Camilion Solutions, a provider of software for the insuranceindustry, announced availability of fully integrated, pre-populatedproduct definitions for ISO commercial auto, general liability andcommercial property.

|

The new product lines can be integrated with any policyadministration system, including Camilion’s Authority Suite. The solution greatly reduces the time it takes to remain up to dateon loss cost trends, new product forms and regulatory changes.Camilion is ranked as an ISO Electronic Rating ContentAssociate.

|

The Camilion solution directly imports ISO’s rates, rules,forms, and the full ISO statistical plan—as interpreted byISO. This approach reduces the risk of errors or omissions inthe final insurance offering. In addition, the solutionenables configuration of company exceptions to ISO content,including lost cost multipliers, proprietary rate factors,company-specific forms and even company-specific coverages.

|

“Insurance CIOs and executives constantly tell me the samething—the various solutions in the market today are limited,essentially outsourcing the interpretation and management of ISOcontent,” says Ross Orrett, Camilion president and CEO. “Weset out to do what some thought was impossible—createpre-interpreted content from ISO, automatically configured for theultimate in management and re-use of lines of business, coveragesand deviations. With the latest Camilion solution, ourcustomers have the flexibility to develop and maintain entireproduct lines with unprecedented ease, speed and accuracy.”

|

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.