Quintegra’s offshore product development
methodology made a cost savings of more than 40% for a
major insurance software solutions provider
The client is a US based company dedicated to creating
software solutions for small and medium Insurance Companies.
The client has experience of more than 60 years in both
insurance and information technology which has helped
them creating their product lines and business solutions.
The client was based in Princeton, New Jersey.
The client wanted to develop an insurance product targeted
for insurance companies in the US. The company initially
wanted to develop a base product with mid-level insurance
companies as target end-users. The base product is to
be enhanced with subsequent releases based on individual
Quintegra developed the insurance product for the client,
based on the prototype, which will facilitate the creation
of insurance products and issue policies. Since the
requirements of insurance companies could vary, based
on their business policy, the base product was designed
using a 3- tier approach. All the business rules of
the base product are integrated into the middle tier,
which can be amended to meet specific requirements.
The insurance product features inbuilt rating engine,
embedded accounts management system, and comprehensive
report generation system for policies, claims, and accounts.
The product is designed using the 3- tier architecture:
Presentation tier: Developed using
Visual Basic. This tier, in turn, makes use of various
GUI components, which can be changed in keeping
with user requirements
Business tier: All business processes,
computations, calculations etc. are encapsulated
in the COM+ components. The COM+ components are
developed using VC++ ATL programming
Data tier: This tier is responsible
for inserting, updating, and obtaining information
from the Database. The Data tier can be implemented
on any operating system using Oracle / MS SQL RDBMS