EU Life Insurance Core System

A pragmatic approach delivers value in phases. Timelines depend on scope (modules in the first wave), book size and data quality, the number of integrations, channel complexity and regulatory scope. A phased strangler approach delivers early value while legacy stays operational; indicative timelines are confirmed during scoping.

Yes, and we recommend it. Our strangler pattern approach keeps legacy systems operational while new capabilities go live progressively. You migrate books of business in waves, validate each migration, and only decommission legacy when you're confident in the new platform.

KID generation is embedded in the quote and policy issuance workflow. The platform uses product cost structures and NAV inputs from your data sources to prepare and version KIDs, supporting timely pre-contractual delivery. KIDs are versioned and archived for audit trails.

Dedicated portals for each distribution channel: agent portals with quote-to-bind and pipeline management, broker APIs for integration with their systems, and white-label APIs for bancassurance partners. All channels share the same product rules, compliance controls, and audit trails.

Consent capture is embedded in customer journeys with full audit trails. Data subject access requests (DSAR) are supported with automated data export. Retention policies are configurable per data type. The platform provides the technical foundation that supports GDPR obligations, not just documentation.

Resilience is built into the platform architecture: comprehensive monitoring and alerting, incident management workflows, third-party control evidence, and regular testing capabilities. We provide documentation and evidence templates aligned with DORA expectations.

Yes. The platform supports multi-jurisdiction deployment with localized products, documents, and regulatory reporting. Full support for English, German, Spanish, Italian, Dutch, and extensible to other EU languages. Multi-currency and cross-border distribution are core capabilities.

Yes. We provide integration-ready options such as Jumio for identity verification and a provider-agnostic integration layer designed to connect with your existing screening, case management, and ongoing monitoring tools. This reduces time-to-value and avoids rip-and-replace of your compliance stack. Event-driven triggers support re-screening at key lifecycle events: beneficiary changes, surrenders, premium top-ups, and cross-border updates.

Absolutely. Beakwise treats your rating/pricing engine as a strategic asset, not something to replace. We offer API and batch integration patterns that call out to your existing tools for premium calculations. You control versioning and model governance; we handle the handoff, result ingestion, and audit trail. This lets your actuaries keep working in familiar tools while the platform delivers real-time pricing to front-end journeys.

Unit-linked pricing is native to the platform. Fund NAVs are ingested in real-time, fee structures are configurable per fund family, and switch logic respects allocation rules. When external rating engines are involved, event triggers ensure the platform calls out for repricing at key moments: fund switches, premium top-ups, anniversaries, so quotes and illustrations always reflect current conditions.