No code in insurance

What is no-code in insurance?

No-code in insurance is an approach built to help people and businesses develop their processes and applications without coding knowledge by non-technical people.

 

Why use no-code in insurance?

A no-code insurance platform or software can be used to create and launch insurance products, entirely without the intervention of a developer or programmer.

 

When should you use low-code in insurance?

No-code is especially useful when configuring simpler products. Complex products with more complex pricing structures will inherently be more difficulted to be fully sequenced by no-code platforms, as this will create complexities in the front-end to back-end mapping etc.

 

What advantages of low-code and no-code insurance software?

  • Increased speed and efficiency of product implementation
  • Quick product to market
  • On-the-fly changes to products
  • Allows non-technical people to configure products
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