BOP now supported in DRC Suite

Decision Research Corporation (DRC), announces its DecisionMaker Suite now supports businessowners Policies (BOP), providing policy administration support for this line of business.

This latest addition to the growing list of lines of business supported by DecisionMaker includes support for multi-state functionality, forms and rate charges based on class code and coverage selected, as well as support of company specific premium charges.

Recognizing industry trends of rapid, low-cost implementations, DRC will be making its BOP solution available to carriers in a Software as a Service (SaaS) platform. Additionally, this BOP solution inherits all the base functionality that is currently available in the DecisionMaker Suite, including the ability to provide full configuration management of rates, rules, and online screen presentation in the hands of the carrier's staff of business analysts and actuarial support staff. "This general availability of businessowners policies to DecisionMaker Suite provides the latest testament to how quickly DRC can bring a viable solution to market. Now carriers can have a BOP solution with a low start-up cost in either a rating only or full policy servicing option," says Karen Yamamoto, president of DRC.

In addition to BOP, the DecisionMaker commercial lines policy administration system now supports over 20 different commercial and specialty lines including commercial auto, workers' comp, general liability, commercial fire, commercial package, professional liability, D&O liability, and employers practice liability.