Software released included the “template –based product Prima IBCS 4.3 for insurers and reinsurers to develop their own insurance business applications.” The price for this software begins at $125,000.
Another product, the Insurance Industry Framework, helps insurers re-use existing processes and rules and can be used t o develop systems for acquiring and retaining business, claims management, and product management.” Pricing for that product is from $500 to $3,000 per user license.”
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