Open source or high-performance?

Have both! With our open source product system, you can define and design modular products and services easily.

Your contact person

Daniel Schwering

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Tool for insurance applications development

Faktor-IPS, the product system for insurance companies

Faktor-IPS enables you to define and design modular products and services centrally for all sales channels and back-end systems in your company, and takes advantage of modern, transparent interfaces and extensive functionality. Faktor-IPS can be used for all types of insurance.

Product highlights

Model-driven approach

Contract and product model can be extended quickly and flexibly. Java code is generated from the model, which can be used directly in your own applications

Open Source

Thanks to the open source approach, all users benefit from the insurance and technical knowledge that goes into the product

Short Time-to-Market

New products and product adaptations can be provided by business users flexibly and across applications

As a digital insurer, we need for the right online customer experience a calculation engine that delivers results in a split second, even for complex products. Faktor-IPS exceeded our expectations. Faktor Zehn helped us enormously to deliver on time.

Ton van der Linden

CIO Achmea

The decisive factor, that swung the decision in Faktor Zehn’s favour, was the significant benefits Faktor-IPS® offers for the bespoke development of complex insurance systems.

Udo Röhl

Project Manager, Signal Iduna

Model-driven approach – Faktor-IPS guarantees success

The model-driven approach means that Faktor-IPS is much more than a product system. Faktor-IPS generates Java code from the defined product and contract models. This code can then be used directly for your system applications (offer, contract systems etc.), as well as for the integration with the interfacing systems. There is always the option of changing the code manually and extending the model.

Faktor-IPS is provided free of charge and is continuously further developed.

Download Faktor-IPS here

Faktor-IPS as a development platform for quotations/offers, claims and policy systems

In conjunction with linkki, our open source interface framework, Faktor-IPS forms the development platform for our core insurance solutions and for our suite. Our customers also use Faktor-IPS to develop their own solutions (offer and policy systems). The benefits include fast time-to-market and low maintenance efforts.

How do you benefit from Faktor-IPS®?

Professional advantages

Business users and IT staff work hand in hand: the business department can design the products independently, as the editors are very user-friendly
Easy integration with minimum effort into your company's IT systems
Standard models and products for several different insurance applications such as policy systems, quotation systems or mobile apps will hep you accelerate the development
White labeling: different sales channels and campaign capailities are supported
Discuss common challenges and promote the implementation of new requirements in the Faktor-IPS-Community

What does Faktor-IPS® offer?

Create, test and maintain products
Make new products and product adjustments available quickly, flexibly and across applications
Tool for model-driven development of quotation and policy systems developed inhouse
User-friendly editors for creating, editing and documenting the insurance-specific model and the products based on it
Wizards adapted to specialist users for the creation and maintenance of product modules, enumerations and tables
Simple mapping of sales variants and product generations
Many possibilities for testing (regression tests) and documenting products and models
Generated Java source code which can be flexibly extended and adapted
Access to the model and product information at runtime