Move the rules to the right place

Possibilities for insurance

Use cases

What is Hyperon?

Product catalog configurator

Configure how your insurance product works, all validations, rules for underwriting, predefined packages, limits, etc.

and

Pricing tariff calculator

Very flexible and hyper fast premium calculator that outperforms other tools in the market

and

Reference data manager

Central place you can maintain and publish to other systems your reference data (such as data dictionaries)

and

Business rules engine

Configure any process in the system and hand it over to business people for maintenance

and

Show more use cases

and

Front-end configurator

and

Health questionnaire designer

and

Insurance coverage customization

and

Investment simulations algorithm

and

Document printouts conditioning

and

Configuration dictionary

Example

Imagine the following scenario

Your actuaries found out that current tariff generates loss for specific input data (for instance people driving new model of car with powerful engine causes more crashes, so the price should be higher).

Standard development cycle

Update pricing formulas

Create a task for IT department

IT department has to find the hard-coded part of the application responsible for the tariff

Any change in the application code means the new software version has to be released

Often it implicates whole application doesn’t work, so the change is processed at night

Any change in the application code also means you have to test more functions in case of interdependencies

You conduct user tests to see, whether new quotes are correct.

You deploy new version of application to production environment

Few days (or even weeks)

Update pricing formulas

Create a task for IT department

IT department has to find the hard-coded part of the application responsible for the tariff

Any change in the application code means the new software version has to be released

Often it implicates whole application doesn’t work, so the change is processed at night

Any change in the application code also means you have to test more functions in case of interdependencies

You conduct user tests to see, whether new quotes are correct.

You publish changes of configuration to production environment

Few hours

By using Hyperon, you can skip steps 2-6, because actuaries can update business values by themselves in intuitive user interface. The whole process is shortened from few days (or weeks) to few hours.

Features

Why Hyperon?

Edit configuration with comfortable user interface

Configure how your insurance product works, all validations, rules for underwriting, predefined packages, limits, etc.

Ultimate performance

Our benchmark test proved we are 62x faster than leading business rules management system.

Publish changes without deployment

Clear separation configuration from the application code, gives you possibility to publish changes instantly to the production, without need to deploy new version of your software

Configuration versioning

Hyperon keeps previous versions of your configuration so you can calculate needed values using configuration from the past. You can also prepare configuration that will be active in the future.

Changes history

Every user action is tracked so it is easy to check who and when have changed configuration.

Contact

How can we help you?

Marcin Nowak

Head of Hyperon sales

+48 607 876 352 marcin.nowak@decerto.com

Hyperon doesn’t replace IT work

It just enables business people to change business rules quickly and leave more time to developers to create new functionalities of their applications.

We love to say that it brings order to the business world because thanks to using Hyperon each party takes care of tasks that are hired for.

In case you’re more interested in IT details check:

Hyperon specification