Insurance&Tech_TLB_9.23.19

Regulatory Statistical Reporting

Available from Hubio

Statistical reporting requirements for P&C carriers are extensive, demanding and inclusive. Each jurisdiction imposes different standards, rules, processes and policies. For many carriers this activity can become a burden, and the cost of deficiency penalties can add up.

iter8 solutions are designed to adapt to many of these environments and facilitate accurate timely submissions, in a cost-effective manner. Penalty or deficiency fees can be minimized and time is saved

Money saving
Processes are automated, data is translated and submitted, avoiding manual errors
Proven, operational at multiple other carriers – you save by using technology and methodology established by others
Penalty fees are significantly reduced
Internal IT resources can be redeployed to higher “value-add” functions
Better accuracy
Errors reduced
Multiple data-input streams

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