[SurePower Innovation's] modern technology platform allows for quick responsiveness to business changes, enhancements, and regulatory requests for the application. The ability to configure changes enabled by an enterprise solution with a common data model streamlines implementation, shortening time to production.
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Quick Configuration: The Heart of an Agile Insurer
The SurePower Innovation toolkit is an ideal balance of pre-built components and powerful configuration capabilities. Business logic isn't hard-coded. Product development is a configuration, not coding, process, enabling fast, easy product set-up and simple, quick changes.
All lines of business are on the same system—personal, commercial, and specialty—meaning one set of tools, one place to make changes, and automated testing throughout all lines.
Multi-tiered Approach Keeps the Focus on Your Business
From bottom to top of the diagram:
- "Enabling Tools and Components" is a treasure chest of reusable insurance-specific components; for instance, you might reuse a workflow from one product, rating from another, etc.
- "Base for Insurance Products" is a generic platform not limited to any specific line of insurance business. This provides you the business flexibility to act on insurance opportunities outside your current areas of business, while working with the same tools and running all lines on the same system.
- "Out of the Box Product" is a fully functioning, detailed product, e.g. homeowners, BOP, fiduciary liability, etc. ISCS has used our own tools to create these for you to use as springboards to your uniquely configured products.
- "Insurer's Product Configuration" is the capability to make the changes to the product that make your company different than others, such as adding in your workflows, rules, and information needs that vary from other companies'. Again, you have the advantage of re-using components, such as workflows, state filings, rates, coverage's from other products, and so on.
- "Product Variations" is where your team and SurePower Innovation can shine, quickly creating and making changes to products as fast as the market changes.
Quick configuration means nothing if you can't quickly test the result. SurePower Innovation comes with powerful automated unit, functional, and regression tests. Technically capable business users can easily write functional tests for the new or changed product, or with an assist from IT.
Because SurePower Innovation has comprehensive functionality, across departments, and a common data model, product changes that present integration effort and multiple testing points in other systems are avoided.
