AscendantOne Releases RiskFocus

June 5, 2002

AscendantOne, Inc. has made available RiskFocus, a unified, comprehensive underwriting/rules engine for automated underwriting and real time risk decision support across all personal and commercial lines of property & casualty business.

RiskFocus is a fundamental element of AscendantOne’s powerful browser-based RateFocus™ system—a unique P&C rate management solution for all lines, in any state, and any distribution framework. RateFocus and the RiskFocus underwriting/rules engine are key components of AscendantOne’s browser-based P&C Solution Suite for new business acquisition, policy administration, customer service and retention management.

The AscendantOne RiskFocus underwriting/rules engine supports powerful business-driven logic, enabling insurance staff, not programmers, to establish automated underwriting including rules, guidelines, validations and edits. RiskFocus and RateFocus are tightly integrated with industry-standard risk information from Insurance Services Office, Inc. (ISO – Jersey City, NJ).

For maximum business and operational control, AscendantOne’s SecurityFocus application works in conjunction with the RiskFocus underwriting/rules engine to manage user access and underwriting rights. While allowing complete administrative flexibility, SecurityFocus controls the access and extent of underwriting authority across the enterprise and within the entire distribution environment of P&C carriers.

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