First Best Systems, Inc., a provider of advanced underwritingmanagement systems that enable commercial insurance carriers toprofit from better underwriting, and Insurance InformationTechnologies, Inc. (INSTEC), a developer of commercial lines ratingand policy administration solutions, have announced a strategicalliance to deliver comprehensive underwriting solutions forproperty/casualty insurance carriers.

As technology partners, FirstBest and INSTEC will exploreopportunities to develop underwriting solutions that leverageINSTEC's rating engine and FirstBest's advanced UMS, anunderwriting system that delivers underwriting automation withreal-time agent/underwriter collaboration, integration withpredictive analytics, and greater visibility into thebook-of-business and underwriting processes.

"This partnership is aimed at developing comprehensiveunderwriting solutions that are optimized for the P&Cindustry," says INSTEC CEO Ray Simon. "FirstBest shares ourcommitment to deliver underwriting solutions to meet our customers'business challenges. By aligning our expertise and experience inthe insurance industry, we will help carriers achieve a strategicadvantage through next-generation solutions based on best practicesand industry standards."