Camilion Solutions, a provider of insurance product development solutions, announced a new policy administration system developed specifically for the property/casualty market. Leveraging services-oriented architecture and built on a tools-based technology platform, Authority Suite gives insurers the agility they need to overcome the challenges created by hard-coded legacy systems, including the ability to revise and develop new products, automate underwriting, provide online sales, and reduce systems maintenance costs.

Authority Suite supports the policy life cycle, including application data capture, qualification, rating, quote management, bind and issuance, and policy endorsement functions. Authority Suite also automates the underwriting process through a user-friendly, consolidated underwriting workstation and provides straight-through processing for online sales to make insurers easier to do business with. Powered by Camilion's ProductAuthority, built for insurance, Authority Suite separates product from process. Product data and rules are externalized in a central repository, where products can be configured without impacting policy transactions and business workflows that dictate how they are sold, serviced, and administered.

"With our flagship ProductAuthority as the core, we have been working with the world's largest insurers to build out the functionality for this next-generation policy administration system," says Ross Orrett, Camilion's president and CEO. "Now, we also can offer the P&C mid-market a proven solution that addresses its key objectives to reduce product time to market and improve ease of doing business while reducing costs and rationalizing internal systems."