477

After writing over 50 custom specialty P&C program system management implementations, we've discovered it takes 477* steps. Huddled around the whiteboard, drawing countless flow charts, we've unraveled the complexities of underwriting operations. Each program is unique, yet the core processes – from app intake to policy issuance – remain similar.

Enter InsurSys by Underwriters Technologies.

We've developed a system with 477* adaptable "hooks," allowing you to configure any step to match the GA's business process. Typically, an MGA deviates from these 477* steps about 70 times. We simply reconfigure the 70 steps.

Knowing the 477* steps gives us/you an edge.

No more programmers throwing up their hands four months into the project, saying, “You didn’t tell me the renewal rates differ from the new business rates.” That's step 416.

We regularly configure complex P&C programs in under 120 days. Not just Monoline GL but complex package policies that include property schedules, liability, E&O, EPLI, Hired and Non-Owned Auto, Cyber, and TRIA. Because we know the steps.

We know that Bind (step 110) almost always comes one step before “Email Binder to Broker” (step 111). So we tee up the email with the broker's email address and the binder already attached. And yes, it's automatically added to the agency statement (step 114) and the premium bordereau (step 115).

When it comes down to it, good software is really just good business process. Underwriters Technologies not only knows the 477* steps, but we also know the business.

Your first step is to talk to Underwriters Technologies.

*Note: It becomes 478 if you have something truly obscure like checking the TIV property aggregate for all ICM buildings with an SIR under $10K in the surrounding 20-mile radius and determining if your contract aggregate is currently over 90% of capacity so facultative reinsurance is needed at bind. Adding step 478 isn’t hard. We saw that one coming too.