TECHNOLOGY & ANALYTICS
Our real-time policy processing and endorsements provide immediate rating and underwriting. We provide policyholders accurate quotes for adding or refunding premium through mock policy endorsements. Our table-driven systems enable the addition of new products without the time and added expense of reprogramming. Our integrated database and automated policy analysis eliminates the need to re-enter data between applications; minimizes errors; suspends policies at the data-entry level for referral to underwriting; automatically creates correspondence for missing or additional information; and cancels policies if the requested information is not received.
Utilizing IBM Cognos technology, we deliver simple, action-oriented business information. User-defined selection of time frame, product, geography and any combination of rating variables generates accurate, multi-level data for written premium, earned premium, written exposure, earned exposure, open case reserves, paid loss, reported claims and paid claims.