Discovery’s revolutionary group risk pricing engine

Overview

Entelect was engaged to plan and execute a software project which would see the replacing of an ageing and rigid pricing tool for group risk with a new generation flexible pricing engine. We developed a full group risk pricing engine which is capable of pricing highly complex benefit permutations (in the dozens), as well as pension and provident benefits for umbrella products.

Our solution included a comprehensive set of web-based user interfaces and a quoting workflow which runs above the pricing engine.

The solution is used by multiple users throughout the risk and pricing process across multiple business units. This includes the risk and pricing, and franchise teams.

The solution is geared to generate actual quote packs and prepares them for installation in Discovery’s underlying policy management systems.

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