Top 10 Things You Should Know Before Buying a Policy Administration System [ Source: Camilion Solutions, Inc ]
May 2007 - Replacing a Policy Administration System is a mission-critical initiative full of risk. In the past, there have been millions of dollars lost, vendor reputations irrevocably tarnished and too many abandoned and failed implementations to count. The case for ripping and replacing your Policy Administration System is both strategic and necessity-based. The strategic promise is that Policy Administration System replacements, if done correctly, can help a Property & Casualty insurer improve time-to-market, become more competitive, be ....
Next Generation Policy Admin Systems [ Source: Camilion Solutions, Inc ]
October 2007 - Frustrated because you’re forced to use the wrong tools? You need a next-generation policy admin system. Read this white paper now to learn how the new generation of modern, flexible Policy Administration Systems are giving Property & Casualty insurers the tools to compete in today’s highly competitive market. This paper gives you an introduction to these tools-based systems, outlines their advantages over proprietary, hard-coded legacy applications and explains how they deliver measurable ....
Authority Suite® Product Brochure: The Next Generation Policy Administration System for P&C Insurers [ Source: Camilion Solutions, Inc ]
May 2007 - With a superior architecture that separates product from process and the most modern and flexible technology platform, Authority Suite® is a next-generation Policy Administration System for P&C insurers. Powered by ProductAuthority®, Authority Suite helps insurers accelerate the development of better products, optimize underwriting efficiency and write more, profitable business. Supporting the entire policy lifecycle, Authority Suite features a consolidated underwriting workstation and straight-through processing for online sales. Authority Suite can be up and ....
Celent 2007 Policy Administration Vendor Report - Camilion Profile [ Source: Camilion Solutions, Inc ]
May 2007 - Celent’s report profiles the majority of the available P/C commercial lines policy administration systems available today. This particular segment is Celent’s profile of Authority Suite®, the next-generation policy administration system from Camilion Solutions, Inc. Celent ranks Camilion relative to other vendors in four categories: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services.
An East Coast Insurance Company and DocFinity®: Prompt Delivery of Services for Businesses [ Source: Optical Image Technology ]
May 2007 - Operating in nine states, this corporation on the east coast is an insurance holding company for a colorful array of wholesale insurance agencies. The company’s primary focus is on writing insurance for commercial lines, government municipalities, and personal lines. Prior to automation, the company faced inefficiencies from the growing volume of paper, not only because of the company’s growth and the relative increase in paper, but because of the increasing federal regulations and the ....
Panhandle Farmers Mutual Insurance Company Attains Competitive Edge with Paperless Processing [ Source: Optical Image Technology ]
July 2007 - When Art Meadows took the helm of Panhandle Farmers Mutual Insurance Company in 2003, his primary objective was to change the focus and direction of the company’s operations. He recognized that Panhandle could significantly increase efficiency by incorporating technology into their office processes. In his first three years with the company, Meadows implemented more than 100 different procedural changes. The company is 100% paperless with A+ claims reports, agent commission statements, reinsurance premium submissions, ....
Straight-through Processing -- Using Workflow to Push Information through the Communications Labyrinth at Break-neck Speed [ Source: Optical Image Technology ]
November 2007 - This informational article talks about the roles of digital workflow and effective integration with line-of-business software in facilitating and enabling straight-through processing for insurers. It discusses how integration tools such as Web services and workflow enable communication between multiple line-of-business systems, databases, legacy systems, and other technologies. Readers will learn how tight integration helps them with underwriting new business; automating policy updates; settling claims; and expediting financial transactions. Digital workflow’s role in straight-through processing for ....