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Traditional Insurance Software
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Lines of Business

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Insurance products may be offered and bundled to target various market segments, providing flexible mono-line and multi-line offerings.


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Lines of Business

IDIT™ system supports all personal and commercial lines of business including fleets as well as a variety of health, medical and term-life insurance products through the dynamic, parametric product and coverage manager

Insurance products may be offered and packaged to target various market segments providing mono-line as well as multi-line offerings in a flexible manner. Lines of business and coverages can be mixed into a variety of umbrella and package combinations, such as:
 
  • Personal (private) & commercial lines
  • Property and homeowners
  • Automobile
  • Fleets
  • Travel
  • Accident
  • Health & medical care
  • Professional liability
  • Term life
  • and more,…

IDIT™ business solution for the personal and commercial insurance market

The powerful IDIT™ Product Manager wizard supports personal and commercial lines of business packaged in flexible offerings extending the suitability of the system to all insurance organizations; traditional carriers working with agents, direct writers, and brokers.

The Product Factory and Product Management modules and wizards facilitate defining new products by highly flexible and parametric processes. The wizard helps define covers, eligibility rules, options and conditions available, premium rates, terms of trade (ToT), etc.  It enables the implementation of differential underwriting, personalized rates and tariffs and underwriting acceptance criteria.


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