Whitehill Technologies announced the latest release of IStream Writer, part of the InSystems line of software that helps insurance companies get new products to market faster. Whitehill's InSystems line manages the product life cycle from initial drafting of contract language through regulatory approval to sales and policy issuance.
As part of this process, IStream Writer 1.2 assists insurers in creating documents and policies that comply with regulations enforced by state filing agencies. The new-product developer lets users create a master document that can be tailored to fit state regulations, lines of business, and specific products. When the master document is modified, changes are applied automatically to all the appropriate documents, eliminating multiple updates and reducing compliance risk.
IStream Writer also shortens product implementation and rollout time lines with its ability to transform filed documents into templates for policy production. The new release improves speed to market by providing advanced capabilities for updating product wordings, allowing for faster response to legislative changes, and product enhancements.
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