For tomorrow’s smart policy management
Faktor-IPM - our powerful policy system based on Java EE architectureWe developed Faktor-IPM together with our customers to ensure that the solution is aligned to the needs of the insurance industry. Our policy system specializes on the administration of non-life policies. It has a wide range of functionality and end-to-end reference models for property, liability, accident and automotive insurance (adapted to the requirements of the German market.)
With Faktor-IPM contracts can be managed efficiently and new products can be brought to market quickly. The integrated product system Faktor-IPS® allows you to freely model products and contract structures or adapt them to individual needs. At the same time, you can use the standard Faktor-IPM functions such as history management, billing, business transaction control, etc.
As part of the Faktor-Zehn-Suite, Faktor-IPM can be seamlessly integrated with all Faktor Zehn products.
Product highlights
Line of business coverage
With numerous end-to-end reference models including sample content for all non-life segments, implementation projects can be conducted efficiently and with minimal risk
Short Time-to-Market
Contract and product model can be adapted quickly and flexibly. The introduction of new products is straightforward and enables a fast time-to-market
Efficient contract management
Two-dimensional history management, version comparison and a flexible configuration enable qualified processing and a high degree of automation
Jürgen Buchmann
IT Service Strategie Owner
