Insurance business is difficult, complex, and cyclic. It is influenced by series of elements that are not always typical of commercial enterprise. Insurers need a platform that helps them engage personally, innovate freely, rapidly, and grow efficiently.
With this challenging environment in mind, we have developed Cognitonic rapid application designer for insurance powered by Pega – A real low code designer which enables insurers to launch new products in weeks rather than months with business-user-friendly tools.
CRAD for insurance provides the ability to insurers to launch the insurance products that your policyholders need, e.g., on-demand, usage-based, Open insurance, Embedded Insurance.