BindExpress Product Configurator enables subject matter expert business professionals to quickly build automated rating and underwriting models right on their PCs. Completed and tested models can be deployed and run immediately… without any involvement from IT.
The SpeedBuilder Systems Product Configurator will help you build powerful components
using a fraction of the time and cost typical of conventional software development, and
save countless resources for rates and rules maintenance in the future.
Modeling Instead of Programming
Typically, product managers and actuaries merely develop the specifications for insurance products involving lengthy programming changes.
BindExpress Product Configurator shortcuts this entire process by empowering product underwriters, actuaries and business analysts to develop insurance products and to prepare them for IT integration simultaneously.
Product experts from the actuarial, product management or underwriting departments can do more than just write specs. With the BX-Product Configurator, they can build product components and relational logic using an easy "drag and drop" methodology, right on their PCs. THey can then “unit tested” granular calculations, or the entire product rating.
Shortened product development cycles enable your company to react more quickly to new market trends — with speed, accuracy and full automation.
Faster product building by:
Eliminating knowledge transfer time between product management and the IT department
Freeing up technical resources for more productive tasks than making rates and rules changes
Reducing errors caused by misunderstandings or miscommunications between product managers and developers
Speedbuilding products with the BindExpress Product Configurator means:
Significantly faster and lower-cost product development
Better products, as they can be developed according to marketing needs only, without concern over technical limitations
Reduced workload on IT resources