Develop and launch competitive insurance products at record speed
Coherent Product Factory is the new gold standard for developing and updating General Insurance, Life and Health products. It’s a single platform on which you can test, integrate and operationalise new products, and update existing pricing, product and compensation models.
Product Factory is powered by Spark technology to draw data points from your pricing models and transform them into deployable code. Easy for non-technical users to operate, product development that once took many months now happens in weeks.
Experience the power of Product Factory
Transform complex Excel pricing models into code in seconds. Deploy products quickly and easily at a touch of a button.
Features spotlight
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Automated testing and analysis
Automated testing is built in to the Product Factory workflow, with tests generated, run and re-run against models. Product Factory means the end of fragmented auditing across multiple systems, giving you direct traceability from product model to original specification, with audit trails for all changes.
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Multiple deployment options
Coherent Product Factory gives you a flexible approach to deployment, offering direct mainframe integration, microservice deployment, offline iOS and Android options.
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Built to work with Excel
No coding required – just upload your existing spreadsheets to get started
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Built-in auditability and traceability
All product modifications and transactional data records in one platform for easy reporting
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Simple to govern and keep track
Manage development progress and stakeholders with drag and drop Kanban Board and Roadmap
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Scalable across multiple platforms and geographies
Adapts to different technology stacks and the markets you operate in
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Compatible with policy admin systems (e.g. Life400)
Works with your existing technology so you don’t have to overhaul your IT infrastructure
Discover the perfect partners for Coherent Product Factory
The calculation capabilities within Product Factory are the building blocks for a number of our solutions.