Property and Casualty

FJA helps P&C insurance carriers model, build and maintain products.

All Lines of Business

Insurance carriers offering Property & Casualty (P&C) Insurance frequently offer a variety of heterogeneous products. In personal lines, examples include auto, home-owners, general liability umbrella coverage, etc. In many cases, these products can be combined and priced with special discounts. Further, these products are frequently sold and serviced over a variety of distribution channels, each with specific rules, restrictions, workflow and pricing.

Centralized Product Repository

FJA's Product Machine and Insurance Platform provide serves multi-line, single line and speciality Property and Casualty carriers. The Product machine is independent of a particular line of business, providing standard features and functions that integrate across lines of business. The Product Machine is designed to serve the entire enterprise, functioning as a centralized repository of all product information.

Product Modeling

FJA's Product Machine supports all the elements of a robust and IAA compliant modeling engine and backs it up with a simple ExcelTM like expression languages that any Actuary would love. In addition to run-time services, the Product Machine provides configurable rules, including: Structured Rules, Underwriting Rules, Validation Rules, Pricing and Rating Rules, and Front-End Helper Rules