NN is one of the biggest life insurers in Poland with separate sales, policy and operations systems. Insurance benefits on the policy are adjusted each year in order to keep up to date with inflation (indexation). NN couldn’t afford any discrepancies between the systems, so the company employed Hyperon to maintain central and coherent products definitions and tariff versioning.
Life products’ configurations and metadata used across whole architecture are maintained in one place - Hyperon, which communicates with other systems through API.
Pricing calculation algorithms are defined and updated in Hyperon. Tariff versioning is of utmost importance, because of long-standing policies concluded several years ago on different terms.
Reference data (e.g. postal codes, countries) is also kept in one place and reused in many systems.
Every text on printouts (such as policies, offers) can be edited in Hyperon.
Efficiency in complex architecture
Hyperon keeps hundreds of parameters used in several systems and no lags were perceived.
Parameters update without new version release
Parameters modifications don’t require releasing new software versions. Some changes go unnoticed by the systems communicating with Hyperon.
Elastic and quick configuration
Most changes don’t involve any coding thanks to GUI.