Transactional online systems and services - overview

In today's insurance market, the internet is fast becoming the number one distribution channel for the majority of insurance products. The ability to gain a competitive edge is therefore strongly linked to the success of a company’s online presence.  As getting new products to and through an effective distribution channel becomes increasingly critical many organizations require a simple and cost effective solution.

f2X has extensive experience in designing and building online transactional services for the insurance industry so in response to client needs f2X have created a system entitled Websinsure that allows for the  rapid creation of an online presence for a wide range of insurance products.

The system can be tailored to business needs within days and since it is linked to business rules and rating engines creating the underwriting engine, it can allow customers to follow the entire insurance purchasing process online to issue of policy documents. 

More advanced versions of Webinsure include 'Product Builder' modules, which allow business users to create new insurance products and modify the rules that govern them without the need for any programming knowledge.