Decision Research Corporation (DRC), a rating and policy processing software and services solution provider to the property & casualty insurance industry, announces its DecisionMaker Suite now supports Commercial Package Policies. 

Insurance carriers using DecisionMaker Suite are able to package multiple coverage parts and apply customized package discount factors to their policies through the DecisionMaker system.  Support for CPP is fully integrated into DecisionMaker Suite allowing separate mono-line policies to be consolidated into a single policy (with no duplicate data) in a few keystrokes.  Allstandard DecisionMaker Suite policy administration functions currently available for mono-line policies can be applied for CPP policies.

"The launch of Commercial Package Policy further demonstrates our configuration instead of customization approach to insurance product management within DecisionMaker Policy Administration," says Karen Yamamoto, president of DRC.  "When working with new or existing Packages, business units are able to select existing lines or add new lines as needed.  This feature gives our customers a cost effective way to introduce new packages to the market using DecisionMaker Suite."

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
NOT FOR REPRINT

© 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.