Product Configurator

Insurance product configuration drives your entire life-cycle transaction. The STEP Solutions Product Configurator is a user-friendly interface that enables product configuration by specific business user.

STEP-Product-Config2The System’s easy to navigate interface offers users a complete product definition and configuration of product parameters:

  • Plans, benefits, coverage levels, state variations, premium rates
  • Underwriting risk classes, guidelines, requirements
  • E-Apps, forms, disclosures
  • e-Signature requirements
  • Correspondence
  • Policy accounts
  • Policy provisions
  • Workflow

Product configuration for processing and life-cycle management includes:

  • Knock out / classification rules
  • Risk assessment and decisioning rules
  • Policy administration rules
  • Calculations / financial management rules
  • Settlement rules