- Faster 'Speed to Revenue' in new markets
- Lower customer acquisition costs
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- Greater rating flexibility
- Faster response to market factors
- Lower IT development and maintenance costs
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- Higher staff productivity
(30 to 60%)
- Lower training costs
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- Faster claims settlements
- Lower LAE
- Increased claims accuracy
- Reduced fraud expense
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- Best in class management reporting and analytics
- Lower audit and compliance costs
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- Internet-based agency view
- Integrated with end-to-end policy administration
- Agency ease of use
- Configurable to specific agency user roles
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- Rules-based underwriting module
- Pricing or underwriting changes executed without programming new code
- 50 state compliant
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- Built-in best practices workflow
- Customizable forms library
- Agent self service features
- Effective collaboration, communication, calendaring
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- Consistent:
- Insured view
- Carrier view
- Agency view
- Claims operations view
- Supports industry standards; e.g., Acord, ODG, NCCI, state schedules...
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- Query tools enable ad-hoc analysis
- Data warehouse integrates policy, insured, claim , financial and other data
- Streamlined audit reporting
- Robust standard reporting
- SAS70 compliant
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