Insurity, a ChoicePoint® company, has signed First American Insurance Company to a multi-year software licensing agreement. First American will use Insurity’s Commercial Intellisys® platform to process general liability and commercial auto coverage for a school bus program, underwritten by Alternative Transportation Providers Insurance Agency, Inc. (ATP).
“As one of the premier multi-state carriers in the general liability and commercial auto markets, we are extremely pleased to be working with First American delivering software solutions designed to provide true competitive advantage,” Jeffrey Glazer, Insurity vice president, said. “Their particular focus was on the need for speed-to-market capabilities, and we are very pleased that we were able to deliver such a robust package within the timelines they required. This is testimony to our tremendous team of professionals and our uncompromising commitment to client satisfaction.”
Commercial Intellisys is an integrated underwriting, rating and policy- production system that allows underwriters to customize questions, scoring rules and messages quickly and easily. The system provides score-based underwriting for risk acceptability, instant follow-up information and application-information confirmation using carrier parameters. Such parameters often include elements such as MVRs, credit scores, telephone verification, and/or on-site surveys.
Information-ordering components allow underwriters to review initial information before requesting additional verification; reference materials that provide information such as city-file features, NCCI manuals, NAIC codes, address verifications, and SCIs.
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