Altkom Insurance Suite: Product Factory

Looking for a tool that enables rapid insurance product launches and full control over the product lifecycle? AIS Product Factory is a flexible solution for offer management, supporting product teams at every stage – from configuration to rating.

Fast product launches
Bring new offers to market in just a few days – without lengthy IT projects.
Easy configuration
Create and modify products independently thanks to a low-code approach.
Personalisation and segmentation
Manage rates, algorithms and customer segments within a unified environment.

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CHALLENGES

Are any of the following limitations holding back the development of your product offering?

Does creating a new product or variant take weeks or even months due to reliance on IT teams?
Is there a lack of consistent product data across sales, service and claims systems?
Are product changes time-consuming and lacking simple version control or rollback options?
Would you like to roll out new products in a controlled way, starting with selected customer groups?
Are you unable to easily tailor your offer to specific customer segments?
Do high costs of product changes discourage innovation?

SOLUTION

Discover AIS Product Factory

A solution designed for insurers who need a lightweight, intuitive system for rapid product configuration, rating and management – without involving development teams.

AIS Product Factory is made up of modules that support the entire lifecycle of an insurance product, from definition and publication to pricing and versioningie.

Product Configuration
Enables simple and transparent definition, editing and deployment of insurance products.
Product Catalogue
A central repository of all available products and their variants – organised and easy to manage.
Tariff Engine
Calculates premiums based on configurable algorithms, rating tables and additional variables.

OFFER

What makes AIS Product Factory stand out?

Extensive low-code configuration capabilities enable the creation and deployment of insurance products without developer involvement. A clear parameter structure allows business users to independently define product attributes, variants and rating rules.

We also offer predefined configuration templates to accelerate implementation and help build offerings based on proven models. Clients can rely on support from the Altkom Software team when launching their first products and gaining the know-how for independent work.
Edit, copy, version and retire products in one place, with full control over changes and offer accuracy.
Build rating tables and calculation algorithms used by the rating engine – both built-in and external.
Automatically share product attributes across sales, service and claims systems – ensuring data consistency at every stage.
Store and distribute product documents – such as product cards, terms and conditions, or policies – in a single, always up-to-date version.
A single platform for defining products and distributing them to other systems, reducing time-to-market and the cost of change.
Build sales packages and product variants tailored to specific customer segments.
Manage property, health and life insurance products within one platform, without the need for additional tools.
AIS Product Factory modules can run in a cloud environment, enabling flexible resource management and cost optimisation.

CASE STUDIES

See implementation examples

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B2B platform for managing employee and family health benefits – enables handling of insurance policies,…
The flexibility of Altkom Insurance Suite enabled rapid deployment of the insurance sales portal –…
Faced with fragmented systems and long delivery timelines, Ubezpieczenia Pocztowe implemented Altkom Insurance Suite as…
Developed a PoC system for flexible patient claim registration. Used generative AI to automate email…
A newly established insurance company faced the challenge of launching operations quickly, with a large…

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Book a demo – see the solution in action

Filip Wachowiak

HEAD OF INTERNATIONAL GROWTH

Write me a message or call

f.wachowiak@altkomsoftware.com +48 664 092 364 WhatsApp +48 664 092 364

What matters most to you?

BENEFITS

Gain full control over your product offering

Rapid product deployment and testing
Create, test and modify offerings without operational downtime, regardless of IT team availability.
Consistent and up-to-date product data
A central catalogue and unified data structure simplify offer management and eliminate information chaos.
Customer-segment tailored products
Quickly build variants and packages for specific customer groups – without starting from scratch.
Flexibility in rating and calculation
Full control over algorithms, rating tables and rules. Model processes in line with market requirements.

BLOG

What customers ask most often?

AIS Product Factory can integrate via APIs with existing policy, rating, sales, settlement and other systems within an insurer’s IT environment.

This allows consistent product definitions, tariffs and business rules to be used across distribution channels and throughout quoting, policy issuance and servicing processes. Product Factory can be introduced into the existing architecture without replacing core insurance systems.

Yes. AIS Product Factory enables teams to configure products, coverage variants, underwriting questions, documents and business rules without coding every change from scratch.

Within the scope covered by configuration, business teams can develop existing products and prepare new variants themselves. This reduces the number of changes that require separate development work and makes it easier to adapt the offering more quickly to market needs.

Product definitions in AIS Product Factory can be versioned, allowing insurers to maintain control over successive changes and the history of product development.

New variants, rate changes, coverage adjustments and other product parameters can then be made available to quoting, sales and servicing processes. Centralised product definition management helps reduce the risk of inconsistencies between individual channels.

Customer Experience

UX Audit for Banking Apps

Data, Cloud & AI Services

Data Maturity Model

AI & Data for Banks

AI & Data for Insurance

Software Engineering

Performance Engineering

Security

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Services for Banking

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AI & Data for Banks

Mobile Apps for Banking

UX Audit for Banking Apps

Services for Insurance

AI & Data for Insurance

Underwriting Automation

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Insurance platform for LMG Försäkrings AB S.A.

Services for Leasing

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Data Maturity Model

Altkom Insurance Suite: Product Factory

Are any of the following limitations holding back the development of your product offering?

Discover AIS Product Factory

What makes AIS Product Factory stand out?

Product registration and configuration

Product lifecycle management

Rule-based rating

Product data synchronisation

Document management

Reduced T2M and C2M

Consistent offer management

Support for multiple lines of business

Cloud computing

See implementation examples

B2B platform for employers

New insurance sales channel live in 2 months

80% faster time-to-market with a central insurance system

Automating the refund process with AI

Scalable insurance system for a new company

Book a demo – see the solution in action

Telephone (optional)

Gain full control over your product offering

Read more about the future of insurance

What customers ask most often?

How does AIS Product Factory integrate with policy, rating and distribution systems?

Can business teams create and modify insurance products without coding every change?

How does AIS Product Factory support rating and pricing rules?

How does AIS Product Factory manage product versions and changes across channels?

Can products be tested and verified before launch?

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