Plano, Texas-based InsBridge Inc. and Systems Consulting Services Inc. (SCSI), of Ellicott City, Md., providers of software solutions to the property and casualty (P&C) insurance industry, announced they are forming a strategic partnership to create a single solution to the issues surrounding processing of insurance applications and renewals.
The two companies announced that InsBridge will be incorporating the industry leading data access and management functions of SCSI’s Business Information Analysis System (BIAS) into its InsBridge RateManager Suite, a rating tool used in the P&C industry.
All stages of the rating process (i.e. underwriting, tiering, pricing, driver assignment, replacement cost valuation, etc.) require a combination of data from multiple sources (application data, internal data, and external data). The companies said this integration of products will give business and system users in the P&C industry a single product with a complete solution to the issues surrounding rating data interaction.
The RateManager Suite will be available with the integrated BIAS solution in the second quarter of 2003, for delivery in the third quarter of 2003.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
