BUILD OR BUY?

Whilst not providing the perfect solutions in themselves, the package and custom-built approaches used to date have each brought a number of benefits to insurance organisations.

Principally, in-house developments were capable of of being designed to meet the needs of the end user, thus maximising competitive advantage.

Packages, on the other hand, could be introduced in a shorter timeframe with less risk.

Strong advocacy in favour of both approached led to the classic quandary of systems selection. Is it better to build or better to buy?

Now for the first time, Momentum Insurance Template fully resolves this conundrum by offering all the advantages of both the package and custom-built development approaches with none of the inherent disadvantages.

The cornerstone of Momentum Insurance Template is the Business Model, which is an easily understood description of the operational processes of an insurance organisation.

By using the latest application development environment, this model is automatically transformed into a working application comprising of a series of reusable business components with identified and documented interfaces.

Because they are fully defined, these components can be quickly assembled much like a set of building blocks into a working solution, or they can be adapted to meet specific needs.

The powerful engine at the heart of the Momentum Insurance Template development is Computer Associates market leading component based development environment, Advantage Gen^TM for Enterprise Servers. Consistently rated by industry watchers as pre-eminent in its field, ACT chose Advantage^TM Gen for the benefits it could offer, not only to its development team, but also that of its customers.

The many and significant advantages of the ACT approach using Advantage^TM Gen may be summed up in a single and, for users, highly lucrative word - CHOICE.

Market lacks - Modern Insurance Solution

As the insurance marketplace becomes increasingly globalised, the need for organisations to be able to react quickly to an array of competitive pressures is becoming paramount. [more]

Momentum Means Choice

Choice with Momentum means putting users in total control before, during and after implementation. [more]

The Changing Insurance Martketplace

The insurance marketplace today is changing more rapidly than ever before.   With the advent of large global organisations and the impact of banks and mutuals becoming more aggressive in gaining market share. [more]