Youve got this rating
problem
Sitting in a planning meeting for a new rating system you realize theres a problem with the system thats supposed to work for every line of business your company writes.
Unfortunately, it seems everyone in Conference Room 3 wants the system customized to fit their departments individual needs. Underwriting wants cookie-cutter support, so they can focus on the tough calls, and they want to see available credits based on risk characteristics.
Marketing wants Web-based rating for the agents, complete with quote management, proposals and electronic submissions. But, underwriting doesnt want the agents to see available credits. Marketing also mentions the physicians insurance portal in L.A. and the agent writing program business in Chicago are asking for on-line rating support for their own Web sites.
And then theres the IT department. They want to make the rating and underwriting services available to the policy administration system for new business, renewals, and endorsements. You know, that end-to-end thing. The business unit just wants to maintain all the products, including rates, rules, tables, screens, and documentation, themselves! And by the way, the IT department likes that idea, too.
Even your companys senior executives get into the act. Meet all these needs, they say, and the company improves its combined by two points. Thats a big win.
And youve got this
great solution
To everyone else in Conference Room 3 the job sounds impossible, but youre smiling as you leave the meeting, because youve got a great solution.
Duck Creeks EXAMPLE Platform provides the software and services your company will need to score that big win.
EXAMPLE Author makes the business unit happy by enabling them to quickly define the rates, rules, tables, screens and documentation for their current products, and for any future lines they decide to support. Author lets users work collaboratively in an intuitive, graphical environment, storing product definitions in intelligent XML documents called EXAMPLE ManuScripts. Which are basically product manuals on steroids.
Now comes the really good part. Once ManuScripts are complete, one click deploys them to EXAMPLE Server, where they are instantly transformed into rating and underwriting services. No programming required! Server communicates via XML Web services, making rating and underwriting available to your companys employees, agents, and policy administration system. And, the portal in L.A gets its rating support.
Underwriting will like Servers rule-based workflow during the interview process. The business unit will appreciate electronic manuals that instantly reflect changes to the rates, rules and tables. Server provides your audiences with just the right views and options. Underwriting sees credit options; agents dont unless they complain to Marketing.
Duck Creek also has the perfect solution for Marketings agency Web portal. EXAMPLE Express can instantly Web-enable any line of business you define with EXAMPLE Author. Express gives agents Web-based rating, underwriting, quote management, proposals, and submissions. All customizable. All on your Web site. Or Duck Creek will host Express for you.
So, it seems as though everyone in Conference Room 3 will get exactly what they want.
Sound like a better way to do business? It is.
Duck Creek Technologies, Inc.
1630 South Killingsworth
Bolivar, MO 65613
Phone (866) 382-5832
Email info@duckcreektech.com
Web site www.duckcreektech.com/lotp
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