Solution delivers costs savings, process automation and improvement, and seamless integration with Insurity’s Policy Decisions platform.
Las Vegas, NV (June 8, 2015) – From the IASA Annual Educational Conference and Business Show, Insurity, Inc., a leading provider of core insurance processing and data-driven solutions, announced that Alaska National Insurance Company will implement Insurity’s Forms Authoring Tool, a component of Insurance Decisions Suite.
Alaska National’s implementation will replace a legacy print solution and manage over 5,000 forms in use at the commercial lines insurer. The Forms Authoring Tool provides end-to-end lifecycle administration of forms and policy documents, including automated management of form creation and configuration, electronic delivery capability, and print. Replacing Alaska National’s current, manually-intensive form management processes will enhance accuracy, data quality, and regulatory compliance while delivering a significant expense reduction and fast return on investment.
“We thoroughly evaluated the market and found that the functionality of the Forms Authoring Tool was a superior value over other offerings. No other vendor offered a comparable tool with integrated bureau content. It provides full automation and print capabilities and allows us to put control of form management in the hands of business users,” said Bernie Raven, Executive Vice President, Underwriting, Alaska National Insurance Company. “Additionally, as a long-time Insurity client, we have confidence and trust in their ability to deliver capabilities we need throughout the entire policy administration process.”
As part of Insurance Decisions Suite, the Forms Authoring Tool will augment Alaska National’s existing deployment of Policy Decisions and streamline the overall implementation process. The intuitive interface of the Forms Authoring Tool will also enable users to quickly become proficient with the system without the need for extensive training or change management.
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise and are in production with over 100 insurers, processing billions of dollars of premium each month. Insurity’s solutions address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information about Insurity, call 860-616-7721 or visit www.insurity.com. Connect with Insurity on Twitter, LinkedIn and Facebook.