Allied World U.S. has implemented a new renewal underwriting approach for qualifying policies to automate renewal processing for small business, says Allied World Assurance Company Holdings AG. This process is designed to enable the release of renewal quotes and bound policies using the most recent underwriting information provided.

"This new capability represents a strategic investment in our operational platform designed to bring greater efficiency to our producer partners by simplifying and automating the renewal underwriting  process,” says Gordon Knight, president of Allied World U.S. “Innovation in product and service continues to be a driving force in our approach to the marketplace. We are constantly looking for new and creative solutions like automated renewal underwriting to help us more effectively service our growing book of business, which is now more than 40,000 customers."   The automated renewal process currently is being deployed for Standard Lawyers and (i-bind) Errors and Omissions businesses, says Allied World Co. Holdings AG, adding that Allied World will continue to  integrate and launch the automated renewal process for additional products.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access