Insurance carriers using DecisionMaker™ Suite are now able to provide cost-effective policy administration support for their Businessowners Policies.
This latest addition to the growing list of lines of business supported by DecisionMaker™ includes:
- Support for multi-state functionality
- Forms and rate charges based on class code and coverage selected
- Support of company-specific premium charges.
Recognizing industry trends of rapid, low-cost implementations, DRC will be making its BOP solution available to carriers in a Software as a Service (SaaS) platform.
Additionally, this BOP solution inherits all the base functionality that is currently available in the DecisionMaker™ Suite; including its industry-recognized ability to provide full configuration management of rates, rules and online screen presentation in the hands of the carrier’s staff of business analysts and actuarial support staff.
“This general availability of Businessowners Policies to DecisionMaker™ Suite provides the latest testament to how quickly DRC can bring a viable solution to market. Now carriers can have a BOP solution with a low start-up cost in either a rating only or full policy servicing option,” notes Karen Yamamoto, President of DRC.
In addition to BOP, the DecisionMaker commercial lines policy administration system now supports upwards of over 20 different Commercial and Specialty lines including Commercial Auto, Work Comp, General Liability, Commercial Fire, Commercial Package, Professional Liability, D&O Liability, and Employers Practice Liability.
DRC is a highly experienced and trusted software company that consistently delivers and successfully implements solutions to support Personal, Commercial, and Specialty lines of business in the property & casualty insurance industry. From the small startup insurers and MGAs to insurers with written premiums in excess of $2 billion, DRC clients have chosen DecisionMaker for their rating, quoting, billing, policy administration and claims needs and an impressive return on investment.
Find out about GameChanger™ DRC’s new policy administration system coming soon…
Are you offering your customers the Mobile Advantage? Discover the features and benefits of DRC’s Mobile Technology for the insurance industry.
For more information and to arrange a private demo please visit us @ DecisionResearch.com and/or contact:
(808) 949-8316 ext. 120