Insurity, a ChoicePoint company, has launched Insurance Decisions, a suite of new business-process-improvement products and services for the property/casualty insurance industry. The suite incorporates Insurity's processing applications onto one Web services platform and provides decision-support to all parties working in areas from risk selection to loss mitigation. There are three components on one platform: policy decisions, claims decisions, and reporting decisions.
"The launch of Insurance Decisions reflects our continuing commitment to protect insurers from underwriting risks, claims fraud, noncompliance issues, escalating expenses and premiums, and unfavorable ratios," says David Pedersen, Insurity's senior vice president. "Insurance Decisions includes comprehensive functionality for both commercial and personal lines, for all states, on one platform."
Insurity offers Insurance Decisions as a traditional deployed application or as an ASP, fully hosted and managed by Insurity. The suite supplies:
?Secure access for policyholders, agents, customer service reps, MGAs, and others;
?Customizable screen configurations and workflows that support the needs of different types of users without duplication of rules, logic, or code;
?Scalability that accommodates increasing traffic and processing demands, enabling carriers to distribute more functionality and underwriting authority to their agents and brokers;
?Real-time transactions that give policyholders, agents, service reps, adjusters, and others up-to-date status at every moment;
?Improved access to and control of data, enabling faster and more efficient decision-making.
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