Realytix Zero Qorus-NTT DATA Innovation in Insurance Awards 2026

Concept and Objectives Realytix Zero is a globally scalable, cloud‑native underwriting platform designed to automate and digitize the entire single‑risk insurance lifecycle. Built as a multi‑tenant, no‑/low‑code system, it empowers insurers, MGAs, brokers and internal Munich Re units to configure, launch, and maintain insurance products without dedicated IT development. The platform integrates a rules and pricing engine, Product Studio, dynamic workflow configuration, and API‑driven distribution and white-label B2B Front End capabilities - enabling rapid product innovation and full digitalization of underwriting processes.

Realytix Zero Vision: Our vision is to become the leading digital platform for product development and underwriting automation. We enable our customers to accelerate and scale their business by offering an exciting end-to-end product lifecycle journey.

Reasons Behind the Initiative More than half of the insurance industry still relies on manual, Excel‑based workflows, limiting speed, innovation and operational efficiency. Realytix Zero was created to address these structural inefficiencies by offering: Fast time‑to‑market for new insurance products Rapid product adaptations without IT bottlenecks Digitized workflows replacing email‑ and PDF‑driven manual processes Immediate access to automated underwriting capacity These needs were repeatedly identified across client workshops, Proof‑of‑Concept implementations and internal feedback loops. The platform also responds to increasing demand for regulatory‑ready, secure, scalable cloud infrastructure, enabling seamless integration of product logic, third‑party data and policy administration systems.

State of Competition Realytix Zero stands out in a market dominated by slow legacy systems and limited no‑code offerings. Its competitive strengths include: A unique self‑configuration module allowing underwriters — not developers — to design and modify insurance products. True end‑to‑end automation from rating to quoting, binding, issuing and reporting. Specialized features like extracting data from submissions to reduce inefficiencies and human errors even further

Sources of Inspiration The platform’s design draws inspiration from: Munich Re’s broad experience implementing digital products across 14 operational units and diverse lines from primary insurance (e.g. cyber, wildfire, inland flood, specialty risks…) to various facultative reinsurance coverage. Modern SaaS principles: API‑first, microservices and multi‑tenant cloud architecture. The emerging potential of Generative AI to bridge product ideation and digital implementation. Realytix Zero’s GenAI CoPilot was inspired by the vision of allowing product designers to describe insurance logic in natural language and instantly transform it into executable low‑code configurations.

Departments Involved Realytix Zero is set up as a corporate start-up involving: Product Design & Pricing teams (business logic, analytics, product modelling) Underwriting experts across multiple lines and regions Tech chapters (backend, frontend, QA, infrastructure, rule engine, data engineering) AI/LLM experts aligned with Munich Re’s governance and the EU AI Act Customer Success, Sales & Consulting, supporting global onboarding, training, and client enablement  

Main Results So Far 1. Global Adoption & Commercial Footprint >50 clients, >30 business cases >4,000 B2B users worldwide Implemented across Munich Re business units as well as primary insurance companies and MGAs with focus on Europe, North America and Latin America. 2. Proven Market Speed & Efficiency Gains Example: various clients launched insurance products between 3-6months (depending on product complexity and API integrations) without additional infrastructure costs 3. AI Integration Milestones GenAI CoPilot enabling natural‑language product configuration Submission Data intake with GenAI Automated architecture and QA documentation via AI

Summary Realytix Zero is transforming global underwriting through automation, no code innovation, and GenAI powered product creation. By digitizing the full value chain and enabling unparalleled speed to market, it empowers insurers to remain competitive in rapidly evolving markets — all while delivering exceptional user satisfaction and measurable business impact.