through AI-assisted, no-code product configuration and low-code application development.
ConfigXcel accelerates the transition from actuarial design to digital distribution, creating a seamless path from product concept to market launch. It is Purpose-built for insurance carriers managing multiple distribution strategies.
Launch products, create campaigns, and assign them to all or specific channels for any timeframe on a single, unified platform. Our no-code engine allows you to configure complex logic, including premium rates, pricing structures, and business rules, without coding.
Turn complex actuarial spreadsheets into scalable, deployable APIs instantly. Unlike solutions that rely on macros or VBA which bottleneck calculations and spike cloud costs—ConfigXcel transforms insurance logic into high-performance, database-optimized code.
Purpose-built for horizontal scalability, our engine supports thousands of concurrent users across massive sales organizations without compromising speed. By eliminating manual recoding and high processing overhead, ConfigXcel keeps infrastructure costs low while ensuring absolute precision.
A significant hurdle in insurance product launches is the disconnect between actuarial math and the final sales illustration. Most insurers are required to manage two separate vendors or teams—one for product configuration and another for document templates. This fragmented approach leads to high implementation costs, prolonged development cycles, and exhaustive testing phases as teams struggle to maintain logic consistency across two systems.
ConfigXcel solves this by integrating illustrations directly into the product configuration. By housing both actuarial product logic and illustration design within a single platform, we provide a unified "Source of Truth." It automatically generates templates that dynamically adjust page counts, legal disclosures, and benefit tables based on the specific product complexity and rider selection.
ConfigXcel executes automated testing scenarios that validate the insurance product and its respective sales illustration template simultaneously. Automated regression packs and trusted test sets verify every update across all products and scenarios, ensuring in-context calculation accuracy. This provides unprecedented compliance risk mitigation by confirming that the API math and the PDF output match before any product launch.
ConfigXcel ensures your products are ready for sale anywhere, regardless of connectivity. Beyond real-time APIs, our platform can package your insurance products and illustration logic into an Offline SDK. This allows advisors to generate accurate quotes and full sales illustrations on any device—even without internet access. Whether deploying to a web portal or a mobile app in a remote area, you get market access and instant sales readiness across all platforms.
Core capabilities designed to empower your teams and maximize financial performance.
Give both Business and IT teams the power to build and launch insurance products independently or together. Our intuitive interface uses a guided process that gives you the flexibility to launch new products, clone existing ones, or add additional distribution channels on the fly.
ConfigXcel is a proactive strategic tool. Once your actuarial logic is loaded, use the VNB (Value of New Business) Simulation tool to model profitability. Adjust premiums, charges, and reserves via the UI to find the "sweet spot" for your targets. Deploy directly from the simulation to guarantee every product is engineered for maximum revenue.
Built directly onto our no-code engine, the Copilot allows users to use natural language to define rules, rates, and triggers. This enables the AI to execute complex product configurations with ease, bridging the gap between a business idea and a live product.
Describe your business logic in plain language, and the AI automatically generates the corresponding mathematical formulas and rules within the engine. The AI then intelligently renders the matching sales illustration templates to ensure consistency across all documents.
Once a product is modeled via AI, ConfigXcel automatically generates and executes comprehensive test cases and scenarios. After validating the product mix and calculation accuracy, the platform generates the high-performance APIs or Offline SDKs required for immediate distribution.
A Pan-Asian life insurer shortened its product launch cycle from a range of 6-20 weeks down to a tight 1-5 weeks, achieving a 5x increase in speed-to-market and delivering products with unmatched agility across agency, bancassurance, broker and direct-to-customer channels.
