Faktor Zehn Suite is a modular core insurance platform designed to help insurers replace fragmented legacy systems with a unified, automated environment for managing the full lifecycle of insurance products and policies.
Faktor Zehn Suite is a modular core insurance platform designed to help insurers replace fragmented legacy systems with a unified, automated environment for managing the full lifecycle of insurance products and policies. Built primarily for property and casualty, motor, and health supplement insurers, the platform combines several specialized modules such as Faktor-IPS for product configuration and Faktor-IPM for portfolio and contract management, allowing organizations to manage quotations, policies, commissions, claims, and partner data from a single ecosystem. Its web-based interface replaces traditional legacy screens with modern dashboards that simplify complex insurance operations, while a centralized product definition system ensures that updates to tariffs or product rules automatically propagate across the entire workflow. One of its most valuable capabilities is its high dark processing rate, enabling many high-volume transactions, such as renewals or adjustments, to be handled automatically without manual intervention, which significantly improves operational efficiency. The platform also includes reference models and sample insurance products that accelerate implementation by providing preconfigured templates for common insurance lines.
Provides a unified ecosystem covering the entire insurance lifecycle from product definition to claims and commissions.
Maximizes automation in core processes to ensure high-performance "dark processing" without manual intervention.
Includes pre-built sample products and processes for all composite lines, including specialized motor vehicle content.
Offers the option to outsource the entire application and infrastructure operation to the provider to reduce internal IT expenses.
Built entirely in Java to ensure easy controllability and long-term maintenance by standard IT development teams.
Defines and manages the technical product rules, tariffs, and contract structures in a central location.
Manages the sales process by generating quotes and processing applications for new insurance business.
Handles portfolio and contract management, supporting the entire lifecycle of an active policy.
Provides tools for the efficient processing, management, and settlement of insurance claims.
Acts as a central management hub for all partner, customer, and stakeholder data.
Facilitates the calculation and billing of intermediary and sales partner commissions.
Organizes and tracks internal workflows and employee tasks across the core business processes.
Manages the technical interface for handling incoming and outgoing financial transactions.
Offers a digital interface and portal solution specifically for end-customers to interact with their policies.
Provides a lean output management solution for generating and sending physical or digital documents.
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Faktor Zehn Suite is a modular core insurance platform designed to help insurers replace fragmented legacy systems with a unified, automated environment for managing the full lifecycle of insurance products and policies.
Does Faktor Zehn Suite have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
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Email Address
info@faktorzehn.deContact
+49 89 5203110Root Insurance Platform is a technology solution from Root that provides auto insurance services. It…
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