Exigen Insurance Solutions announces the release of Exigen Pre-Configured Solution Packages that provide more than 80 percent of the core systems functionality required by most property & casualty insurers out-of-the-box.

Exigen Pre-Configured Solution Packages reduce core system replacement risks for insurers, and are designed to generate up to 50 percent savings in time and 40 percent savings in average costs. The packages use the configuration capabilities of the Exigen Suite multi-line platform for policy administration, billing and claims management to reduce the technology and business risks associated with core systems replacement.

"The history of core systems replacement for insurers tells us that a decision to acquire a software package can be a risky proposition," says Alec Miloslavsky, executive chairman and CEO, Exigen Insurance Solutions. "Only 20 percent of projects deliver on time and within budget. This is largely because many projects are still heavily reliant on software code customization to deliver promised functionality, as opposed to rich, underlying base code supported by extensive configuration capabilities. Insurers can run their companies on what we provide in our base pre-configured solutions."

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