Insurance Platform Features

Compared to traditional web development methods, the proven EonicWeb4 and OpenQuote insurance platform can reduce your time to market by up to 50%. Read more about how the robust content management, security and e-commerce features provide a well-rounded solution for the insurance industry.

* Fully web enabled Quote and Buy process for insurance products
Insurance products that are developed in OpenQuote can be made available via the web to either Brokers, or direct to market.

* Configure insurance products for any line of business
OpenQuote can support products for any line of business.

* Configure custom question sets
Insurance products developed in OpenQuote can be designed with question sets that are either completely bespoke to that specific product, or are shared across a group of products.

* Configure risk evaluation and rating rules
OpenQuote uses Excel spreadsheets to define the risk assessment and rating rules for products.

* Enterprise website features
The EonicWeb4 content management system gives your web administration team a flexible framework for managing your online content.

* Supports multiple lines of business and multiple products simultaneously
An OpenQuote server can deliver many products across many lines of business at the same time, either to a single website, or to many different websites. OpenQuote can also support simultaneously internal and customer facing networks.

* Manage changes to your website quicker than ever before
Simple changes to landing pages and customer sales tools are easy to implement and often require almost no technical knowledge.

* Supports both broker and direct to market sales
OpenQuote can be used to distribute insurance products to either specified brokers, or direct to market.

* Quotes are saved for later review/take up by proposer
OpenQuote saves all quotes that it generates, these can then be accessed by the proposer at a later date.

* Produces and issues quotation & policy documentation
Documentation can be configured specifically for an insurance product, this documenation will be issued when a quotation is generated and accepted.

* Informs underwriter when quotes are generated and accepted
For each OpenQuote product, it is possible to specify individuals who need to be informed when a quote is generated and accepted.

* Automatic generation of quotation web pages
OpenQuote uses the question set configuration to automatically generate web pages through the EonicWeb4 Content Management System.

* Product inheritance for faster time to market
Similar products can be designed so they inherit from a parent or template product, with only the differences being configured.  For example, separate insurance products for female drivers and for classic cars, may both be based upon a standard Motor product, with only minor differences in questions and rates being specified.

* Designed to aide policy administration system integration
Internally, OpenQuote generates information using XML, a data format that can be consumed by other systems, helping to make back office integration easier.