Little Big Moose launches The Engine
Little Big Moose, a development lab specializing in the provision of modern technology solutions for the insurance industry, has launched The Engine. The Engine is a code-free user tool that allows the design of rating definitions, maintenance of historical rates, and testing capability, all under fully audited multi-environment change management. In addition, it includes a company and user permission-based control model that enables multiple carriers to operate on the same system with complete separation.
According to the company, The Engine is a direct response to the growing trend amongst Distributors and MGAs to develop their own customized user journeys. However many are held back by the continuing reliance on interfacing with multiple carrier APIs or the need to build bespoke pricing routines to replicate each carrier’s rate process. “The Engine provides an agile and cost-efficient alternative. It empowers MGAs and Distributors by providing the unique ability to bring additional or replacement carriers online quickly and efficiently, by enabling the carriers to design and maintain their own pricing in a fully controlled and compliant environment.”
The Engine eliminates the need for specialist technical skills and uses a standard simple interface across all product lines and carriers. Crucially, The Engine is supplied with the source code so it can be amended, extended, or used to fast-track in-house development and is available via a flexible commercial model which can be customized to suit individual needs.
Bottom Line: the work of Moose-beast .