The flexibility of BRICS architecture makes it easy to adapt the system to suit the needs of any insurance company in response to the ever-changing market conditions

The Product Builder is a screen-based tool to define and maintain the insurance products to be offered to the brokers. The module allows new products to be defined with different rating parameters, and is an integrated part of the system and all application modules refer to the Product Configuration specified here.

Product Builder module within BRICS has three sub modules:
Screen Builder
Quote Builder
Document Builder

A new LOB/Product can be created using the Product Builder for which data capture screens can be created using Screen Builder and Quote Builder can then be used to configure the underwriting rules and rating logic. Once this is done, Document Builder can be used to create templates for the output documents for the newly created LOB

All the product data and validation rules/algorithms are kept in the Product Builder for each product in consistent versions.