FirstBest Systems, Inc., announces the availability of FirstBestUMS Express for workers' comp insurers. The new off-the-shelf,ACORD-based solution can be deployed in as little as three monthsand builds on FirstBest's experience in providing underwritingmanagement systems to mono-line and multi-line commercial carriers,including many in workers' comp.

FirstBest UMS Express provides carriers with an underwritingmanagement system that enables them to drive premium growth andimprove underwriting profitability, rapidly enter new markets,deliver new products, and achieve high service levels with agentsand brokers.  

"The insurance industry has been challenged by long, high-risksystem deployments. By contrast, UMS Express can be deployed in aslittle as three months and provides rapid time to underwritingimprovement. Now insurers can quickly introduce underwritingautomation with little to no risk, while rapidly driving improvedunderwriting efficiency, discipline and best-in-class service,"says Paul Cummings, vice president of engineering at FirstBest."The solution for workers' comp carriers provides robustunderwriting workflow, collaboration, and access to third-partydata, all in less time than the typical requirements phases ofother system deployments."

FirstBest UMS Express provides pre-packaged underwritingworkflow, access to data, and collaboration tools. The new solutionmakes underwriting faster and more accurate, captures the knowledgeof star underwriters, leverages best practices via workflow, andenforces underwriting rules.

The system provides a production-ready ACORD-based workers' compunderwriting management system and underwriting workstation withbest-practice functionality including:

• Underwriting worksheets

• Underwriting workflow and rules engine

• Access to third-party data and reports within theunderwriting process

• Team collaboration tools for everyone in theunderwriting process

• Tasks and reminders

• Automated letters of authority and underwritingreferrals

• Quote, bind and policy issuance processes

• Real-time dashboards and management reports