Instec, a provider of software and services to the commercial property/casualty insurance industry, announced a new version of its quicksolver 3 policy administration software. New features including an administrator module, automated endorsement wording, and enhancements to the user interface.
"This latest release of quicksolver 3.1 is further evidence that Instec is a leading player in the insurance value chain by consistently delivering well-engineered, practical software and services," says Colin Cole, chief insurance technology strategist for Microsoft.
The quicksolver administrator modules are utilities that allow customers to make changes to the quicksolver software without dependence on Instec or a third party. The new administrator module, Change Administrator, replicates designated configuration data across multiple customer environments to reduce a customer's maintenance effort while ensuring operational data integrity. Changes to company deviations, loss cost multipliers, IRPM factors, premium discount tables, rating questions, and schedule rating factors are automatically copied from one environment to another through a simple to use wizard.
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