NanoLife
Modernize policy administration without core replacement risk
- Target operating area selection
- Coexistent capability deployment alongside core
- System-of-record integration
- Progressive domain extension
At a Glance
A configurable underwriting rules engine and dynamic case management maximize underwriter capacity and accelerate policy issuance.
Streamline policy owner servicing, claims settlement, endorsements, and status updates through configurable workflows with instant, controlled execution.
Automated cessions, bordereaux and settlements for timely reconciliation and solvency confidence.
A modular, API-first pathway: no high-failure “Big Bang” replacement, no operational downtime.
Enterprise Software Platform
New Business & Underwriting
- Fully configurable underwriting rules engine: define and deploy rules in real time, without legacy code
- Dynamic case management: steers each application through its lifecycle with task assignment and escalations
- Integrated workbench: one view of the customer, application data and documents
- AI document intelligence: auto-ingests, classifies and extracts data from paper submissions
Policy Owner Servicing
- Contractual endorsements: sum assured changes, rider add/delete, plan conversions, premium frequency
- Financial transactions: policy loans and repayments, partial and full withdrawals, surrender values
- Policy status: systematic transitions, overdue premium notices, lapse and reinstatement
- Policy owner, payer and beneficiary administration
Reinsurance
- Life treaty administration: YRT, coinsurance and stop-loss, with contract terms
- Automated cession calculation from retention rules
- Premium and claims settlement with bordereaux generation
- Claims and reserves recalculated on the reinsurer’s share; IFRS 17 capital support
Claims
- IDP-Powered Document Intake: Integrated with NanoIDP to seamlessly digitize paper submissions, handwritten forms, and claim documents, validating instantly against active policy terms.
- Straight-Through Adjudication: Execute automated rules for low-complexity claims to enable instant payout decisions with complete audit control.
- Settlement & Admin Automation: Disburse claim payouts while dynamically executing downstream policy updates—adjusting benefit limits or applying premium waivers for living claims, or halting DDA billing for termination claims.
Implementation & Strategic Delivery
Unlike rigid legacy suites or cloud platforms that force an all-or-nothing implementation, our microservices architecture lets you define your own transformation boundary.
| Capability | Legacy Core Giants | Cloud PAS Vendors | NanoLife Modernization Model |
|---|---|---|---|
| Delivery model | Legacy Core Giants High-risk, multi-year “Big Bang” migration | Cloud PAS Vendors Full PAS replacement with complex data migration | NanoLife Modernization Model Strangler Fig overlay: progressive rollout, zero core replacement risk |
| Time to first value | Legacy Core Giants 18–36 months | Cloud PAS Vendors 6–12 months | NanoLife Modernization Model 90–120 days: targeted microservice activation |
| Deployment scope | Legacy Core Giants Heavy, monolithic suite | Cloud PAS Vendors Rigid core platform replacement | NanoLife Modernization Model Hyper-modular: one microservice or an integrated suite |
| Hosting | Legacy Core Giants Legacy on-premise; costly lift-and-shift | Cloud PAS Vendors Public cloud / SaaS only | NanoLife Modernization Model Private cloud, on-premises (Docker) or managed public cloud |
| Project success | Legacy Core Giants Cost overruns and stalled rollouts | Cloud PAS Vendors Fixed workflows, opaque logic | NanoLife Modernization Model 100% go-live record across Tier-1 Asian carriers |
Modernisation is progressive, alongside what you already run.
Selected execution capabilities can be introduced next to the existing system of record. That reduces the size of a first commitment — it does not remove the integration and data-migration work, which is scoped openly at the start.
The new capability runs alongside the core, using the same configured product engine through NanoUniverse.
Integration boundaries with the system of record are defined per operating area, not assumed.
Further areas follow once the first is delivering, on evidence rather than on a fixed programme plan.
Deploy on customer private cloud, on-premises (Docker/containerised) or managed public cloud, with targeted microservice activation in 90–120 days.
Case Study
New business and underwriting modernized
A European Fortune Global 500 insurer modernized its New Business and Underwriting system with NanoLife.
Talk to us about NanoLife
Tell us which bottleneck you want to clear first, and we will show you NanoLife working on it.