With full lifecycle management, our Policy Administration module contains all the requisite provisions for processes and transactions from underwriting and rating (including what-if scenarios) to quoting and issuance; from automated renewals, cancellations, reinstatements, and notices to on-demand print production.
The module also includes:
-Configurable workflows, business rules, and data-entry validation criteria
-One-click management of common processes
-Automated escalation for exception processing
-Quick rollout of all P&C lines of business and products
-Support for simple, multi-variate, custom, and service bureaus
-Pre-built integrations with third-party data and report sources (credit, MVR, etc.)
-Enhanced self-service and collaboration capabilities for all constituents.
We can install the module on-site, or we can deliver it from the cloud.