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. Designed primarily for property and casualty, automotive, and commercial insurance providers, the platform centralizes policy administration from creation and adjustments to renewals and cancellations. Its structured, productivity-focused interface allows insurance technicians to navigate large volumes of contract data easily, while tools such as the Delta Discovery view enable side-by-side comparisons of policy versions, highlighting even small changes. One of its most distinctive capabilities is two-dimensional history management, which ensures every policy state is fully traceable and audit-proof, making compliance and record tracking significantly easier. The system also supports retroactive policy changes, automatically merging historical records and recalculating billing adjustments when updates are applied to past effective dates. Performance is optimized for large-scale operations through dark processing, allowing high-volume transactions to be completed automatically without manual intervention.