California-based ePolicy Solutions, Inc. has licensed RightRisk(SM) to affiliates of Arch Capital Group Ltd. to provide the core technology for its underwriters, brokers and customers to rate, quote, bind, issue, endorse, cancel and renew its specialty and commercial property and casualty business in a real-time environment. ePolicy Solutions also will provide professional services and will host the site.
Lou Kwiker, CEO of ePolicy Solutions, said, “This is a unique opportunity in our industry because we will be providing the core system for a brand-new carrier platform. Typically, we integrate RightRisk into a carrier’s legacy system.” Kwiker said that RightRisk is designed to positively impact loss and expense ratios, achieve greater revenue and profitability, and enhance ease of use among staff, agents, brokers and policyholders.
Was this article valuable?
Here are more articles you may enjoy.
Storm Austen Will Be Stronger Than Forecast Along UK Coasts 
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies 
Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
