Camilion Solutions, a provider of insurance product development solutions and P&C policy administration systems, and Pitney Bowes Business Insight, a provider of location and communication intelligence solutions, have announced they are collaborating to offer Pitney Bowes Business Insight's location intelligence functionality with Camilion's policy administration system Authority Suite.
Authority Suite is a policy administration system for all lines of business that enables speed to market. It supports the entire policy life cycle, including application data capture, qualification, rating, quote management, bind and issuance, and all required policy transactions.
Powered by ProductAuthority product configurator, Authority Suite separates product from process by externalizing and storing all product data and rules from legacy operational systems into a centralized product repository where products can be configured and modified easily.
Pitney Bowes Business Insight's location intelligence solutions offer visual mapping for Authority Suite customers. Insurers are able to garner new insights into the marketplace, minimize risk, and improve strategic decision-making capabilities.
"Camilion Solutions is continuing to develop our partner ecosystem by offering our customers this enhanced functionality," says Bob Logan, senior vice president, sales, for Camilion.
"We're excited to know Authority Suite users can have location intelligence tools to help refine the underwriting process through the Pitney Bowes Business Insight's location intelligence products," says Bill Sinn, strategic industry and marketing director of Pitney Bowes Business Insight. "These tools will help users to determine relative risk accumulations to minimize overexposure and will establish accurate proximity to a broad range of risk factors, such as flood plain, fault line, wind pool, brushfire, and other natural perils."
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.