Underwriting Workstation

Available from Oceanwide, Inc.
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Oceanwide's Underwriting Workstation module features: Submission queues, task management, diaries and reminders; rating engine that calculates all premiums by coverage and tracks or validates the variance from standard or guideline rates when overriding rating or applying discretionary factors; generation of all quote and policy documents based on intuitive MS-Word templates; and, built-in collaboration tools and e-mail correspondence to improve communication with agents and other parties.

The underwriter workstation records a history of all communications, documents, activities and more, providing a full audit trail for internal and reporting purposes.

It also provides validation and enforcement of underwriting authority with escalation and collaboration to resolve blocks, and seamlessly pulls data from third-party providers for inclusion in the underwriting process.

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