FirstApex Insurance Software Professionals - PowerPoint PPT Presentation

Title: FirstApex Insurance Software Professionals


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FirstApex Insurance Software Professionals
Mandeep Vakani - Vice President, Engineering
The Premium is on
Innovation
Innovation
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Background of FirstApex

• Started by ex-IBMers
• Specialist provider of Insurance IT Solutions
  since 1980s
• Corporate Head Office in Singapore
• Products and Support Divisions in Bangalore,
  Offices in Japan, China Korea
• Cover all Lines of Business in Insurance
• Wide range of IT Consulting and Services
• Over 100 implementations in over 15 countries
• 2 decades of Strong Insurance Domain expertise
• 1400 man years of experience
• International standards of Quality ISO 9000
  CMM Level 4

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Insurance Focus
All Lines of Business
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Products
e-LIFE
Integrated solution designed to manage the
full-cycle of operations for a Life insurer
X-GEN
Integrated solution for Property Casualty
insurers designed to manage the full-cycle of
operations
X-GROUP
Integrated solution for Group Life, Pensions and
Health insurance
X-RE
Integrated solution Designed specifically for
Reinsurers
iGen400
Fully integrated software package for PC
Insurance running on IBM AS/400.
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Components
X-Pressway
Low cost online Underwriting facility
Party
A CRM solution which stores information about
customers, partners and intermediaries
X- Vision
Business Intelligence which can provide critical
business information extending analytical
capabilities
Document Formatter
Communication engine which facilitates in
document generation across all levels of business
processes
Precepto
Rule driven Automated Underwriting System using
scoring techniques
More components are being developed
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Some Customers
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Geographical spread of Customers
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Application Software Product Development

• PRODUCT PHILOSOPHY - Commonality and Variability
• Country,
• Customers
• Size No of users, No of Product,
  Revenue/Product

• ARCHITECTURE DESIGN
• Application Architecture
• Technical Architecture
• Framework

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Application Architecture

• Domain Model
• Across Versions
• MDA

• Commonality Vs Variability
• Locale Specific
• User Specific
• Product Configurators

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Technical Architecture

• Choice of Java / .Net
• Proof Of Concepts
• Experimented
• R and D
• MVC OMG

• Commonality Vs Variability
• Factories
• User Exits

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Framework

• Why
• Reusability
• Governance
• Choice
• Vendor Specific Oracle - OAF
• Sun BluePrint
• Open Source
• Home Grown

Our Choice Best of Breed Mix of Open Source and
Home Grown
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Insurance Landscape
Customer
Retailer
Intermediary
Administration
Modelling
IFA
Calculators
POS
Kiosk
OEM
IVR
PABX
Modelling Tools DWH Benefit Model
Web Services Messaging ACORD/XML EDI
Call Center
Consumer
ACORD Online Exchanges
WML, SMS
XML SOAP
Rating Engine
Rating Agencies
Insurer Rating AA
Insurer website
Regulatory Bodies
Web Services
Aggregator Quicken Integrator - ChannelPoint
Market Conduct Standardization
Infomediaries
Business Pressures at various points
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Some Numbers

• J2EE Since 2000 over 400 Man years of Research
  and Development
• XGen Product
• Data Rich
• Policy Business Object - 4,500 data elements
• Party Business Object 2,500 data elements
• More than 1 Millions Lines of code (Without
  comments)

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Why FirstApex

• Product company different pressures
• Not a project based environment
• High value contracts 500K-3M US
• Mission critical, live
• Enterprise wide application
• Customer grows
• More challenges
• Consultant role
• You can be playing a part in all this

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Future

• For the Year 2007
• Embark on a Journey towards CMMi Level 5 by 2007
• Move forward in both Technology and Application
  Architecture
• Performance based evaluation
• Active Spandan Employee Cultural Club
• Certification Training been given to most
  deserved employees.
• Oracle DBA/OCP
• Weblogic
• Lotus Notes
• CMMi Lead Assessor

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Want to join us????
Send in your resumes to careers_at_in.firstapex.com
FirstApex Software Technologies Pvt. Ltd.420,
4th Block, 100 Feet Road, KoramangalaBangalore
560034,Karnataka, India. Tel 91 80
5118-7111Fax 91 80 2563-0022
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Thank You