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How to automate comparison of multi-vendor quotes in an insurance brokerage scenario?

2025-08-23 221
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Intelligent Price Comparison System Construction Guide

Build an automated price comparison process in three steps:

  1. Variable Configuration Phase::
    • Creation of "Client Profile" input variable group (with fields for age, sum assured, etc.)
    • Definition of "Quote Result" output templates (vendor name/clause details/rate)
  2. Process orchestration phase::
    • Create sub-process modules for each vendor site
    • Using Conditional Nodes to Handle Form Differences Across Insurance Products
    • Setting the failure retry mechanism (up to 3 times)
  3. Results integration phase::
    • Add data cleansing node to weed out anomalous quotes
    • Configure automatic emailing of price comparison reports
    • Optional: Connection to CRM system for updating customer files

A brokerage firm's use of the program resulted in a 35% increase in monthly policy volume and a $28 reduction in average cost per policy processed.

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