In the dynamic and diverse Pan-Asian insurance market, the traditional product development lifecycle—which is rigid and manual—was actively preventing the carrier from responding quickly to regional demand. The imperative was to enable agile product deployment across highly varied products and all distribution channels without compromising enterprise-wide governance or technological scalability.
Our client strategically adopted NanoBYO ConfigXcel, a cutting-edge No-Code Product Engine, to fundamentally transform their innovation capabilities. ConfigXcel provides a unified, central platform for rapid development and launch, acting as the single source of truth for all product definitions.
Allows the client to create products, define channels, sales campaigns, in single system:
Any product launches at a pace 5X faster than the industry average, allowing the carrier to capture market opportunities with unmatched speed and agility across Asia.
Achieved a modern, cloud-agnostic, microservices-based, API-driven architecture, providing the foundation for flexibility, seamless integration, and long-term scalability.
Established a standardized product framework at the group level (consistency) while retaining manageable flexibility at the country level (localization), perfectly balancing global consistency with local market needs.
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