Welcome to the revolution in insurance product design
REALYTIX ZERO empowers our customers to make the market, not just time it
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This is how REALYTIX ZERO makes your life easier:
- Accelerates innovation by empowering you to create new products in just few weeks.
- Enables autonomy by giving you full control and flexibility to self-configure and adapt your insurance products where and when you need them.
- Instantly test & roll out products and product changes without requiring any technical skills or IT-support.
- Iterate & respond quickly to changing market conditions.
- Save time and money by getting rid of excel and manual processes.
- Utilize data insights into your portfolio performance in real time to spot trends, identify opportunities and adjust enhance the performance of your business.
Our solutions for your workflow
Product design
Creating a new insurance product smoothly and easily
REALYTIX ZERO was specially designed to enable users to create insurance products fast like never before. Our self-configurable capabilities allow users to design and configure the different elements of their insurance products. This includes defining data fields, setting up rules and logic, creating workflows and more. The visual interface makes it intuitive and user-friendly, eliminating the need for complex code.
Process efficiency
Bring products live in a matter of weeks
Legacy IT infrastructure, limited resources and tight budgets make it very difficult to quickly launch new products, adapt existing ones or introduce new distribution channels. It often takes up to two years from the initial idea to market launch. But speed is key to a competitive edge. With REALYTIX ZERO, you can launch, distribute and scale new or existing insurance products significantly faster, reduce costs and increase process efficiency.
Data-driven decisions
Leverage data to gain valuable insights
Valuable data gets lost throughout the manual underwriting process. With REALYTIX ZERO, you can start leveraging this data to gain actionable insights into customer behaviors, risk patterns, and underwriting performance. These insights can inform product design enhancements, pricing adjustments, and underwriting rule refinements, leading to continuous improvement and innovation in your insurance product offerings.
Better customer experience
Improve your customer journey
REALYTIX ZERO significantly improves the overall customer experience by streamlining the process into a user friendly, responsive and common-sense experience. Policy applicants receive real-time decisions and quick proposal or policy issuance, reducing the need for extensive paperwork, multiple e-mails and prolonged waiting periods. This convenience and efficiency contributes to increased customer satisfaction and loyalty.
Let´s dive into some our most revolutionary features
Control & flexibility
Product design
New possibilities, new products
Fully digital and self-configurable product design, pricing, distribution, and administration on a single, cloud-based, no-code/low-code platform. Leverage a robust API- driven ecosystem to analyse risks, reduce questions asked and integrate seamlessly into almost any internal and external system.
Interactive customer questionnaires and rules-based underwriting decisions
With our best-in-class Rules Engine you can configure customer questions and rule-based underwriting decisions that allows you to create a 100% digital high-quality risk assessment without any IT support. Follow up questions, dependencies – all easily set up.
A syntax you are already used to
We speak your language
Don’t know how to code? Know Excel? Whatever your technical knowledge, you’ll know REALYTIX ZERO. Using common typescript and expressions, calculations & input conditions can be easily developed, defined & self-configured—from the simple to complex--then re-used or modified across the platform to support additional products.
Dynamic workflows
Automate & customize workflows based on your specific underwriting process, regardless of the complexity. Self-configure, send, and track quotes, renewals, endorsements, referrals, and notifications to provide efficient servicing for any part of the rate-quote-bind process.
Plug-and-play custom APIs
Extraordinarily strong API capabilities enable easy integration of multiple external data sources or modules (such as AI or machine learning algorithms) at any point in the underwriting process - with a plug and-play approach. Common Sanctions Check, Natural Hazard analysis and other key APIs are already embedded and ready to use without any development effort.
Powerful pricing for any product
With our powerful Pricing Engine, you can quickly assess risks to deliver real-time pricing options. React quickly to changing market conditions, adjust pricing, incorporate new assessment criteria, and more as needed and on demand.
First class-support from real insurance experts
Not sure on how to implement certain features? Have an idea but don’t know where to start? Our Support-Team is always happy to help! With a deep background in insurance and underwriting, rest assured that our team is on same page with you & understands the entire insurance value chain, its challenges and how REALYTIX ZERO can support you.
Time savers
Process efficiency
Create a new product in just a few weeks
Legacy IT infrastructure, limited resources, reliance on third-party providers and tight budgets hamper efforts to quickly launch new products, adapt existing ones or introduce new distribution channels. REALYTIX ZERO eliminates those challenges by giving you the autonomy to launch, distribute and scale new or existing insurance products significantly faster which means reduced costs, increased process efficiency, and a quicker path to profitability.
Highly modular
There is no need to recreate the wheel for each new product. Common and complex calculations, assessment questionnaires, visualisations and other elements can be re-used, stored, and accessed for future use, easy modification and use for new products.
Create documents automatically & on the fly
Automatically generate slips, quotations, binders, policies and endorsements and all associated e-mails at any point in the underwriting process. All documents can support unique identifiers & naming conventions. And can be white labelled for text, logo, and graphics to maintain and promote brand identity for your or your customers and business partners.
Easy & fast distribution
With our distribution engine with a multichannel approach, you can easily distribute your products through any distribution channel, either through brokers or agents or directly to mobile apps or webpages supporting a fully digital customer experience.
No more development efforts – your new product will be instantly available via UI or API.
Cloud based – always on, always secure & up to date
Access REALYTIX ZERO anytime, anywhere. Changes will always be saved and visible for the whole team – errors easily recovered and rolled back – thanks to our advanced version control system. REALYTIX also meets and exceeds all existing international security standards.
Instantly test & roll out changes
With REALYTIX ZERO you can deploy new versions of your product with just a few clicks. We have developed safe and redundant test and production environments to give you more control of your product design. This allows you to feel confident its ready, define when to go live and start offering it via any distribution channel in record time.
Insights & customer experience
Product deployment
Launching a product has never been so easy
With REALYTIX ZERO you can deploy new versions of your product with just a few clicks, define when your product is ready to go live and bring it to your distribution channels in record time. No need for in-house development or waiting to get on a vendor’s backlog. With your launched product, there are no more complicated manual processes. A completely digital and automated underwriting process – accessible via a white label UI or API.
Insights & customer experience
A new way to use, analyse & adapt your products
Increase customer engagement with a seamless on demand customer journey. Start collecting your customers structured data and visualize it in real time. This empowers you to drive profitability and growth by leveraging data-driven insights that enable better and faster UW & business decisions. Monitor your Portfolio performance in real time to get a significant impact on the performance of your business.
Digital portfolio management & data insights
With our powerful API capabilities, you can start collecting your customer structured data and visualize it in real-time. This empowers you to drive profitability and growth by leveraging data-driven insights that enable better and faster UW decisions.
One product – a diverse set of users. Easily managed.
With our multi-user environment you can self-configure permissions for individual and group users depending on your business strategy enabling a full control of your products and portfolios.
Product versioning
With this feature you get access to the different versions created of a product. That allows you to track the performance of your product depending on the version and adjust accordingly.
Agent UI for an improved customer experience
Increase customer engagement with a seamless on demand customer journey and decrease client drop-out because of long questionnaires.
Our product studio allows you to provide your Brokers & Agents with customized and branded UI to manage, quote & bind your products.
No more mailing back and forth. Fully customizable to your companies styling needs.
How to get started
Introducing REALYTIX ZERO at your company
Launching your first products
Enhancing & maintaining products
Would you like to know more about the revolutionary power of REALYTIX ZERO? Contact us!
