Whitehill Releases New Version of Tracker Software

Whitehill Technologies, Inc., announced the release of Tracker 6.4, designed to work with SERFF version 5, being released by the National Association of Insurance Commissioners.SERFF (System for Electronic Rate and Form Filing) is an electronic system that lets insurance companies file products with the state insurance departments for approval. Whitehill's Tracker 6.4 integrates with SERFF, allowing insurers to automate the entire process of researching, preparing, submitting, and tracking the status of filings for new and revised products. Whitehill's Tracker software reduces filing times by 50 percent over SERFF alone, according to Whitehill, through eliminating inefficient manual processes and enabling the creation of multistate filings en masse. Communications from the state insurance departments are sent back to Tracker, which allows the filing package to be stored electronically by the insurer, providing a secure archival record of the process. Tracker 6.4 helps insurers get new products to market faster by automating the process, from creating state-specific language to submitting all documents from a single interface to providing status updates and reports on rates, rules forms, and advertisements, according to Whitehill.