Instec announces the introduction and immediate availability of Quicksolver Studio, a software package that enables configurability of Instec's flagship policy lifecycle platform, Quicksolver. This new product offering aligns with Instec's strategy of delivering complete policy lifecycle management to provide insurers faster speed-to-market and lower total cost of ownership, while reducing risk.

Quicksolver Studio allows insurers to configure new insurance products, or modify existing products, enabling an agile organization to take advantage of market opportunities as they arise. Product configuration and modification is achieved through Quicksolver's pre-loaded bureau content, as well as each insurer's custom content. Content can be managed internally by the insurer. Quicksolver Studio is available for both on-premise and cloud delivery.

“Quicksolver Studio is the next generation of our configuration software and provides customers increased self-sufficiency and control over their insurance content,” says Kevin Mason, vice president of product development for Instec. “We believe this level of self-sufficiency will raise the bar for configuration software in the marketplace.”

“We're seeing a high demand for greater product configuration capabilities,” says Karen Furtado, partner, SMA. “Insurers need solutions that can help shorten product time to market while creating efficient maintenance environments. Products such as Quicksolver Studio are positioned to support insurers to achieve these goals.”

Instec's policy lifecycle management solution includes p&c insurance rating and policy administration; multi-state, multi-location support; and bureau- and company-specific policy processing for all 50 states and all major commercial lines of business.

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