Facio
Platform

Define insurance products in minutes without vendor lock-in

Facio separates product definitions, coverages, and rules from code — empowering product teams to launch new programs and update existing binders through configuration.

The operational problem

Launching a new insurance product on traditional platforms requires software vendor change requests, long engineering lead times, and custom database schemas.

How it works

Product schemas define risk objects, coverages, limits, deductibles, documents, and rating rules as versioned configuration objects.

Dynamic Schema Builder

Configure custom risk attributes, coverages, and questions.

Versioned Product Definitions

Update rules while preserving effective-dated versions for active policies.

Configuration and control

Governance rules govern who can edit product definitions and release new versions to production.

Related Capabilities

Model Your Insurance Product

Map your product structure and rules in a working session.