One platform, built on seven principles
Each characteristic answers a specific pain point in the insurance value chain. Together they make RIFT an enterprise-grade platform - configurable, party-centric and global by design.
Highly configurable
Products, workflows, rules, profiles, ETL and templates, all configured without code changes.
Party centric
A 360° view of every customer and counterparty, one record, many roles.
All LOBs supported
Complete cover for every life and non-life line, individual to group and commercial.
Multi-everything
Multi-currency, language, company, country, channel and device, global-ready.
Integrated tools
WFM, document management, templates, reporting, analytics and georeferencing, all built in.
Open architecture
Cloud-based, modular and standards-based, built to integrate and to grow with your ecosystem.
Auditing & compliance
Full audit trails, versioning and built-in alignment with GDPR and local regulation.
Control in the hands of the business
From product design to process orchestration, every layer is configured through graphical interfaces, reducing IT dependency and accelerating time-to-market.
Product management
Define full product structures - coverages, risks, limits, deductibles, clauses and premium rules - with version and copy control.
Business rules
Configurable rules across parties, products, claims, reinsurance and accounting, and every core insurance process.
User profiles
Granular control of data access, process visibility, WFM assignments and interface, tailored per role and channel.
Workflows (WFM)
An intuitive graphical designer for events, flows and inbound and outbound communication channels.
ETL & data migration
A visual ETL designer with connectivity to legacy systems for fully auditable migration.
Templates
Configurable document and communication templates, integrated directly into process flows.
Engineered for global operations
One platform that adapts to every dimension of your business, without compromise.
Multi-currency
Multiple currencies within a single platform instance.
Multi-language
Localised interfaces and documents for any language or locale.
Multi-company
Multiple legal entities and brands in one unified system.
Multi-country
Country-specific regulatory, fiscal and operational requirements.
Multi-channel
Direct, broker, bank and digital distribution, collection and communication.
Multi-device
Responsive web portals for desktop, tablet and mobile, across all profiles.
The tools your teams need, built in
RIFT natively embeds the operational toolset, eliminating costly point solutions and ensuring seamless data flow across the platform.
Workflow management
Configurable graphical WFM for sales, underwriting, policy management and claims, adapted by LOB and channel.
Document management
A centralised repository for inbound and outbound communications, with image support and entity-linked views.
Geolocation
Georeferencing of entities, events and field activities for smarter underwriting and fraud detection.
Reporting & analytics
Configurable reports and dashboards with out-of-the-box analyses, Excel export and BI integration.
Template generation
Define and update document templates and integrate them directly into process flows, no code required.
Full support for Life & Non-Life
A single product-definition framework applies across all lines of business, adapted through configuration, not customisation.
Non-Life
Life
Built for savings and capitalisation products
RIFT runs collective-savings and capitalisation products end to end - from business-configured product variables to interest, provisions, redemptions and fees.
Savings & capitalisation products
Capitalisation and collective-savings products, with term, technical interest rate and capitalisation frequency configured by the business - no development required.
Interest & capitalisation engine
Fixed-rate compound interest accrued day by day on the balance, with monthly or quarterly capitalisation.
Mathematical provisions
Prospective actuarial provisioning, revalued automatically each month and stored with full history for audit.
Partial & full redemptions
Configurable redemption rules with FIFO amortisation and automatic recalculation of the remaining guaranteed capital.
Fee lifecycle
Entry, management and redemption fees calculated and deducted automatically, shown clearly on the client statement.
Legacy migration by upload
Bring in-force policies and their full statement history across by upload, with validation and error reporting.
Ready to transform your insurance operations?
Let us walk you through a tailored demo of RIFT, built for the full spectrum of insurance, from product definition to claims settlement.
Request a demo