Configuration management

Product managers and marketers want to be in control over the development of new, commercial   products. The ‘Configurator’  within ChannelRight makes this simple. Product managers and marketers are able to model, tune and adapt all the components of an insurance product themselves, without having to program. From  calculation rules, decision rules and dialogues to screens and user processes (funnels). This results in a fast time-to-market of new, marked based insurance products.

Process support

ChannelRight supports all processes. From offer to application, from implementing mutations to reporting claims. Since it is regulated by law that tacit renewals are not allowed anymore nowadays, ChannelRight also supports prolonging. Finally, ChannelRight offers the possibility for the customer to view his policy or for example follow that status of a claim.

Advantages

The advantages of ChannelRight in short:
•  Support of direct and hybrid distribution models (multichannel) to optimize the sales process; 
•  Useable for a number of insurance products (multiproduct) and various labels (multilabel);
•  Connection with ‘customer-driven marketing’;
•  Short ‘time-to-market’ for new, market level insurance products;
•  Supports the integration with existing back office systems and product engines; 
•  Fast and easy integration with external systems; 
•  Supports SOA services; 
•  Proven international track record.