In such a competitive industry, it is crucial that product configuration software be adaptable and efficient enough to configure new products quickly and effectively. ProductAuthority® by Camilion is a comprehensive product lifecycle management (PLM) software solution for life & annuity and property & casualty insurance companies. Its user friendly interface allows product managers and trained business users to design, develop and configure new products from the re-usable product components stored in the central product repository and test them extensively prior to launch. Reporting capabilities allow insurers to assess their products' performance within the market. Product lifecycle management is an essential capability for all life & annuity and property & casualty insurers.