With HTC, A Leading Insurer Stays Current On Complex ISO Circulars

Insurance

blank blank

A mature and stabilized application post rate revisions and forms implementation endeavor.

THE CLIENT

A winner of “Excellent” rating from A.M. Best for over 30 years is an ever-expanding property and casualty insurer and they offer a wide range of personal and commercial products which includes personal auto, home, personal umbrella, commercial auto, BOP, commercial package policy, and more.

BACKGROUND

The insurer’s manual methods of interpretation and implementation of ISO loss costs, rules, and forms were turning costly, time-consuming, and ineffective. Gaps in the workflow process of Forms, Rate, Billing, and Commission updates caused various issues pertaining to data capture, inference conditions/business rules triggering forms for Duck Creek-based policy billing applications, forms attachment, and printing. This led to additional operational manual activities, extended time, and budget. Not having a robust process in place to efficiently execute day to day operational activities of Duck Creek-policy billing applications, developing a schedule for backups in alignment with synchronization of data between billing and policy modules, and periodical enhancements
on forms, rate, agency commission payment and production deployment, provided an opportunity to improve.

An immediate need to transform these processes in the key areas was necessary for the organization’s growth and profitability.

    Fill the form to download the Success Story

    All fields marked with * are mandatory
    SHARE

    Related Resources

    Delight Or Drown – Marketing Is That Simple With Metaverse
    Blog
    Hi-Tech
    Delight Or Drown – Marketing Is That Simple With Metaverse
    A Digital-First Pathway To Improve Patient Care
    Brochure
    HTC’s Health Services And Solutions
    A Digital-First Pathway To Improve Patient Care
    Redefining Patient Engagement In The New Era
    Brochure
    HTC’s Digital Front Door
    Redefining Patient Engagement In The New Era
    Analyze. Optimize. Improve. Healthcare Made Better With Data.
    Brochure
    HTC’s Healthcare Digital Analytics Platform
    Analyze. Optimize. Improve. Healthcare Made Better With Data.
    Delivering Personalized Patient Engagement With Digital Front Door
    Success Story
    Healthcare - Digital
    Delivering Personalized Patient Engagement With Digital Front Door
    Enabling A Digital Front Door For Patient-Centered Care
    Success Story
    Healthcare - Digital
    Enabling A Digital Front Door For Patient-Centered Care
    Arrow upward