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Faktor-IOS: Standard Solution for Quotations and Applications

Faktor-IOS is a modern, tried-and-tested standard software package for insurers that need a product-driven quotation and application management solution. It features a high level of configurability and flexibility when it comes to product changes. One application enables you to offer products for a variety of end devices in all sales channels. The Faktor-IOS components can be integrated as services easily and in a standard-compliant way. A highly customer-specific solution marked by high efficiency and low project risk can thus be implemented.

    • Create, save, resume, and search quotations/applications
    • Status determination and handling
    • Quotation variants
    • Product variants
    • Adapter and mapping tools
    • XML import/export
    • Model and product editor (Faktor-IPS®)
    • Product repository (Faktor-IPS®)


    • Faktor-IOS is based on the product definition tool Faktor-IPS®: product knowledge is mapped by configuration and new insurance product developments are supported—facilitating a fast time-to-market response for new products.

    • Faktor-IOS is a joint solution for different sales channels: user-friendly creation of product variants for different sales partners, user-specific surface, flexible architecture to enable the product to be configured differently depending on the environment from a stand-alone application to internet platforms.

    • Easy integration in heterogeneous system landscapes: components from Faktor-IOS are easy to integrate as services. With its own product definition layer, Faktor-IOS transparently encapsulates the integration of different external product systems and calculation cores.

    • Faktor-IOS is a standard software application, which can be adapted flexibly to the requirements of the customer: Component of Faktor-IOS is an extendable standard model for quotation/application including partner data and roles.

      • Java EE platform
      • Flexible in use for different system architectures
      • Model driven software development
      • Scalable and service oriented
      • Integrated product component Faktor-IPS® with its own model and product editor
      • Release fixed customizing and extensibility of own functionality

        Dr. Renate Hums

        +49 89 520 311 628

        What is Faktor-IOS?


        Flyer Faktor-IOS

        Press Release Münchener Verein