Visual Product Modeling System (VP/MS) is a self-documenting portable rules and calculation engine designed to be used by a business expert in any insurance sector.

VP/MS drastically reduces time to market, application development and maintenance time by enabling the same calculations and rules to be ported to virtually any platform. With VP/MS, business experts can easily create calculations and rules for new business, administration and peripheral systems as well as Internet quotes and illustrations.

Rapid Product Development Tool

With VP/MS, rule and calculation modeling is put into the hands of business experts who know your business. The expert has the freedom to create, maintain and share product definitions, rules and calculations across system components and platforms, including the Internet.

You can support the development of rules and calculations by using: standard calculations, drag-and-drop definition, table and/or formula-based rating, pre-defined components, user-defined reusable logic functions, built-in testing tools, and self-documented report of the models.

Simplify Calculations and Rules

VP/MS can be used to define rules or calculations graphically. Business experts graphically create business rules, logic and calculations as components and models. These may be reused and included in other models to increase efficiency in design and implementation. VP/MS offers you the flexibility to have business users define your business rules and calculations. Some examples include:
Surrender charges
Target premiums
DEFRA and TAMRA calculations
Dynamic calculations of traditional cash values and dividends
Full product calculations
Administration rules
Claims rules
Enrollment rules
Underwriting rules
New business rules
Billing rules