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Development of a Comprehensive Medical Insurance Calculator System
  1. case
  2. Development of a Comprehensive Medical Insurance Calculator System

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Development of a Comprehensive Medical Insurance Calculator System

brights.io
Insurance
Financial services

Challenges with Legacy Medical Insurance Calculator

The existing medical insurance calculator lacked scalability and flexibility to handle diverse age group requirements, required duplication of program configurations, and relied on external communication tools for underwriter approvals, leading to inefficiencies, manual errors, and delayed decision-making.

About the Client

A leading insurance group operating across Austria and Central/Eastern Europe, specializing in medical and general insurance solutions with a focus on client-centric policy offerings.

Key Project Goals

  • Streamline policy proposal analysis and comparison workflows
  • Create a unified interface supporting all age groups without program duplication
  • Integrate an in-system approval workflow for underwriters
  • Enhance calculation accuracy and reduce manual intervention

Core System Functionalities

  • Universal proposal program supporting multiple age groups in a single configuration
  • Integrated underwriter approval workflow within the calculator interface
  • Multi-format proposal export (DOC/Excel) with clean, client-ready formatting
  • Dynamic pricing adjustments based on age group and coverage options

Technology Stack

Siebel
IStudio
IsReport

System Integrations

  • Existing CRM (Siebel)
  • Reporting tools (IsReport)
  • Internal communication platforms

Non-Functional Requirements

  • Scalability to handle increasing proposal volumes
  • High-performance calculation engine for real-time updates
  • Data security for sensitive client information
  • User-friendly interface for insurance professionals

Expected Business Impact

The new system will reduce proposal preparation time by 40%, eliminate manual errors through automated calculations, accelerate underwriting approvals by 30%, and improve client satisfaction via faster, more accurate insurance quotes while strengthening operational efficiency.

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