Webinars:
Upcoming Webinar: How to Import ISO Electronic Rating Content™ into Your Core Systems to Achieve Growth and Reduce Costs
Monday January 17, 2011 2PM EST
Duration 60 Minutes
Join us to learn how you can automatically import ISO Electronic Rating Content™ into your policy administration systems. You'll learn about flexible tools that let you apply your own company deviations quickly and easily. Keep current, reduce costs, and accelerate speed to market for standard ISO offerings and highly customized ones.
Speakers:
- Mark Sheehan, Assistant Vice President ISO Rating Service, ISO
- Karen Furtado, Partner, SMA Strategy Meets Action
- Drew Birtwistle, Product Manager, Camilion Solutions
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On Demand: Automate the Management of ISO Rates and Rules to Achieve Growth and Reduce Costs
Duration 60 Minutes
Is your process for handling ISO circulars too labor-intensive, costly and time consuming? Have you ever been burnt because circulars weren't interpreted correctly? Is it costing you thousands of dollars to implement a product change? Are you tired of being "in the queue" waiting for your policy administration system vendor to implement product changes? Are you experiencing premium leakage due to rating errors caused by misinterpretation of ISO data?
Join us to learn how you can transform your business by:
- Automating the implementation of rates and rules for all lines - as interpreted by ISO
- Importing ISO Electronic Rating Content into a best of breed policy administration system to quickly enter new markets or grow your existing book of business
- Utilizing insurance product definitions to quickly and easily develop marketable products that include company-specific deviations
- Leveraging sophisticated product inheritance and re-use capabilities to easily tailor ISO products with no vendor dependency
- Decreasing the risk of non-compliance and fines at the state-level
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On Demand: Simplifying ISO Product Content Updates to Gain Efficiency and Speed-to-Growth
Duration: 60 Minutes
Keeping up with ISO product content circulars has historically been a labor-intensive, costly and time-consuming process. Because carriers typically depend on manual processes to maintain ISO content, they introduce risk into the process in addition to delays and inefficiency. Misinterpreting ISO data can expose carriers to fines and also premium leakage. Even without those additional hazards, insurers can spend thousands for every product change and suffer opportunity loss as products sit in the queue while carriers wait for their policy administration system vendor or IT staff to implement product customizations. By automating ISO product content updates -- importing interpreted ISO Electronic Rating Content directly into a modern policy administration system -- insurers can avoid the inefficiency and risk of manual processes, accelerate insurance product development and simplify ongoing product maintenance while reducing implementation time and cost.
In this one hour webinar, you will learn about:
- The direct integration of interpreted ISO Electronic Rating Content directly from ISO into a modern policy administration system
- Utilizing insurance product definitions with interpreted ISO Electronic Rating Content along with insurer specific deviations
- Leveraging insurance product inheritance and re-use capabilities to quickly and easily customize ISO products with no vendor dependency
- Eliminate inefficient, error prone tasks and bottlenecks
- Decrease the risk of non-compliance
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On Demand: Increase Insurance Product Development Capacity, Reduce IT Costs and Get Products to Market 30% Faster
Hear Jeff Goldberg, Senior Analyst, Celent review the business drivers and benefits for automating your product development process. Get a sneak peek into an innovative product development and management solution that enables you to track and manage all participants and tasks through automated workflows that facilitate effective collaboration among IT and business users.
Listen today