Are you looking for a way to modernize your policy development systems while preserving the worth of past IT investments? read more »

Insurance Networking News published a report listing the Top 10 Tech Challenges in 2011. Legacy Modernization topped the list. Is this a surprise? Not for Camilion. We have been helping insurers leverage the value of in-house systems for years.read more »

Last week we looked at the first 5 things to know before buying a policy administration system. In this week’s post, we examine the next 5 things to know in order to ensure a successful policy administration replacement. read more »

The strategic promise is that policy administration system replacement, if done correctly, can help Property & Casualty insurers improve time to market, be easier to do business with, grow their existing book of business, expand into new lines, reduce costs by increasing productivity, manage loss exposure and expenses and improve profitability. read more »

We recently released a new video with Drew Birtwistle, Product Manager, Camilion Solutions which discusses how ProductAuthority® our innovative product development and management solution enables insurers to directly integrate ISO Electronic Rating Content™ with any P&C policy administration system.read more »

SMA Strategy Meets Action’s Karen Furtado recently published an article titled Possibilities or Limitations: A New View of Policy System Selection at www.propertycasualty360.com which highlights the key areas that insurers should consider when selecting a policy administration system to meet their functional business requirements and to future proof their systems.read more »

In an earlier web poll on handling ISO circulars we asked for your input regarding which part of the process takes the longest to implement. After compiling the data, the results overwhelmingly favour two time consuming processes: Analyzing & Interpreting the ciruclars, and Modifying & Implementing Rates/Rules. Here's a look at the data from the poll:read more »

As part of our Authority Implementation Methodology, Camilion works with our clients to develop a best practice insurance product architecture. This architecture enables an insurer to identify relationships and commonalities in their insurance product portfolio to create a common product baseline. read more »

Gartner recently published MarketScope for North American Property and Casualty Insurance Policy Management Modules, which provides a look into the North American policy management vendor market aimed at Tier 1, 2 and large Tier 3 P&C insurers. While it is not a comprehensive report of all vendors offering policy administration systems, it reviews vendors that support full end-to-end policy management and issuance functionality, with 2 live customers of greater than $500 Million in DWP, that exhibit steady growth and demand in the North American P&C insurance market.read more »

Karen Furtado, Partner, SMA Strategy Meets Action recently published an article discussing the new approaches available today to manage ISO rates and rules beyond the traditional system of record. The article reviews the benefits of ISO Electronic Rating Content™ and how state-of-the-art policy administration systems can and should do more than just quote, issue, and manage policy records.read more »