Farmers Insurance Company of Flemington has chosen to implement the Atlas hosted policy admin platform from PCMS. The system will handle policy administration, rating, underwriting, claims, billing, reporting and business intelligence.
The P&C insurer underwrites a complex variety of personal and commercial lines products including workers comp, homeowners, contractors, business owners and special multi-peril coverage. Atlas will enhance operations and service for its policyholders and agents with scalable, cloud-based technology.
“We spent over a year in a very deliberate, thorough system evaluation process,” said Scott St. Angel, president and CEO of Farmers of Flemington, in a statement. “We needed an end-to-end solution that could handle all of our product lines, with a proven track record, at a reasonable price. All of these factors made Atlas the standout choice.”
After implementation, Farmers of Flemington will be able to unify all business lines on a single platform and provide real-time self-service functionality to policyholders and agents, the companies say. The platform will also provide real-time data redundancy and disaster recovery solutions and access to qualitative underwriting, data analytics, risk and management reporting, according to a written statement.
Kelly is an associate editor for InformationWeek. She most recently reported on financial tech for Insurance & Technology, before which she was a staff writer for InformationWeek and InformationWeek Education. When she's not catching up on the latest in tech, Kelly enjoys ... View Full Bio