AMERIND Risk Management Corp. has selected ISCS's SurePower Innovation, a cloud-based enterprise suite, to be the foundation of its core administration and automation project. SurePower Innovation will be delivered via SaaS. ISCS will replace Ravello as the insurer's core systems suite.
ISCS's SurePower Innovation is intended to enhance the insurer’s policy, billing and claims administration, and offer a foundation for expanded commercial lines and workers' compensation opportunities, ISCS said. ISCS and AMERIND will work together as the insurer migrates from experience rating to comparative rating, overcomes challenges with geolocation and adds address verification capabilities, which are intended to improve rating accuracy, ISCS said.
"As the company grows and moves to utilize a more agent-driven distribution model, new, modern technology was needed to connect and collaborate with business partners, as well as to process the new business that is brought in," said Dennis McCann, COO for AMERIND. "The selection of ISCS and SurePower Innovation will not only enhance AMERIND's ability to serve our tribal customers better, but automate processes and identify new opportunities through expanded reporting and BI capabilities as well."
AMERIND specializes in property, liability and workers' comp insurance for tribes, tribal governments, businesses and individuals, serving more than 430 tribes across 36 states. Originally, 90 percent of AMERIND's products were distributed direct-to-consumer, but the company now partners with independent agents/brokers to reach more potential policyholders.
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