About Faktor-IPM
Faktor-IPM is an enterprise insurance policy management solution developed by Faktor Zehn to help insurers modernize legacy systems and manage complex policy lifecycles efficiently.
Faktor-IPM Details
Faktor-IPM's In-App Market Place
Does Faktor-IPM have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽), BRL (R$)
Pros & Cons
- Open-source core architecture reduces vendor lock-in and allows customers flexibility for independent system modifications.
- High dark-processing rates automate workflows and significantly reduce operational costs per processed policy.
- Automatically merges policy versions during backdated adjustments, saving administrative time and preventing record inconsistencies.
- Platform built entirely in Java requires development teams with strong Java expertise for customization.
- Migrating large volumes of legacy records into the two-dimensional history model is technically complex.
- Prebuilt templates and regulatory structures are optimized mainly for the German insurance market environment.
Faktor-IPM's Support Options
Email Address
info@faktorzehn.deContact
+49 89 5203110Faktor-IPM's Alternatives
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