FHM Insurance Company Goes Live with Insurity’s Cloud-based ‘Workers’ CompXPress’ Policy Administration System
May 17, 2019
Continues Investment in Digital Experience for Agents, Policyholders and Employees
Hartford, CT – May 17, 2019 — Insurity, Inc., a leading insurance platform provider that offers policy, billing, claims, data analytics and digital enablement, announces that FHM Insurance Company is in production with the Workers’ CompXPress policy administration solution. FHM is a prominent mutual insurance company in the Southeast, with licenses in Florida, Georgia, North Carolina, South Carolina, Virginia, Alabama and Kentucky.
The solution provides FHM a complete digital experience for policy and billing, with self-service portals to improve operational efficiency for its agents, policyholders and employees. FHM also opted for Insurity’s market-leading cloud services to enhance data security and scalability. The flexible workflow tools and architecture of Workers’ CompXPress policy solution enhance process automation and offer easy application programming interface (API) integrations, allowing customers to execute on their digital initiatives.
“FHM is a great partner that understands the changes and demands required of insurance companies in an increasingly competitive market,” says Michele Shepard, Chief Revenue Officer at Insurity. “These digital strategy investments empower employees, agents and policyholders with a better experience, while unlocking more agility to grow their business faster.”
Additionally, Workers’ CompXPress offers seamless integration with Insurity’s Valen Analytics’ InsureRight Platform, which FHM has been using for predictive analytics in underwriting since 2013. The improved integration allows them to leverage advanced workflow automation for quicker response times on quotes and better risk assessment and pricing capabilities.
“We are excited to continue growing our partnership with Insurity, which includes both predictive analytics and their policy administration system,” says Matthew Lupino, president and CEO of FHM Insurance Company. “Aside from providing state-of-the-art digital solutions to support our business, their implementation staff ran a successful project, showing great dedication and demonstrating deep knowledge of the workers’ compensation business and the technology that underpins it.”
The Workers’ CompXPress solution is purpose-built for monoline workers’ compensation insurers and self-insurance groups of all sizes, based on Insurity’s deep industry expertise. For more information on the Insurity platform and solutions, visit www.insurity.com.
About FHM Insurance Company
FHM is a mutual insurance company formed in 1954 that is known as an industry leader in workers’ compensation insurance in the Southeast, with licenses in Florida, Georgia, North Carolina, South Carolina, Virginia, Alabama and Kentucky. FHM is dedicated to delivering the highest quality of service through a philosophy of “A Policy To Do More.”
About Insurity
Insurity, Inc. offers innovative and flexible insurance technology that allows clients to meet their business goals and offer a simplified experience. With the market’s most advanced cloud operations, Insurity’s platform offers scalable, highly secure and reliable solutions that increase speed to value. Insurity’s solutions and deep understanding of the insurance business 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, visit www.insurity.com.
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