Insurix offers a comprehensive rules engine to empower business users with system wide configurability capability through an intuitive interface. An imbedded “point and click” scripting tool or rules editor allows business users and programmers alike to create and maintain rules. This service enables insurers to easily organize and access the rules associated with products and product components such as eligibility, rating, underwriting, and validation rules. Rules can also be imbedded in work flow processing points, questionnaires, and other logic or formula based system processing points.
Benefits
- Manage business rules through a maintainable interface eliminating “hard coding” and lengthy software updates.
- Improve speed to market when market dynamics call for change in business rules.
- Lower maintenance expense and overall cost of ownership.
- Enforce consistency and integrity of business rules.
- Simplify applications by separating business policy rules and business logic from process, infrastructure and presentation logic.
- Reuse rules across applications and Service Oriented Architectures.
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Functional Highlights
- Intuitive rule management enhance development and business-user change
- Provide intuitive HTML rule forms to easily build, manage, and configure rules.
- Maintain a secure audit trail for all rule changes.
- Inventory all rules to easily track and monitor rule usage and change.
- Intuitive “point and click” rules management interface.
- Supports Boolean operators, numeric calculations, data type conversions, string manipulation, time ranges, and a set of control flow constructs, including if-then-else chains and conditional loops.
- Dozens of rule type options - Provides a variety of rule types to help organizations get started quickly and maximize performance
- Decision-tree rules - Conduct fact-based inferencing to execute "if-then" types of logic
- Declarative rules - Compute values or enforce constraints as other properties change
- Transformation rules - Automate data mapping and parsing between disparate systems
- Integration rules - Streamline interfacing between systems and applications
- Process rules - Manage the receiving, assignment, routing, and tracking of work items
- Test and deployment environment
- Rules can be tested and promoted to production with complete version control
- Rules can be copied for ease of rule creation
- On-demand rule testing facilitates run-time testing, streamlining rule deployment
- Business rules employ effective dates, allowing business users to configure rules well in advance of implementation
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