We offer both! Faktor-IPM enables you to adapt products and contract structures to your needs, whilst providing all the standard functions at the same time.
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For tomorrow’s smart policy managementFaktor-IPM - our powerful policy system based on Java EE architecture
We 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.
Faktor-IPM’s flexible model is the decisive reason for Versicherungskammer Bayern in implementing our product visions.
Dr. Sascha GrohVersicherungskammer Bayern
ConVista is our partner for modernizing our composite application landscape. The first steps with the new Faktor-IPM policy system from Faktor Zehn have convinced IT as well as our specialist department. We believe that this will create the technical basis to meet future customer expectations such as fast Time-to-Market and Digitalization.