Simplify Complex Insurance Product Development
Enable process efficiency and real-time collaboration across product development teams to accelerate time to market.
Jama Connect® is a software solution that enables insurance companies to streamline product development by managing project and product requirements from ideation through development, iteration, and launch. It brings people and data together in one place, providing Live TraceabilityTM, the upstream and downstream visibility, and linkages between all activity around each requirement (i.e., design, development, test, etc.), and provides actionable insights into the insurance product development lifecycle. Jama Connect equips teams with the ability to run real-time impact analysis, track revisions and decisions, and ensure the quality of the product you set out to build.
Complex Product Development, Simplified
Eliminate silos to increase efficiencies by aligning teams across the end-to-end product development lifecycle. Jama Connect helps insurance companies deliver high-quality products on time and on budget.
The Challenge
Insurance companies are facing new competitive pressure, digital advancement, and a demand for new individualized products and services. Insurance product development and revision can be slowed by cumbersome regulatory oversight, legacy infrastructure, functional and team silos, and long-entrenched processes and culture. The insurance sector has been slow to adapt, with many teams still using Word documents, spreadsheets, email, and lengthy meetings to make decisions —adding unnecessary time and risk to the development process.
Related: The Top Challenges of Property & Casualty Insurance Product Development
The Solution
With Jama Connect, product owners, product managers, business analysts, developers, and actuaries can align stakeholders (both internal and external) and identify risks early on; allowing them to visualize connections across internal corporate governance, regulations, requirements, and test cases throughout the development process. This enables cross-team alignment, collaboration, and complete visibility across all activities in your entire insurance product development lifecycle to deliver compliant, market-driven products effectively.
With robust integrations across the value chain, Jama Connect allows software teams to work in the tools desired. The flexible integrations support best-of-breed tools leveraged across the product development lifecycle.
Jama Connect aligns to frameworks that support Agile, SAFe, and traditional waterfall methodologies to provide the flexibility to support teams in accordance with their processes of choice.
Learn more about the key features and benefits included in Jama Connect’s solution overview for simplifying complex insurance product development, CLICK HERE
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