BrokerX is based on SaaS (Software as a Service technology)

In today's uncertain financial climate, large enterprises are increasingly giving consideration to the option of hosted applications, as the financial and operational benefits are potentially attractive. The Software as a Service model is emerging as a popular solution, because it's cost-efficient, reliable and can be deployed fast.

There is ample industry research demonstrating the huge challenge of developing, integrating, deploying and maintaining large scale applications in-house whilst controlling costs sufficiently to realise business benefits. In today's insurance industry, ecommerce capability is often achieved using short term tactical solutions, resulting in a legacy of diverse IT solutions with high ownership cost.

Against this background, BrokerX is the smarter choice for getting your insurance products online, by offering:

• Rapid deployment
• Fixed, low upfront cost
• Low cost of ownership - no hardware, licence or support costs to worry about
• Shared risk approach
• Rapid ROI

This enables you to move quickly and take advantage of business opportunities as they arise, be it bringing a new product to market, moving into a new region or winning a new distribution channel.

And if your BrokerX commitment involves many products and high transaction volumes, then you always have the option to bring it back in-house as a strategic solution for your business.