Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Predicting the future can be challenging while trying to stay aligned with current trends. To thrive in the highly competitive life insurance industry, it is essential to implement a strategic underwriting solution that is designed for both present needs and future challenges. AURA NEXT goes beyond a standard rules engine; it is a cloud-based decision management platform that is prepared for the future. At the point of sale, AURA NEXT delivers the most accurate and comprehensive decisions swiftly through data-driven underwriting and smooth integration with various front and back-end processes. As consumer preferences evolve, it is crucial to have agile and secure underwriting technology that ensures preparedness for future demands. Built on the robust Amazon Web Services (AWS) cloud, AURA NEXT can efficiently manage fluctuating demands, boasts impressive scalability, and seamlessly connects with existing legacy systems while accommodating multiple distribution channels. Additionally, its data visualization capabilities offer valuable insights, allowing for the extraction of meaningful metrics and key performance indicators that facilitate informed and strategic operational decisions. Consequently, organizations using AURA NEXT can enhance their competitive edge and adapt to the ever-changing landscape of the life insurance market.
Description
DecisionRules is a type of rules engine solution designed to help businesses automate complex decision-making processes in real time. This innovative platform empowers organizations to streamline operations, enhance efficiency, and make data-driven decisions swiftly and effectively. By leveraging advanced algorithms and customizable rules, DecisionRules enables users to optimize various business functions, from customer targeting to pricing strategies.
The target audience for DecisionRules includes businesses of all sizes across various industries that seek to improve their operational efficiency and decision-making capabilities. This solution is particularly beneficial for organizations dealing with large volumes of data and requiring rapid responses to market changes. Use cases for DecisionRules range from identifying ideal customer segments for specific products to dynamically adjusting pricing strategies based on real-time market conditions, ensuring that businesses remain competitive and responsive.
Key features of DecisionRules include its ability to process an impressive 100,000 decisions per minute, which allows businesses to scale operations without compromising on speed or accuracy. The platform offers seamless integration with existing systems, enabling users to implement it without significant disruptions to their current workflows. This ease of integration is crucial for organizations looking to adopt advanced decision-making tools without extensive training or resource allocation.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Angular
No
Azure Marketplace
No
Java
No
JavaScript
No
PHP
No
Python
No
React
No
Integrations
Angular
Yes
Azure Marketplace
Yes
Java
Yes
JavaScript
Yes
PHP
Yes
Python
Yes
React
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
0
Starter Plans:
Starter (€0/month): 1 user, 1 rule/node, 20 Solver API calls, 95% availability. No workflow, organizations, AI assistant, or rule comparison.
Starter+ (€1.99/month): 1 user, 5 rules/nodes, 300 Solver API calls, 98% availability. Same feature limitations as Starter.
Entrepreneur (€49/month annually or €59/month monthly): 1 user, 10 rules/nodes, 2,000 Solver API calls, 99% availability. No workflow, organizations, AI assistant, or rule comparison.
Business Plans:
Small Business (€199/month annually or €239/month monthly): 3 users, 30 rules/nodes, 500,000 Solver API calls, 1 organization, 99% availability. No workflow, AI assistant, or rule comparison.
Business (€449/month annually or €539/month monthly): 5 users, 50 rules/nodes, 3 million Solver API calls, 2 organizations, 99% availability. Includes AI assistant and rule comparison but no workflow.
Business+ (€799/month annually or €959/month monthly): 10 users, 100 rules/nodes, 7.5 million Solver API calls, 3 organizations, 99% availability. Includes workflow, AI assistant, and rule comparison.
Prices exclude VAT.
Starter (€0/month): 1 user, 1 rule/node, 20 Solver API calls, 95% availability. No workflow, organizations, AI assistant, or rule comparison.
Starter+ (€1.99/month): 1 user, 5 rules/nodes, 300 Solver API calls, 98% availability. Same feature limitations as Starter.
Entrepreneur (€49/month annually or €59/month monthly): 1 user, 10 rules/nodes, 2,000 Solver API calls, 99% availability. No workflow, organizations, AI assistant, or rule comparison.
Business Plans:
Small Business (€199/month annually or €239/month monthly): 3 users, 30 rules/nodes, 500,000 Solver API calls, 1 organization, 99% availability. No workflow, AI assistant, or rule comparison.
Business (€449/month annually or €539/month monthly): 5 users, 50 rules/nodes, 3 million Solver API calls, 2 organizations, 99% availability. Includes AI assistant and rule comparison but no workflow.
Business+ (€799/month annually or €959/month monthly): 10 users, 100 rules/nodes, 7.5 million Solver API calls, 3 organizations, 99% availability. Includes workflow, AI assistant, and rule comparison.
Prices exclude VAT.
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Reinsurance Group of America
Country
United States
Website
www.rgare.com/aura-next
Vendor Details
Company Name
Epptec
Founded
2021
Country
Czech republic
Website
decisionrules.io
Product Features
Insurance Policy
Cancellation Tracking
No
Claims Tracking
No
Policy Generation
No
Policy Issuance
No
Policy Processing
No
Quotes / Estimates
No
Rating Engine
No
Reinstatement Tracking
No
Reinsurance Administration
No
Renewal Management
No
Underwriting Management
Yes
Product Features
Business Rules Management Systems (BRMS)
Access Control / Permissions
Yes
Code Development Environment
Yes
Deploy Across Platforms
Yes
Flexible Hosting Options
Yes
Lifecycle Management
No
No Code Development
Yes
Simulation
No
Validation Tools
Yes