RATING ENGINE
Up to Speed
Taking two weeks to institute a rate change was too long for an online insurer. The right platform now gets the job done in 24 hours.
When you are an online direct-to-consumer auto insurer, people expect you to move and react to changing business needs at the speed of, well, the Internet. But for Esurance, just such an insurer, the announcement of a rate change in one of its 15 states would elicit an audible groan among the companys IT staff, according to Phil Swift, managing director and CIO of Esurance, part of the White Mountain Insurance Group.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
