Camilion Adds Lifecycle Management Functionality to PA Solutions

Camilion Solutions, a provider of insurance solutions and P&C policy administration systems, announced the availability of new insurance product lifecycle management functionality with both ProductAuthority and Authority Suite.

Applicable to both property/casualty and life/annuity insurers, Lifecycle Manager gives insurers visibility into the processes that track and manage tasks and participants involved in product development and management to reduce product development costs, eliminate bottlenecks to improve speed to market, deliver quality products, and increase revenue by enabling concurrent development and modification of products.

Lifecycle Manager is a Web-based solution that includes automated, collaborative workflows; a product catalog; product comparison capabilities that enable users to identify key features for re-use or modification across multiple products; and the ability to test products before they are integrated into downstream systems such as billing, claims and print. Lifecycle Manager workflows support processes related to: launching new and modified products, including forms drafting and review; state filing package creation and review; and state (DOI) filing management.

"Collaborating with CNA Insurance, we built Lifecycle Manager's advanced product development and management functionality and it is now available out-of-the-box with Authority Suite and ProductAuthority," says Ross Orrett, president and CEO, Camilion Solutions. "Lifecycle Manager can easily be customized to suit a customer's specific needs."