Client’s request

A large bank insurer wanted to substitute the calculation engine of its traditional life insurance policies with a model in ProductXpress.

RiskCo’s approach

After the first delivery of the product with its original rates, new rates were introduced within a month. The technical facilities were then modelled in ProductXpress to create the basis for modelling changes in ProductXpress for fully automatic processing.

The result?

RiskCo completed the entire project in 15 months, and the new rates resulted in a large boost in sales for the bank insurer.