dependent on input from insurance specialists.
- The systems, which are used in this market segment are often monolithic and contain a large amount of business logic, which are not suitable for real-time solutions. The challenge here is that the locked in business logic has to be made reusable from within the organisation.