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Friday, August 14, 2009

Insurance SOA - Prima Solutions

Insurance organizations have long been in need of an enterprise wide data model, not only to provide business users with a consistent unified view of customers, contracts and other data across multiple systems, but also to aid in implementing end to end business processes, to enhance the quality of data, to promote business agility and to ensure effective service reuse.
Prima IBCS™ is that object-oriented insurance model suite: it covers the major functional domains of all the principal branches of insurance (life, non-life, personal-commercial lines and reinsurance), it is used by dozens of clients as the foundation for projects spanning from underwriting to contract and claim management systems, and it has been adopted by ACORD as the foundation of the ACORD Information Model.

Prima IBCS™ is based on best of breed technology and market standards, it comes delivered not only with a template driven code generation toolset, but also includes a productivity suite featuring a mapping tool for deriving models, a validation tool, graphical search and navigation tools, and an import and export toolset.

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