back Back

InsurTech 360F unveils new modular product suite

By Leandra Monteiro

August 10, 2021

  • Insurtech
  • Malaysia

360F, InsurTech, modular product suite, 360-ProVestment, financial institutions InsurTech, 360F has unveiled a new global release of its full modular product suite, including flagship solutioning optimizer 360-ProVestment®.

From intuitive design features that empower customers to understand and validate their options to high configurability that enables financial institutions to launch in as quickly as 90 days, 360F’s new release optimizes advisor capabilities with scale economics and lays a strong foundation for trust between the advisor and customer.

The 360-HappiU® module, forecasts the customer’s financial future. Unlike the conventional financial ratios, the 360-HappiU® factors in the individual values, beliefs and lifestyles to establish the customer’s financial satisfaction criteria, against which the module simulates to yield the HappiU score.

“Motivated to improve their HappiU score, customers become more willing than ever to seek suggestions. We have been keeping up their momentum by showing them their multi-needs solutioning options, all customized in real-time. We now boost engagement even more with insights-generation capability so that customers get self-explanatory pointers that they can apply immediately to improve their score,” said Mr. Michael Gerber, Chief Executive Officer. “Enabling customers to take an educated role in their financial well-being unlocks the full potential of advisors.”

The new release also enables financial institutions to enjoy accelerated time-to-market and simultaneously, higher quality of the business portfolio with:

  • High configurability, making it easy and fast for product carriers to onboard new products and reflect regulatory changes for automated recommendation
  • Pricing sheets transformation enabling product carriers to break free from legacy architectures and give their captive and third-party digital distributors the ability to automate real-time solutioning bundles, which can include even the most complex products.
  • Built-in investment portfolio generator allowing unit-linked policies to be configured holistically with other financial products and scored as part of the customer’s HappiU

“With computing-intensive simulation and optimization techniques on the back of Nobel-Prize winning research on Prospect Theory, we had brought advisory standards to a new level. Now we bring the customer closer to the adviser by using the 360-HappiU® as the reference system, like how we have come to rely on the thermometer as the source of truth,” said Clarie Kwa, Chief Market Officer.

The 360F product suite is currently being used by life insurers and brokers in the UAE, Bahrain, Qatar, Singapore and Malaysia.

Previous Article

August 10, 2021

InRoads Credit Union implements Scienaptic’s AI-powered credit decisioning platform

Read More
Next Article

August 10, 2021

Santander UK launches CashFlow Manager app created by tomato pay

Read More

IBSi Daily News Analysis


July 19, 2024


SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 15, 2024

Duck Creek Technologies delivers HDFC ERGO’s new core InsurTech solutions

Read More

July 12, 2024

GoCardless & ICE InsureTech to offer faster payments to insurance firms

Read More

July 05, 2024

AutoRek & JP Morgan Payments partner on insurance premium processing

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024