With ProductAuthority 7.1, insurers are able to maximize the value of existing systems and reduce product delivery time from months to mere weeks.
Markham, ON (PRWEB) October 12, 2011
Camilion Solutions, provider of innovative product configuration and policy administration solutions for insurance, today announced an upgrade to its product configuration solution, ProductAuthority® version 7.1. The solution enables product management teams to publish multiple product updates together as one release. Teams can reduce operational risk by ensuring that related product updates are published together as one "unit of work," minimizing the risk of errors and omissions. In addition, releases can be either deployed ad-hoc or scheduled for delivery by a specific date and time.
ProductAuthority version 7.1 also allows customers to take advantage of:
- Web services tools and components that enable insurers to integrate core and legacy systems more efficiently using industry standard technologies and practices
- Enhanced facilities to configure, customize, and format product specification documentation.
“Camilion customers are challenged with managing complex product changes and delivering them to market as quickly as possible” said Ross Orrett, Camilion President and CEO. “In addition, they are often working with legacy systems that hold large amounts of historical data. With ProductAuthority 7.1, insurers are able to maximize the value of existing systems and reduce product delivery time from months to mere weeks.”
Camilion provides innovative solutions for the insurance industry covering policy administration, product configuration, ISO electronic rating content and product lifecycle management. With ground-breaking product development technology offering unprecedented levels of speed, accuracy and flexibility, Camilion enables its customers to deliver superior insurance products to market up to 60% faster. Some of the world’s largest insurance companies rely on Camilion to provide new levels of efficiency to their product development process. For more information on Camilion solutions please visit http://www.camilion.com or call +1 (866) 226-4546.