Insurance CPQ Solution

Accelerate growth, drive revenue, and deliver exceptional customer experiences

Transform your insurance sales process with Insurance CPQ, a cutting-edge Configure, Price, Quote (CPQ) solution tailored for the insurance industry. Built on the OutSystems low-code platform, Insurance CPQ empowers insurers to automate workflows, optimize pricing, and generate real-time quotes, reducing costs, improving operational efficiency, and enhancing customer satisfaction.

Designed for insurers ready to outpace competitors, Insurance CPQ provides a seamless framework to configure products, issue policies faster, and gain actionable insights to meet evolving market demands.

Key pain points

The Business Challenge

In the face of growing competition and rising customer expectations, insurers are struggling to deliver fast, accurate, and personalized quoting experiences. Challenges such as fragmented systems, manual workflows, and lack of integration between departments result in higher costs, slower turnaround times, and missed opportunities.

Inefficient Product Offerings

Difficulty bundling and customizing insurance products reduces competitiveness.

Slow Quote-to-Policy Cycle

Manual approvals delay customer onboarding.

Operational Silos

Disconnected systems for sales, underwriting, and billing increase costs and errors.

Customer Experience Gaps

Lengthy quote response times decrease customer satisfaction and lower retention rates.

Limited Insights

Inadequate data on quoting performance and customer preferences prevents strategic decision-making.

Our Solution

Xebia’s InsureCPQ Solution transforms insurance quoting by eliminating delays, automating workflows, and delivering real-time quotes—giving insurers the speed and efficiency needed to win in a competitive market.

Built to handle complex insurance products across health, life, property, and casualty lines, InsureCPQ offers insurers a highly configurable, scalable platform that adapts to market changes and regulatory requirements.

Why Choose Xebia’s InsureCPQ Solution?

Future-Proof Scalability: Built to adapt to evolving product lines, markets, and regulatory needs.
Seamless Integration: Connect easily with existing CRM, policy administration, and billing systems.
Proven Results: Leading insurers trust Xebia to transform their quoting and policy workflows.

Key Features to Accelerate Growth

Drive Revenue Growth

Customizable Product Bundling: Quickly combine health, life, and property insurance into tailored packages.
Dynamic Coverage Options: Offer personalized endorsements, add-ons, and coverage limits for unique customer needs.
Rules-Driven Pricing: Automate pricing with pre-set rules based on demographics, risk factors, and regulations.

Enhance Operational Agility

Instant Quote Generation: Deliver accurate quotes in real-time across multiple channels, including agents, online portals, and mobile apps.
Automated Policy Issuance: Seamlessly generate policy documents upon approval, reducing cycle times.
Tiered Approval Workflows: Streamline approvals with role-based access and underwriting rules for high-risk quotes.

Gain Strategic Insights

Quote Performance Analytics: Measure conversion rates, quote cycle times, and trends to optimize operations.
Customer Behavior Insights: Track preferences and buying patterns to refine product offerings.
Revenue Forecasting: Predict potential earnings with pipeline analysis and conversion probabilities.

Improve Customer Experience

Multi-Channel Support: Engage customers across online portals, mobile apps, and agent touchpoints.
E-Signature Integration: Accelerate approvals with seamless electronic signatures.
Tailored Proposals & Policies: Generate customer-specific documents directly from quote data.

The Business Impact

InsureCPQ delivers measurable results that drive strategic growth:

50% Faster Quote-to-Policy Cycles: Automate workflows to reduce response times and improve customer satisfaction.
30% Reduction in Operational Costs: Eliminate manual errors and inefficiencies with integrated systems.
10x Faster Product Launches: Adapt quickly to market changes and regulatory requirements using low-code capabilities.
Higher Customer Retention: Deliver personalized experiences that build trust and loyalty.