Camilion Announces Availability of ISO Commercial Lines Products

Camilion Solutions, a provider of software for the insurance industry, announced availability of fully integrated, pre-populated product definitions for ISO commercial auto, general liability and commercial property.

The new product lines can be integrated with any policy administration system, including Camilion’s Authority Suite.  The solution greatly reduces the time it takes to remain up to date on loss cost trends, new product forms and regulatory changes. Camilion is ranked as an ISO Electronic Rating Content Associate. 

The Camilion solution directly imports ISO’s rates, rules, forms, and the full ISO statistical plan—as interpreted by ISO.  This approach reduces the risk of errors or omissions in the final insurance offering.  In addition, the solution enables configuration of company exceptions to ISO content, including lost cost multipliers, proprietary rate factors, company-specific forms and even company-specific coverages.

“Insurance CIOs and executives constantly tell me the same thing—the various solutions in the market today are limited, essentially outsourcing the interpretation and management of ISO content,” says Ross Orrett, Camilion president and CEO.  “We set out to do what some thought was impossible—create pre-interpreted content from ISO, automatically configured for the ultimate in management and re-use of lines of business, coverages and deviations.  With the latest Camilion solution, our customers have the flexibility to develop and maintain entire product lines with unprecedented ease, speed and accuracy.”