Use Case

Legacy Replacement

  • Modernization of existing core legacy backends
  • Convenient adaptation of customer processes
  • Integration of existing cross-sectional systems
  • Experience in the management of parallel systems
  • Migration of data
  • Operation cloud-based or on-premises

REQUEST DEMO

Digital Speedboat

  • Fast development of new, innovative insurance products
  • Connect to new digital distribution channels & partners
  • Test product innovations and new markets
  • Generate quickly new business
  • End2End-Policy-Lifecycle Management
  • Ready for production in just few weeks

REQUEST DEMO

 Platform

The tech11 Insurance Platform is based on latest technologies following one principle: Generating the highest business value through-out best-in-class technologies. tech11 has a simplified and user-friendly approach to reduce traditional technical insurance complexity.

The configuration of insurance products within the product engine is intuitive, fast and does not require any technical skills. This also applies to the actuarial definition and calculation of tariffs. The flexible product structure allows the modelling of single or bundle products for private and commercial insurance business in the P&C area.

Product Engine

Product Engine

Policy Management

Policy Management

Claims Management

Claims Management

Business Partner

Business Partner

Reporting

Reporting

Document Management

Document Management

Accounting

Accounting

BPMS

BPMS

Rating Engine

Rating Engine

Commission

Commission

All business processes of the platform are available via API. In addition, the platform offers its own user interfaces for e.g. quotation, policy or consultation processes. If required all services can also be integrated into existing portals.

The tech11 Insurance Platform is multi-tenant, multi-currency and multi-language capable.

 Technology

The tech11 Insurance Platform is implemented in a container-based microservices architecture. The different microservices are orchestrated by a BPMS (Business Process Management System). The platform uses only the latest technology and industry standards and supports the highest possible level of automation. There is no technology or provider restriction, for example when choosing the cloud provider.

Architecture

API Services:

All services of the tech11 Insurance Platform can be accessed via APIs.

Customizing Services:

Based on existing reference processes (out-of-the-box business transactions), the customer-specific adaptation and development takes place on the basis of the BPMN 2.0 standard.

Configuration Services:

The Business Workbench enables the customer-specific configuration of products and tariffs, processes and documents as well as reports and commissions.

Orchestration Services:

A BPM engine (Camunda) is used to orchestrate the individual microservices. This is where the customer’s existing cross-sectional systems or services are integrated.

UI Services:

In the case of a 100% shadow processing rate, the user interfaces (UI) are not required. Otherwise the UI services primarily serve clerks and if necessary agencies.

Business Services:

Behind the high-level business services there are numerous microservices, which are continually developed by tech11.

Below an extract of the technologies used:

Java / Jakarta EE, ES6/7, BPMS (BPMN 2.0 / DMN 1.1), WildFly, Keycloak, Quarkus, nginx, Docker …

This technology stack, combined with many years of experience in the insurance sector, enables us to develop a future-proof, maintainable and highly scalable insurance platform.

 Client Benefit

The tech11 Insurance Platform is the central vehicle for the digital transformation. At tech11 we are convinced that the quality of the core insurance systems is key for the performance and future viability of every insurer.

End2End

End2End

Complete Solution
From Back to Front-Office.

Speed

Speed

Product configuration of simple P&C products within hours.

Modularity

Modularity

Free choice of modules, stand-alone or in any combination.

Omnichannel

Omnichannel

Integrate any service via REST-API capabilities.

Architecture

Architecture

Container-based Microservices.

Scalability

Scalability

Scalable Platform for international roll-outs.

Product Configuration

Product Configuration

Zero-Code-Approach for product and tariff configuration.

Process Design

Process Design

All processes are designed on BPN2.0 standard

Hosting

Hosting

Cloud-based or on-premises.

REQUEST DEMO